rickycabanaw747 rickycabanaw747
  • 04-11-2022
  • Business
Answered

Kieran owns and operates his own bike shop. In the past week, a competitor offered to buy kieran’s bike shop for $100,000 and hire kieran for $50,000 per year. Assume the annual interest rate is 6 percent, and kieran’s accounting profit from his bike shop is $60,000. Kieran’s economic profit is?.



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