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Sagot :
From the amount of capital that the graduates had, the firms economic depreciation would be $10000
How to solve for the economic depreciation of the firm
Original cost of the capital - market value of capital after a year
= $30000 - $20000
= $10000
How to solve for the partnership costs
This is the Cost of capital plus cost of office space and cost of interest = $44,520
How to solve for economic profit
Total revenue - partnership cost
100000 - 44520
= $55,480
Read more on economic depreciation here: https://brainly.com/question/14552090
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