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You leave your $50,000 a year job and invest your savings of $40,000 (on which you were earning 10 percent annual interest) to start your

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You leave your $50,000 a year job and invest your savings of $40,000 (on which you were earning 10 percent annual interest) to start your own business. In the first year, your business generated $100,000 in total revenue and had to pay $46,000 in explicit costs. The accounting profit generated by this business was $54,000 O $4,000 O $0 O less than your economic profit because accounting profit is always less than economic profit

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