| Case 1 | Case 2 | ||
| Revenue | $100,000 | $100,000 | |
| Explicit cost | −60,000 | −60,000 | |
| Depreciation | −5,000 | −5,000 | |
| Accounting profit | 35,000 | 35,000 | |
| Implicit cost of business | |||
| Income Babette could have earned on capital used in the next best way | −3,000 | −3,000 | |
| Income Babette could have earned as a chef in someone else’s restaurant | −34,000 | −30,000 | |
| Economic profit | −2,000 | +2,000 |