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Last year Christine worked as a consultant. She hired an administrative assistant for $20,000 per year and rented office space (utilities included) for $3,500 per

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Last year Christine worked as a consultant. She hired an administrative assistant for $20,000 per year and rented office space (utilities included) for $3,500 per month. Her total revenue for the year was $100,000. If Christine hadn't worked as a consultant she would have worked at a reol estate firm earning $50,000 a year. Last year, Christine's accounting profit was - and her economic profit was Multiple Choice $80.000,$0,000 538,000:512,000 $76,500,$46,500 558000,550,000

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