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Victoria wants to open a boutique. It will cost Victoria $600,000 per year to rent the shop, hire staff and cover all other expenses. The
Victoria wants to open a boutique. It will cost Victoria $600,000 per year to rent the shop, hire staff and cover all other expenses. The boutique will bring in $700,000 worth of revenue.By starting the boutique Victoria has to give up her property agent job from which she earns $ 75,000.Is Victoria making an economic profit / zero economic profit / loss?Calculate Victoria's profit / loss?
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