Question
Roberto has recently decided to start a small scale computer manufacturing business. His mother has agreed to provide him the rent free use of a
Roberto has recently decided to start a small scale computer manufacturing business. His mother has agreed to provide him the rent free use of a small apartment outside of the city to put together his computers. Roberto's motherhas been able to rent her small apartment for $75 a week to visiting tourists. Roberto has decided to quit his part-time work delivering pizza and focus all his afternoon on his new business. Roberto has been earning $150 a week in his part time employment.Roberto has calculated his materials cost per computer to be $270.
If Roberto sells 2 computers during his first week of business at a price of $350 each, what is his family's accounting profit for the week? Explain.
If Roberto sells 5 computers during his second week of business at a price of $325 each, what is his family's economic profit of the week? Explain.
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