Multiple Choice
A business owner makes 50 items by hand in six hours. She could have earned $10 an hour working for someone else. If each item sells for $5 and the explicit costs total $14, accounting profit for 50 items is:
A) $74.
B) $176.
C) $236.
D) $300.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q138: Refer to the table shown. Marginal
Q139: Suppose you operate a factory that produces
Q140: Which short-run cost curve continually declines as
Q141: If you have already signed up for
Q142: A firm's total variable cost increases from
Q144: The reason economists and accountants have problems
Q145: A regional airline owns 10 aircraft and
Q146: Refer to the table shown. The
Q147: The minimum point of the average variable
Q148: The average variable cost curve is a