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can you help me. 1- RM 10 4 SX Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients and

can you help me.

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1- RM 10 4 SX Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients and the bottles and the labels was $700. In addition, it took her 20 hours to make the ketchup and to do so she took time off from a job that paid her $20 per hour. a) Linda's accounting profit is while her economic profit is b) What would Linda do in the long run? What would happen in the homemade ketchup industry? Assume ketchup is a perfectly competitive firm and the time and wage foregone were the same as Linda's. HA HA Mit IA & 12pt v B IUAT

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