If a firm has total revenue of $200 million, explicit costs of $190 million, and implicit costs of $30 million, its economic profit is:
a. $200 million.
b. $70 million.
c. $10 million.
d. ?$10 million.
e. ?$20 million.
e
Economics
a. $200 million.
b. $70 million.
c. $10 million.
d. ?$10 million.
e. ?$20 million.
e