A business produces eight items and sells them for $25 each. The total cost of producing the items is $190 for explicit costs and $200 for implicit costs. Accounting profit is:
A) −$190.
B) $10.
C) $20.
D) $200.

Question

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The Answer of A business produces eight items and sells them for $25 each. The total cost of producing the items is $190 for explicit costs and $200 for implicit costs. Accounting profit is:
A) −$190.
B) $10.
C) $20.
D) $200.

A Business Produces Eight Items and Sells Them for $25