Business, 18.03.2021 01:30, mainray1792

Andreas is a political consultant with his own firm. He travels the country and provides campaign advice for political candidates. Last year, he earned $250,000 in revenue for his services. He pays one employee $50,000 to manage the small office back home and pays $30,000 on rent and utilities for that office. His accountant tells him that if he sold all of the equipment, he could put that money in the bank and earn $3,000 in interest next year. Andreas also has received an offer to teach political science at a college at a salary of $100,000. Andreas's accounting profit is equal to , and his economic profit is equal to .

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Andreas is a political consultant with his own firm. He travels the country and provides campaign ad...