Question
A business owner makes 60 items by hand in 45 hours. She could have earned $35 an hour working for someone else. Her total
A business owner makes 60 items by hand in 45 hours. She could have earned $35 an hour working for someone else. Her total explicit costs are $225. If each item she makes sells for $18, her economic profit equals: Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. 495
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Statistics For Management And Economics
Authors: Gerald Keller
11th Edition
978-1337296946, 1337296945, 1337093459, 978-1337516723, 1337516724, 978-1337093453
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