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Suppose that a farm produces 200,000 units a year and sells them all for $10 each the explicit cost of production are 1.5 million and
Suppose that a farm produces 200,000 units a year and sells them all for $10 each the explicit cost of production are 1.5 million and the implicit cost of production is 300,000 the farm ours and I canning profit of what and what is the economic profit of the farm
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