This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Dr. Khan starts his own dental practice after quitting his $150,000 job at The Mall Dental Clinic. ... (Read 61 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
on: May 24, 2019
Dr. Khan starts his own dental practice after quitting his $150,000 job at The Mall Dental Clinic. His revenues for the first year are $500,000. He paid $90,000 in rent for the dental office, $60,000 for his office manager's salary, $24,000 for the dental hygienist, $150,000 for insurance, and $6,000 for other miscellaneous costs. The normal profit from running his business is $20,000.
◦ His accounting profit is $350,000.
◦ His economic profit is $150,000.
◦ His economic profit is zero.
◦ His accounting profit is zero.
◦ None of these answers is correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by burchfield96 on May 24, 2019

raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: May 24, 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.
Answer Preview
Only 45% of students answer this correctly


burchfield96

  • Member
  • Posts: 610
Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

A subculture of employees who work at a medical practice A subculture of employees who work at a medical practice
Used dental floss Used dental floss
"Practice makes perfect" "Practice makes perfect"
Keep Calm and Do the Practice Test Keep Calm and Do the Practice Test
Sample prescriptions of antibiotics for dental infections. Sample prescriptions of antibiotics for dental infections.
Private Practice Massage Therapy Business Plan Cont Private Practice Massage Therapy Business Plan Cont
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library