Corinne is offered a job with a salary of $70,000, which she turns down to start her own business. She uses $20,000 of her own savings to help start the business, savings that had been providing her a return of $1,000 per year. Over her first year in business, Corinne collects total revenue of $180,000 and must cover explicit costs of $105,000. During her first year in business, Corinne's accounting profit is , and her economic profit is .

Accounting profit $75,000

Economic profit $4,000

Explanation:

Calculation to determine the ACCOUNTING PROFIT

Using this formula

Accounting profit=Total revenue - Isxplicit costs

Let plug in the formula

Accounting profit=$180,000- $105,000

Accounting profit=$75,000

Calculation to determine the ECONOMIC PROFIT using this formula

Economic profit=Total revenue-Explicit costs of -Salary-Return per year

Let plug in the formula

Economic profit=$180,000-$105,00-$70,000-$1,000

Economic profit=$4,000

Therefore During her first year in business, Corinne's accounting profit is $75,000 and her economic profit is $4,000

an employee's increased output after additional training

mark brainliest   : )

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.