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Question 5 Consider an individual who decide to starts his own business selling computers. He spends $20,000 to buy the necessary machines and equipment. He renta shop house for $100 per month to operate the business. He also hires an assistant for $15,000 per year. He manages to produce 50 computers in the first year and each computer he charges a price of $1,000. Calculate the total revenue, total/cost and the profit of the firm