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Suppose Maverick, the owner$-$manager of Western Wear Depot, earned $$240,000$ in revenue last year. Maverick's explicit costs of operation totalled $$300,000.$ Maverick has a bachelor's degree in education and could be earning $$40,000$ annually as a high school teacher.

Select one:

a$.$ Maverick's total economic cost is $$340,000.$

b$.$ Maverick's accounting profit is $$60,000.$

c$.$ Maverick incurs $$40,000$ of implicit costs.

d$.$ Maverick's economic profit is $$$100,000.$

e$.$ all of the above.