I think he was just getting at what a hobbyist spends but you are right about the time factor. It makes the cost go WAY up. I did not figure it that way back in the day. I had a logarithm set up for the time I spent with each adult and average time for each neonate plus a set factor for marketing and shipping based on the number of offspring; this gave me a projected total time cost. This was divide this into projected revenues minus production costs to come up with an estimated dollars / hour I was making.

Whenever I considered a new project all I had to do was plug in a few numbers and see what the impact was. The answer never influenced me very much
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