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Greg owns a cattle ranch in Alberta.he pays $32,000 per year in insurance, $408,000 in wages, $23,000 in supplies, and he forgoes $32,000 per year he...

Greg owns a cattle ranch in Alberta.he pays $32,000 per year in insurance, $408,000 in wages, $23,000 in supplies, and he forgoes $32,000 per year he could make as a bank teller. His total revenue last year equaled $460,000. That means his economic ___ equaled____.

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