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Sparkle Dreamshas produced 600 pairs of earrings that cost the company $5.00 each to make. They recently sold 450 pairs ofearrings to a local accessory
Sparkle Dreamshas produced 600 pairs of earrings that cost the company $5.00 each to make. They recently sold 450 pairs ofearrings to a local accessory store at $11.50 each. Their opportunity cost is $1,000. What is Sparkle Dreams' economic profit?
- a.)
- b.)
- c.)
- d.)
$2,175
$1,175
$2,925
$1,925
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