Mathematics, 03.04.2020 21:44 diamond8189
Linda sells 100 bottles of homemade ketchup for 510 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 while her economic profit is .
a. $700; $400
b. 5300: 5100
c. 5300; negative 5100
d. 51.000: negative $1,100
Answers: 3
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Linda sells 100 bottles of homemade ketchup for 510 each. The cost of the ingredients. the bottles,...
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