You are considering quitting your job where you earn $3,200 per month and opening a new business. The cost of renting an office is $2,100 per month, hiring employees would cost $3,100 per month, and utilities would cost $100 per month. The new business will earn a total revenue of $6,500 per month. What is your economic profit?
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Home » Business » You are considering quitting your job where you earn $3,200 per month and opening a new business. The cost of renting an office is $2,100 per month, hiring employees would cost $3,100 per month, and utilities would cost $100 per month.