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Author Question: Refer to Scenario 9.8 below to answer the question(s) that follow. SCENARIO 9.8: Investors put up ... (Read 13 times)

drink

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on: Apr 19, 2019

Refer to Scenario 9.8 below to answer the question(s) that follow. 



SCENARIO 9.8: Investors put up $1,040,000 to construct a building and purchase all equipment for a new gourmet cupcake bakery. The investors expect to earn a minimum return of 10 per cent on their investment. The bakery is open 52 weeks per year and sells 900 cupcakes per week. The fixed costs are spread over the 52 weeks (i.e. prorated weekly). Included in the fixed costs is the 10% return to the investors and $2,000 in other fixed costs. Variable costs include $2,000 in weekly wages, and $600 per week in materials, electricity, etc. The bakery charges $8 on average per cupcake.





Refer to Scenario 9.8. The bakery is making ________ economic profits per week.


◦ positive
◦ zero
◦ negative
◦ break-even
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by drink on Apr 19, 2019

bookworm410

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Reply #1 on: Apr 19, 2019
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.
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drink

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Reply 2 on: Apr 19, 2019
:D TYSM

jordangronback

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Reply 3 on: Yesterday
Excellent

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