Business, 11.02.2020 01:46 mytymikey123
Katherine gives piano lessons for $15 per hour. She also grows flowers, which she arranges and sells at the local farmer's market. One day she spends 5 hours planting S50 worth of seeds in her garden. Once the seeds have grown into flowers, she can sell them for $150 at the farmer's market. Katherine's accounting profits are
a. $100, and her economic profits are $25
b. $100, and her economic profits are $75.
c. S25, and her economic profits are $100
d. $75, and her economic profits are $125
Answers: 1
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Katherine gives piano lessons for $15 per hour. She also grows flowers, which she arranges and sells...
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