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Kayne runs a dance school. Last year, he earned $ 5 0 , 0 0 0 in revenue and had explicit costs of $ 2
Kayne runs a dance school. Last year, he earned $ in revenue and had explicit costs of $ Kayne could have made $ driving for Uber and received an additional $ if he rented out the store and equipment. Calculate Kayne's implicit costs.
$
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