Business, 02.03.2020 21:59, joelpimentel

A business owner makes 1000 items a day. Each day she spends 8 hours producing those items. If hired, elsewhere she could have earned $250 an hour. The item sells for $15 each. Production occurs seven days a week. If the explicit costs total $150,000 per month, what is her economic profit? a. $60,000 b. $300,000 c. $240,000 d. $450,000

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A business owner makes 1000 items a day. Each day she spends 8 hours producing those items. If hired...