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The sole proprietor of the Books and More bookstore receives all accounting profits earned by her firm. She has a standing salary offer of $
The sole proprietor of the "Books and More" bookstore receives all accounting profits earned by her firm. She has a standing salary offer of $ a year if she agrees to work for a large corporation as an editor. Last year, her accounting profit was $ She decides to stay in her current position as sole proprietor.Which of the following conclusions can be drawn?
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