Answer:
$0.60
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The economic profit that is earned by Bobby on the selling lemonade glasses is $10.
Sales revenue is the income being obtained by an entity when they sold the goods to customers.
Given values:
Total revenue: $75 (25 glasses X $3)
Average total cost: $65 ( 25 glasses X $2.60)
Computation of the total economic profit:
[tex]\rm\ Economic \rm\ profit=\rm\ Total \rm\ revenue-\rm\ Average \rm\ total \rm\ cost\\\rm\ Economic \rm\ profit=\$75-\$65\\\rm\ Economic \rm\ profit=\$10[/tex]
Therefore, the amount of economic profit is $10 received to Bobby after making sale.
Learn more about the economic profit in the related link:
https://brainly.com/question/13528597
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