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

Author Question: Refer to Scenario 9.9 below to answer the question(s) that follow. SCENARIO 9.9: Sponsors invest ... (Read 32 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Apr 19, 2019

Refer to Scenario 9.9 below to answer the question(s) that follow. 


SCENARIO 9.9: Sponsors invest $250,000 in a new greeting card business on the promise that they will earn a return of 10% per year on their investment. The business sells 52,000 greeting cards per year. The fixed costs for the business include the return to investors and $79,000 in other fixed costs. Variable costs consist of wages ($1,000 per week) plus materials, electricity, etc. ($3,000 per week). The business is open 52 weeks per year.





Refer to Scenario 9.9. The profit for the business is ________ when the average price per greeting card is $7.50.


◦ $78,000
◦ $182,000
◦ $286,000
◦ $311,000
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 mp14 on Apr 19, 2019

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
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


mp14

  • Hero Member
  • *****
  • Posts: 534
Reply #2 on: Apr 19, 2019
TY


jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

How to calculate present value (Question 1) How to calculate present value (Question 1)
question in cost accounting question in cost accounting
Economics question Economics question
economic question economic question
economic question economic question
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library