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
