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. Your economic profit last year was
◦ -$20,000.
◦ $40,000.
◦ $70,000.
◦ $90,000.
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. Your economic profit last year was
◦ -$20,000.
◦ $40,000.
◦ $70,000.
◦ $90,000.
How to choose the right payment plan with changing conditions (Question 1)
Answer the image
Refer to (d) in the figure above. This rectifier arrangement
this is a math question
economic question
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...