The following is cost information for the Creamy Crisp Donut Company. Entrepreneur's potential earnings as a salaried worker =$55,000 Annual lease on building =$23,000 Annual revenue from operations =$320,000 Payments to workers =$130,000 Utilities (electricity, water, disposal) costs =$8,000 Value of entrepreneur's talent in the next best entrepreneurial activity =$80,000 Entrepreneur's forgone interest on personal funds used to finance the business =$6,000 If, other things equal, Creamy Crisp's revenue fell to $302,000, A. its accounting profit would fall to $0.
B. it would earn a normal profit but not an economic profit. C. its implicit costs would exceed its economic costs.
D. it would suffer an economic loss.