Suppose Angelo Sessa, owner of Sezz Medi Brick Oven Pizza in NYC, earns 350,000 in revenue per year. He spends 800 a month on ash wood for his stove, 2000 a month on rent, and 1500 a month on ingredients.
He used to be a lawyer and earned 240,000 a year before he opened up Sezz Medi. Normal profit for a pizza business is 30,000. What is Angelo's economic profit? A) 28,400
B) 350,000
C) 58,400
D) 268,400
Question 2
Some of the cost curves for Ike's Ice Cream Kitchen are given in the above figure. At which of the following levels of output will AFC be the lowest?
A) at 0 gallons
B) at 10 gallons
C) at 40 gallons
D) at 70 gallons
A 5,000-year-old Egyptian garment
In the past year, about one in five adults in the United States reported symptoms of anxiety ...
Mixed dishes such as hamburgers and pizza are a major source of solid fats in the diets of Americans
Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet
Use a graphical method to find the length of the loan to the nearest year
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...