Scenario 12-10
Walter builds birdhouses.He spends $5 on the materials for each birdhouse.He can build one in 30 minutes.He is semi-retired but earns $8 per hour at the local hardware store.He can sell a birdhouse for $20 each.
-Refer to Scenario 12-10.An economist would calculate the total profit for one birdhouse to be
A) $7.
B) $11.
C) $12.
D) $15.

Question

Quizplus · Accepted Answer

The Answer of Scenario 12-10
Walter builds birdhouses.He spends $5 on the materials for each birdhouse.He can build one in 30 minutes.He is semi-retired but earns $8 per hour at the local hardware store.He can sell a birdhouse for $20 each.
-Refer to Scenario 12-10.An economist would calculate the total profit for one birdhouse to be
A) $7.
B) $11.
C) $12.
D) $15.

Scenario 12-10 Walter Builds Birdhouses.He Spends $5 on the Materials for Each