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

Author Question: Refer to Scenario 9.7 below to answer the question(s) that follow. SCENARIO 9.7: Julio borrowed ... (Read 368 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Apr 19, 2019

Refer to Scenario 9.7 below to answer the question(s) that follow. 



SCENARIO 9.7: Julio borrowed $80,000 from his great aunt to open a coffee stand at a local flea market. He agrees to pay his great aunt a 5% yearly return on the money she lent him. His other yearly fixed costs equal $16,000. His variable costs equal $60,000. He sold 50,000 cups of coffee during the year at a price of $3.00 per cup.





Refer to Scenario 9.7. Julio's total fixed costs equal


◦ $4,000.
◦ $16,000.
◦ $20,000.
◦ $80,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bclement10 on Apr 19, 2019

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
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.
Answer Preview
Only 49% of students answer this correctly


bclement10

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Apr 19, 2019
TY


lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

question asked question asked
question asked question asked
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
How to solve a trigonometric problem involving two right triangles (Question 1) How to solve a trigonometric problem involving two right triangles (Question 1)
this is a math question this is a math question
economic question economic question
Video: Arthritis

For a complete list of videos, visit our video library