Question

Young Bobby opened a lemonade stand in his front yard. He used $4 worth of lemons, sugar, and cups, and paid his little sister $1 to operate the stand while he played. She sold 7 cups of lemonade for $1 each. What was the surplus value?

Answer 1

Answer:

$2

Explanation:

Surplus value = revenue - cost

Revenue = $1 × 7 = $7

Cost = $4 + $1 = $5

Surplus value = $2

I hope my answer helps you