Myron worked at a factory where he earned $20,000 per year. He quit his job and opened a bumper sticker business. After one year, his business earned $60,000 in sales revenue and he incurred $30,000 in direct business expenses. If he received no salary from the new business, what is his accounting profit?
a. $10,000
b. $20,000
c. $40,000
d. $30,000
e. $60,000
D
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a. monotonicity b. transitivity c. relativity d. reflexivity
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