Business, 17.03.2020 23:24 djkk1367

Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $700. In addition, it took her 20 hours to make the ketchup and to do so she took time off from a job that paid her $20 per hour. Linda's accounting profit is and her economic profit is Instructions:

a. $700; $400
b. $300; $100
c. $300; negative $100
d. $1,000; negative $1,100

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Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles,...

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