This topic contains a solution. Click here to go to the answer

Author Question: Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, ... (Read 135 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, Goldilocks.
 
  She gave up a salary of 40,000 per year, invested her savings of 30,000 (which was earning 5 percent interest) and borrowed 10,000 from a close friend, agreeing to pay 5 percent interest per year. In her first year, Golda spent 18,000 to rent a salon, hired a part-time assistant for 12,000 and incurred another 15,000 in expenses on equipment and hairdressing material. Based on this information, what is the amount of her explicit costs?
  A) 45,000 B) 45,500 C) 47,000 D) 87,000

Question 2

Refer to Table 13-1. What portion of the marginal revenue of the 5th unit is due to the output effect and what portion is due to the price effect?
 
  A) output effect = 1.50; price effect = 2.00 B) output effect = 5.50; price effect = -2.00
  C) output effect = 3.00; price effect = 0.50 D) output effect = 4.00; price effect = -0.50


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




cagreen833

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
Wow, this really help


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library