2
QuizMultiple Choice

Opportunity Cost

Question 2 of 6 • 26-27 Ignite Economics-KY-Economics

Rescooperate Ice Cream Shop recently analyzed their books. They found that in the past year, they made $100,000 selling ice cream and spent $75,000 on supplies and factory space. The remaining $25,000 represents

Answer
A
profit.
B
loss.
C
revenue.
D
expense.
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