Business
02.12.2021 13:48
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Rob quit a job working 20 hours per week at a subway sandwich shop to make sandwiches

Rob quit a job working 20 hours per week at a subway sandwich shop to make sandwiches himself in his college dorm room that he sells to hungry students. if he had been paid $9 per hour at subway and now works the same 20 hours per week but sells his sandwiches for $300 a week and pays only $100 a week for supplies how much economic profit does he make?
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sarahjunexx
sarahjunexx
4,9(11 marks)
If Rob sells his sandwiches for $300 dollars a week and pays only $100 dollars a week for supplies he earns $200 dollar a week in profit $300-$100=$200. In addition he now earns $10 per hour ($200/20hrs= $10 per hour). He now makes more money per hour than when he worked at the sandwich shop. 
sweetbri7p5v6tn
sweetbri7p5v6tn
4,8(85 marks)

C) Marginal utility is less than zero.

Explanation:

Marginal utility is less than zero because Freddy has reached a point in which one additional corn dog does not provide any extra benefit, and on the contrary, actually decreases his well-being by making him feel sick.

Not only he does not need any more corn dogs, but he would incurr a personal cost if he ate one more.

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