Question

Ali opened his own Ice-cream parlor in a store he owns, which cost 5,000 per month to run, but he makes 10,000 a month. He could have worked for Gelato for 2,000 per month, or rented out the store for 1,500 per month. a. Given the information calculate implicit cost b. Given the information calculate explicit cost c. Given the information calculate economic profit.​

Answer 1

Answer:

omg it's quite difficult. :( u have ur exams?