Question: QUESTION 22 If a good is not produced, then there is no demand for it. True False QUESTION 23 A lawyer is contemplating quitting
QUESTION 22 If a good is not produced, then there is no demand for it. True False QUESTION 23 A lawyer is contemplating quitting her current job with a major corporation (annual salary $110,000) to open her own law firm. She estimates that the total cost of operating the office will be approximately $118,000 per year. The potential revenue is estimated as $200,000 per year. What is the economic profit? A 3 940 34 MacBook Air 5 6 7 2 por 3 po
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