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* tA 17 LU Window ques0T Wll save this response uestion 62 Question 62 of 12 points Bubba is a shrimp isherman who could eam $5,000 as a fishing tour guide Instead, he is a lull-time shrimp fsherman In calculating the economic prolt of his shimp business, the 55000 that Bubba gave up is Save Aasw counted as part of the shrimp business's total revenue marginal revenue implicit costs O explicit costs. Moving to another question will save this response Quion 62 of u Close Window 194. 4- & 2 3 T R E

Answer 1

Amount gave up is capital and capital is considered as implicit cost in calculation of economic profit