Kipcast corporation listed on the Vancouver Stock Exchange has implicit costs of $500,000 and explicit costs of $5 million in 2019. If Kipcast Corporation sells 100,000 units of its output at $50 per unit, its accounting Multiple Choice O losses were $500,000 and its economic losses were $0. O profits were $100,000 and its economic profits were $0. O profits were $0 and its economic losses were $500,000. O profits were $500,000 and its economic profits were $1,000,000