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Author Question: Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, ... (Read 121 times)

cagreen833

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on: Jun 29, 2018
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
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bobsmith

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Reply #1 on: Jun 29, 2018
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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cagreen833

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Kedrick2014

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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