Based on the information given, it should be noted that the economic profit generated will be $14000.
Economic profit is simply calculated as:
Total revenue - Implicit cost - Explicit cost.
= 60000 - 44000 - 30000
= 14000
Implicit cost was calculated as:
= 30000 + 12000 + 2000
= 44000
In conclusion, the correct option is $14000.
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Explanation:
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A bill can be introduced in either chamber of Congress by a senator or representative who sponsors it. ... The president can approve the bill and sign it into law or not approve a bill. If the president chooses to veto a bill, in most cases Congress can vote to override that veto and the bill becomes a law.
B. Give children words to use in place of physical aggression.