Should sally continue with her ceiling fan business


Sally owns a ceiling fan company. Last year, she sold 1300 ceiling fans at the $60 each, and each fan costs her $30. Before going into the ceiling fan business, she worked as a fan-dancer at the $38,000 a year. She used her own money to buy the fans by moving back the money from her savings account where it was earning 4 percent annual interest. Determine Sally's economic profit and her accounting profit. Should Sally continue with her ceiling fan business? Discuss.

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Macroeconomics: Should sally continue with her ceiling fan business
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