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Suppose Adriene decides to quit her $100,000-a-year-job to start her own pizza shop. She also decides to use her $10,000 savings deposit, which was earning
Suppose Adriene decides to quit her $100,000-a-year-job to start her own pizza shop. She also decides to use her $10,000 savings deposit, which was earning a 5% annual interest, to cover the cost of her equipment. Suppose that she earns the economic profit of $50,000 during her first year. Her normal profit during that year are A. 150,000 B. 50,000 C. 100,500 D. 90,000 E. 100,000
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