Ask Question
5 April, 11:27

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.

+1
Answers (1)
  1. 5 April, 11:49
    0
    Chiquita makes an economic profit of $250,000.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “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 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers