Question 15 pts 1- Refer to the table below to answer the questions. The table shows the monthly economic profit of a dr

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Question 15 pts 1- Refer to the table below to answer thequestions. The table shows the monthly economic profit of adrugstore. Total (gross) revenues per month $27,000 less explicitcosts: Cost of merchandise sold $17,000 Wages to cashier, stock,and delivery help 2,500 Rent and utilities 800 Taxes 700 Totalexplicit costs $21,000 Accounting profit (revenue minus explicitcosts) $6,000 less implicit costs: Wages of owner–manager, 300hours @ $10 per hour $3,000 Return on inventory investment, 10% peryear on $120,000 1,000 Total implicit costs $4,000 Economic profit(revenue minus all costs) $2,000 Please enter your responses as awhole number. If you are entering any negative numbers be sure toinclude a negative sign (−) in front of those numbers. If the ownerof the drugstore hired a manager for $20 an hour to take his place,how much of a change would show up in:
a. Accounting profits per month? $
b. What would the total monthly accounting profits be after themanager works for a month? $
c. How much of a change would show up in economic profits permonth? $
d. What would the total monthly economic profits be after themanager works for a month? $
e. Is It a good business decision to hire the manager? yes orno