ENGLISH UNITED STATES EN MP Microeconomics ECO20220102 es 1

ENGLISH -UNITED STATES (EN MP Microeconomics (ECO-202-20102) es / 18SUCMP ECO-202-20102 / Week 5 / Week 5 $35,000 and you will eam $50,000 at your new business. Your current ex Calculate the accounting profit

Solution

Accounting profit is the basic profit and it does not include the opportunity cost

Here revenue is 35000. Cost=10000+5000=$15000

Accounting profit=35000-15000=$20000

 ENGLISH -UNITED STATES (EN MP Microeconomics (ECO-202-20102) es / 18SUCMP ECO-202-20102 / Week 5 / Week 5 $35,000 and you will eam $50,000 at your new business

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