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Suppose your local Home Depot has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store earned an

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Suppose your local Home Depot has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store earned an economic profit of $50,000 last year, its accounting profit was: $94,000. $2.05 million. $2.044 million. O $6,000

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