5. You sell T-shirts at your school’s football games. Each shirt costs $5 to make and sells for $10. Each game lasts two hours and you sell 100 shirts per game. You could always be earning $8 per hour at your other job. Which of the following is correct? Your accounting profit from selling shirts at a game is

a. $1,000 and your economic profit is $500.

b. $500 and your economic profit is $1,000.

c. $500 and your economic profit is $484.

d. $484 and your economic profit is $500.

e. $500 and your economic profit is also $500.