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Author Question: You use $3,000 of your own money to start a dog-sitting service. During the first year you earn a ... (Read 76 times)

laurencescou

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on: Apr 19, 2019

Question 1

You use $50,000 of your own money to start an espresso stand. During the first year you earn a 10% return on that investment. If the current interest rate on savings is 8%, you earn an economic profit of


◦ -$4,000.
◦ $1,000.
◦ $4,000.
◦ $5,000.

Question 2

You use $3,000 of your own money to start a dog-sitting service. During the first year you earn a 10% return on your investment. If the current interest rate on savings is 7%, you earn an economic profit of


◦ -$90.
◦ $90.
◦ $210.
◦ $300.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by laurencescou on Apr 19, 2019

cdmart10

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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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laurencescou

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

alexanderhamilton

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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