Solved

Lauren and Amy Sell Lemonade on a Street Corner

Question 75

Multiple Choice
Lauren and Amy sell lemonade on a street corner.Each glass costs them $0.05 to make.At the end of the day,they have sold 50 glasses and received a total producer surplus of $22.50.What are Lauren and Amy selling each glass for

Lauren and Amy sell lemonade on a street corner.Each glass costs them $0.05 to make.At the end of the day,they have sold 50 glasses and received a total producer surplus of $22.50.What are Lauren and Amy selling each glass for


A) $0.15
B) $0.20
C) $0.30
D) $0.45

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents