Marcie started a consulting firm, she is using an office building she used to rent for $60,000/year as her office. She purchased computers and other equipment for $25,000 and spent $20,000 on marketing and advertising. She also hired an assistant for $30,000/year and her other expenses such as utilities are $15,000. If Marcie worked for another firm, she would earn $100,000. Her revenue for the year were $150,000.

Video for extra help or reference: https://www.youtube.com/watch?time_continue=43&v=a0nUWrnuUdo&feature=emb_logo

a. Economic Profit: ____________

b. Accounting Profit: ___________

Watch the following video: https://www.npr.org/sections/money/2019/10/08/767881839/video-8-reasonshorror-movies-are-scary-goodbusiness?utm_source=EX&utm_medium=Video&utm_campaign=MRUEmail&utm_content=8-reasons-horrormovies-are-scary-good-business&__s=2oc8halfeuhyhq4vi3c2

Question: Pick two of the 8 reasons that horror movies are such good business and write one paragraph explanation for each one.