Multiple Choice
Scenario 13-11
Walter builds birdhouses. He spends $5 on the materials for each birdhouse. He can build one in 30 minutes. He is semi-retired but earns $8 per hour at the local hardware store. He can sell a birdhouse for $20 each.
-Refer to Scenario 13-11. The implicit cost for one birdhouse is
A) $4.
B) $5.
C) $8.
D) $9.
Correct Answer:

Verified
Correct Answer:
Verified
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