Kristi and Rebecca sell lemonade on the corner.It costs them 9 cents to make each cup.On a certain day,they sell 40 cups,and their producer surplus for that day amounts to $12.40.Kristi and Rebecca sold each cup for
A) 36 cents.
B) 40 cents.
C) 45 cents.
D) 52 cents.
Correct Answer:
Verified
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The only four producers in a
The following table represents the costs
The following table represents the costs
The numbers reveal the opportunity costs
The numbers reveal the opportunity costs
The following table represents the costs
The numbers reveal the opportunity costs
