Suppose Angelo Sessa, owner of Sezz Medi Brick Oven Pizza in NYC, earns 350,000 in revenue per year. He spends 800 a month on ash wood for his stove, 2000 a month on rent, and 1500 a month on ingredients.
He used to be a lawyer and earned 240,000 a year before he opened up Sezz Medi. Normal profit for a pizza business is 30,000. What is Angelo's economic profit? A) 28,400
B) 350,000
C) 58,400
D) 268,400
Question 2
Some of the cost curves for Ike's Ice Cream Kitchen are given in the above figure. At which of the following levels of output will AFC be the lowest?
A) at 0 gallons
B) at 10 gallons
C) at 40 gallons
D) at 70 gallons
Medi pics
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Sample budget spreadsheet form for first year of business.
The average weight gain between Thanksgiving and New Year's Day is about a pound
Foods for Baby’s First Year
Kindergarten school year book