Question

Xavier opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two hours, he could have mowed his neighbor’s lawn for $40. Xavier has an accounting profit of _____ and an economic profit of ____.
A) $50, $10B) $90, $50C) $10, $50D) $50, $90

Answer 1

Answer:

A

Explanation:

Answer 2

Your answer would be B