Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve it correctly please. I ll rate with multiple votes. TYPED answer only. A business chvner makes 60 items by hand in 35 hours. She

image text in transcribed

Solve it correctly please. I ll rate with multiple votes. TYPED answer only.

image text in transcribed

A business chvner makes 60 items by hand in 35 hours. She could have earned $35 an hour working for someone else. Her total explicit costs are 5235. each item she makes sells for SIB, her economic profit equals: Instructions: Enter your answer as a whole number. Myou are entering a negative number include a minus sign.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

Students also viewed these Economics questions

Question

Describe Titcheners theory of meaning.

Answered: 1 week ago