Donnie's Donuts incurs $450,000 per year in explicit costs and $200,000 in implicit costs. The bakery earns $800,000 in revenues and has $2 million in net worth. Based on this information, what is the accounting profit for Donnie's Donuts?

A) $150,000
B) $350,000
C) $600,000
D) $1.2 million


Answer: B

Economics

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