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Author Question: Cassie produces and sells 400 jars of homemade jelly each month for 3 each. Each month, she pays 200 ... (Read 50 times)

123654777

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on: Jun 30, 2018
Cassie produces and sells 400 jars of homemade jelly each month for 3 each. Each month, she pays 200 for jars, 150 for ingredients, and uses her own time, with an opportunity cost of 300 . Her economic profits each month are:
 a. 550.
  b. 700.
  c. 850.
  d. 900.

Question 2

Which of the following is sometimes used as a synonym to describe a bond?
 a. Stock
  b. Fixed-income security
  c. Capital asset
  d. Retained earning
  e. Depreciation


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mistyjohnson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


123654777

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Reply 2 on: Jun 30, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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