Business, 05.05.2020 09:26 paulesparsa6

Arlene makes carrings in the shape of the mascot of a local university, Last year, Arlene made 250 pairs of earrings, which she sold to the university bookstore for $10 cach. Arlene works out of her home; her only cost is $3 per pair of earrings for materials and $85 for tax help. If Arlene did not produce earrings, she would spend her time babysitting her nephews and make about $500 per year.

Which statement is true?

A) Arlene's cconomic profit is $1,665.

B) Arlene's total revenue is $2,500

C) Arlene's total implicit costs are $83.

D) Arlene's accounting profit is S1,65

Answers: 3

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Arlene makes carrings in the shape of the mascot of a local university, Last year, Arlene made 250 p...

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