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Question: madelyn owns a small pottery factory she can make 1000...

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Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for $100 each. It costs Madelyn $20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested $100,000 in her factory and equipment: $50,000 from her savings and $50,000 borrowed at 10% ( assume that she could have loaned her money out at 10%, too). Madelyn can work at a competing pottery factory for $40,000 per year.
The economic profit at madelyn's pottery factory is:

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