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All I WANT TO KNOW IS HOW DID THE TEACHER GET THE ECONOMIC PROFIT OF 62....

All I WANT TO KNOW IS HOW DID THE TEACHER GET THE ECONOMIC PROFIT OF 62.

Abe grows beautiful orchids. His total fixed cost is $72 a day, and his average variable cost is a constant $1 a plant. Abe is maximizing his profit by selling 18 orchids a day for $5 a plant and makes zero economic profit.

Few people know about Abe's Orchids and Abe thinks that if he spends $46 a day on advertising he can increase his market and sell 45 orchids a day for $5 a plant

If Abe's belief about the effect of advertising is correct,__________

The correct answer is ____ by advertising Abe will increase his economic profit by $62

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