Fernanda Nicholson

Business

23 April, 00:15

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 13-11. an economist would calculate the total profit for one birdhouse to be

a. $7.

b. $11.

c. $12.

d. $15.

+5

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