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irakobra [83]
3 years ago
12

Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $

0.50 per banana. The implicit costs per week are $200,000. Which of the following statements is true? Group of answer choices Chiquita makes an accounting profit of $50,000. More than one answer is correct. Chiquita makes an economic profit of $250,000. Chiquita makes an economic profit of $450,000. Chiquita makes an accounting profit of $250,000.
Business
1 answer:
VLD [36.1K]3 years ago
5 0

Answer:

Chiquita makes an economic profit of $250,000.

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Answer:

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Explanation:

The computation is shown below:

For net income in year 1

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