Question: Lisa, a 1 3 year - old, is thinking about opening up a lemonade stand this Saturday. If she does, she is planning on going

Lisa, a 13 year-old, is thinking about opening up a lemonade stand this Saturday. If she does, she is planning on going to Billy Bobs Lemonade Stand rentals and renting everything she needs for $80(table, sign, canopy, pitcher, cooler, empty cigar box, etc). Billy Bobs even supplies you with cups and lemonade concentrate you need. She expects to make $200 in revenue for 10 hours of work. If she doesnt open the lemonade stand she will babysit for the Smith family for the same amount of time at a rate $15 an hour.(Make sure to put in $ signs when answering)a. What is the total benefit Lisa expects from opening up the lemonade stand? b. What is the total cost (opportunity cost) of opening up the Lemonade stand? c. Accounting question: Can she open up the stand? d. Economic question: Should she open the stand? e. How much profit does she expect from the lemonade stand (use a "+" or "-" sign)?

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