Multiple Choice
The Wax Works sells 400 candles at a price of $10 per candle. The Wax Works' total costs for producing 400 candles are $500. The Wax Works' economic profit is
A) -$100.
B) $3,500.
C) $4,500.
D) indeterminate from this information.
Correct Answer:
Verified
Correct Answer:
Verified
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