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Scenario 13-8 Wanda owns a lemonade stand. She produces lemonade using ve inputs: water, sugar, lemons, paper cups, and labor. Her costs per glass are

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Scenario 13-8 Wanda owns a lemonade stand. She produces lemonade using ve inputs: water, sugar, lemons, paper cups, and labor. Her costs per glass are as follows: $0.01 for water, $0.02 for sugar, $0.03 for lemons, $0.02 for cups, and $0.10 for the opportunity cost of her labor. She can sell 300 glasses for $0.50 each. 34. Refer to Scenario 13-8. What are Wanda's explicit costs per glass? a. $0.18 b. $0.10 c. $0.08 d. $0.02

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