Business, 25.11.2019 23:31, musicqueen360

Asmall business owner earns $50,000 in revenue annually. the explicit annual costs equal $30,000. the owner could work for someone else and earn $25,000 annually. the owner's business profit is and the economic profit is
a) $20,000, $20,000
b) $20,000, -$5,000
c) $25,000, -$5,000
d) $25,000, $20,000

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Asmall business owner earns $50,000 in revenue annually. the explicit annual costs equal $30,000. th...