Question 5 The sole proprietor of the "Books and More" bookstore receives all accounting profits earned by her firm and a $28,000-a-yearsalary she pays herself. She has a standing salary offer of $35,000 a year if she agrees to work for a large corporation. If she had invested her capital outside her own company, she estimates that would have returned $22,000 a year. Last year, her accounting profit was $50,000. What was her economic profit?

a) The owners of firms in the real world would generally expect (in the long run at least) to have some positive of profits on their accounting statements. However, in economic models we usually assume that firms will be willing to operate for zero economic profits even for the long term. Explain why this is the case.

___________ will occur in a perfectly competitive market in the long run when a firm is not making an accounting profit.

In this assignment you will generate a basic PESTEL analysis report for a company of your choosing. For starters, go to this link- https://fourweekmba.com/pestel-analysis/ with this resource you can generate Pestel Analyses or see examples of some basic analyses for different companies. You are going to choose one company analysis (either generated by the AI or using one of the examples developed in the resource