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Mathematics, 19.10.2019 03:30, jessica112776
Shelby is an entrepreneur who has decided to open a small advertising firm. she rents office space at a cost of $25,000 per year, she has employed an assistant at a salary of $30,000 per year, and she incurs annual utility and office supply expenses of $20,000. her best alternative is to work elsewhere and to earn a salary of $50,000 per year. how much annual revenue must her firm receive so that shelby earns zero economic profit?
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