Business
Business, 21.04.2020 02:22, natalie857123

Darrell is the owner of a furniture store. Last year, his total revenue was $525,000 and his total labor costs were $200,000. His overhead expenses, including insurance and legal fees, were $175,000. The rent on his building was $45,000. Darrell could earn $105,000 per year working at a nearby furniture distributor. If his total revenue increases to $600,000 this year and all of his other expenses are held constant, we know that his economic profit is now: Group of answer choices

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Darrell is the owner of a furniture store. Last year, his total revenue was $525,000 and his total l...

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