TWO MC QUESTIONS (Last question also has 1700 has an answer

Suppose a firm has many different possible short-run average total cost curves, representing different amounts of fixed inputs. The long-run average cost curve each of the short run average cost curves. can be less than or greater than is the sum of is greater than is less than or equal to Question 22 (1 point) You run a business with annual revenue of $5,000 and expenses of $1,400. You have a job offer from one of your competitors to work for an annual salary of $2500. The equipment for the business could be sold and the funds invested to generate $100 in annual interest earnings if the proceeds were invested. What is your economic profit from running the business? $2,100 $1,000 $1,400