Question

You are running a business, and each good that you produce costs $1.50. In order to earn a profit, you could choose a price of _____ for your product.

50 cents
$1.00
$2.00

Answer 1

Answer: $2

Explanation: your answer is $2

Answer 2

It's clearly $2.00. You would get 50 cents for every product you cell, which is still profit.