Mike and Sarah Sell Lemonade on the Corner for $2

question 58

Multiple Choice

Mike and Sarah sell lemonade on the corner for $2.10 per cup. It costs them $0.10 to make each cup. On a certain day, their producer surplus is $40. How many cups did Mike and Sarah sell?

• A)10
• B)40
• C)2
• D)20

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Definitions:

Funded By

Indicating the source of financial resources provided to support a project, initiative, or business venture.

Time By Job Report

A detailed report showing the amount of time spent by employees on specific jobs or tasks.

Management

The process of dealing with or controlling things or people, often within an organization.

Purchase Orders

A purchase order is a document issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services.