Acme Steel Co produces 1000 tons of steel. Steel sells for $30 per ton. Acme pays wages of $10,000. Acme buys $15,000 worth of coal, which is needed to produce the steel. Acme pays $2,000 in taxes. Acme's profit is
A) $0.
B) $2,000.
C) $3,000.
D) $15,000.
C
Economics
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Indicate whether the statement is true or false
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