The decision-making process followed by consumers to maximize utility assumes that Multiple Choice consumers behave rationally, attempting to maximize their satisfaction. consumers have unlimited incomes. consumers do not know how much marginal utility they obtain from consuming additional units of various products. consumers are unable to rank their preferences.Suppose that a firm produces 200,000 units a year and sells them all for $10 each. The explicit costs of production are $1,500,000 and the implicit costs of production are $300,000. The firm earns an accounting profit of ________ and an economic profit of ________. Multiple Choice $500,000; $200,000 $500,000; $1,700,000 $1,700,000; $200,000 $1,700,000; $500,000