George Owns A Gun Range In Texas He Pays 32 000 Per Year In Insurance 408 000 In

George owns a gun range in Texas. He pays $32,000 per year in insurance, $408,000 in wages, $23,000 in supplies, and he foregoes $32,000 per year he could make as a police officer. His total revenue last year equaled $460,000. That means his economic ______ equaled ______.

 

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