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The Bowery Hotel is located on Third Street in Manhattan. Suppose the hotel has explicit financial costs of $ 2 0 0 , 0 0

The Bowery Hotel is located on Third Street in Manhattan. Suppose the hotel has explicit financial costs of $200,000 per year and implicit opportunity costs of $50,000 per year. If the hotel earned an economic profit of $50,000 last year, the hotel's accounting profit equaled:
$50,000.
$100,000
$200,000.
$10,000
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