The Oh So Humble Bakery Sells 300 Muffins at a Price

Multiple Choice

The Oh So Humble Bakery sells 300 muffins at a price of $1 per muffin. Its explicit costs for producing 300 muffins are $250. If the bakery is earning a normal rate of return, then implicit costs must be

A) $50.
B) $100.
C) $250.
D) $350.