Julie quit her job at Amtrak where she earned $58,000 a year. She cashed in $80,000 in corporate bonds that earned 10% interest annually to buy a bus. Julie decided use the bus and start a commuter service between New Jersey and New York. There a 1,000 people who will each pay $800 a year for the commuter service. Julie has $560 in expenses per person for gas, maintenance, insurance, depreciation, etc. What are Jane's total revenues?

Julie quit her job at Amtrak where she earned $58,000 a year. She cashed in $80,000 in corporate bonds that earned 10% interest annually to buy a bus. Julie decided use the bus and start a commuter service between New Jersey and New York. There a 1,000 people who will each pay $800 a year for the commuter service. Julie has $560 in expenses per person for gas, maintenance, insurance, depreciation, etc. What are Jane's total explicit costs?

Julie quit her job at Amtrak where she earned $58,000 a year. She cashed in $80,000 in corporate bonds that earned 10% interest annually to buy a bus. Julie decided use the bus and start a commuter service between New Jersey and New York. There a 1,000 people who will each pay $800 a year for the commuter service. Julie has $560 in expenses per person for gas, maintenance, insurance, depreciation, etc. What is Jane's accounting profit from the business?

Julie quit her job at Amtrak where she earned $58,000 a year. She cashed in $80,000 in corporate bonds that earned 10% interest annually to buy a bus. Julie decided use the bus and start a commuter service between New Jersey and New York. There a 1,000 people who will each pay $800 a year for the commuter service. Julie has $560 in expenses per person for gas, maintenance, insurance, depreciation, etc. What are Jane's total implicit costs?

Julie quit her job at Amtrak where she earned $58,000 a year. She cashed in $80,000 in corporate bonds that earned 10% interest annually to buy a bus. Julie decided use the bus and start a commuter service between New Jersey and New York. There a 1,000 people who will each pay $800 a year for the commuter service. Julie has $560 in expenses per person for gas, maintenance, insurance, depreciation, etc. What is the economic profit(+)/loss(-) from the business?

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