Question 1
Refer to Scenario 7.5 below to answer the question(s) that follow.
SCENARIO 7.5: You own and are the only employee of a company that customizes bicycles. Last year your total revenue was $60,000. Your costs for rent and supplies were $25,000. To start this business you invested an amount of your own capital that could pay you a $45,000 a year return.
Refer to Scenario 7.5. Your economic profit last year was
◦ -$20,000.
◦ -$10,000.
◦ $15,000.
◦ $35,000.
Question 2
Refer to Scenario 7.5 below to answer the question(s) that follow.
SCENARIO 7.5: You own and are the only employee of a company that customizes bicycles. Last year your total revenue was $60,000. Your costs for rent and supplies were $25,000. To start this business you invested an amount of your own capital that could pay you a $45,000 a year return.
Refer to Scenario 7.5. Your economic profit last year was
◦ -$20,000.
◦ -$10,000.
◦ $15,000.
◦ $35,000.
Divorces are often messy. To settle the question of who gets the house, a couple in Cambodia sawed ...
Operations Management question
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
Economics question
Business question
Youtube Question