Business, 20.03.2020 12:05, bnnn

George owns a dude ranch in Texas. He pays $32,000 per year in insurance, $408,000 in wages, and $23,000 in supplies. He forgoes $32,000 per year he could make as a police officer. His total revenue last year equaled $460,000. That means his economic equaled . profit; $3,000 losses; $35,000 losses; $3,000 profit; $35,000

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George owns a dude ranch in Texas. He pays $32,000 per year in insurance, $408,000 in wages, and $23...