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Sue owns a baking company. The company's total revenue for a month is $4000. The monthly costs of resources bought in the market and of resources owned by the firm are $2000 and monthly costs of resources supplied by the owner are $1000. Sue's economic profit for the month is equal to $4000. $3000. $2000. $1000.

Respuesta :

Karabo99

Answer:

$1000.

Explanation:

Total Cost = $2000

Implicit cost = $1000

Total Revenue = $4000

Economic Profit = Total Revenue - (Total Cost + implicit cost)

                            = $4000 - ($2000 + $1000)

                            = $1000

Therefore, Sue's economic profit for the month is equal to $1000.

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