Crowdly
Add to Chrome
Gerald is a freelance writer who would earn $25,000 a year if he worked for a me...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Gerald is a freelance writer who would earn $25,000 a year if he worked for a media outlet, but instead runs his own business, which makes revenue of $40,000 a year. His only business expenses are $1,000 for writing materials and $12,000 for rent. What is Gerald's economic profit from working as a freelance writer?
0%
0%
0%
0%
0%