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A business owner makes 50 items by hand in six hours. She could have earned $10 an hour working for someone else. If each item sells for $5 and the explicit costs total $14, economic profit equals:
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A business owner makes 50 items by hand in six hours. She could have earned $10 an hour working for someone else. If each item sells for $5 and the explicit costs total $14, economic profit equals:

User Subin Jacob
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Answer:

Please see attachment.

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A business owner makes 50 items by hand in six hours. She could have earned $10 an-example-1
User Hari K T
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