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Author Question: Refer to Scenario 7.4 below to answer the question(s) that follow. SCENARIO 7.4: You own and are the ... (Read 12 times)

big1devin

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on: Apr 19, 2019

Question 1

Refer to Scenario 7.4 below to answer the question(s) that follow.



SCENARIO 7.4: You own and are the only employee of a company that sells custom embroidered pet sweaters. Last year your total revenue was $120,000. Your costs for equipment, rent, and supplies were $30,000. To start this business you invested an amount of your own capital that could pay you a $50,000 a year return.





Refer to Scenario 7.4. During the year your economic costs were


◦ $30,000.
◦ $50,000.
◦ $80,000.
◦ $120,000.

Question 2

Refer to Scenario 7.4 below to answer the question(s) that follow.



SCENARIO 7.4: You own and are the only employee of a company that sells custom embroidered pet sweaters. Last year your total revenue was $120,000. Your costs for equipment, rent, and supplies were $30,000. To start this business you invested an amount of your own capital that could pay you a $50,000 a year return.





Refer to Scenario 7.4. During the year your economic costs were


◦ $30,000.
◦ $50,000.
◦ $80,000.
◦ $120,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by big1devin on Apr 19, 2019

frogdreck123456

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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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big1devin

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

amandanbreshears

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

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