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

Author Question: Bill is an economics professor who earns $37,000 teaching but decides to leave and fulfill his dream ... (Read 119 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: May 24, 2019
Bill is an economics professor who earns $37,000 teaching but decides to leave and fulfill his dream of catering barbecues. During his year of barbecuing he earned total revenue of $60,000. He spent $30,000 on food and supplies. He also paid his wife $10,000 to help serve food. The normal profit for an entrepreneur running a barbecue business is $3,000. Bill also rented an industrial grill/fry truck for $12,000. Bill had an economic
◦ profit of $20,000.
◦ loss of -$32,000.
◦ loss of -$42,000.
◦ profit of $28,000.
◦ profit of zero.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 809779 on May 24, 2019

dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: May 24, 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 32% of students answer this correctly


809779

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: May 24, 2019
Thank you!


dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

ckd teaching ckd teaching
Patient Teaching Patient Teaching
Appropriate teaching methods Appropriate teaching methods
A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt
Bill Viola, Room for St. John of the Cross. Bill Viola, Room for St. John of the Cross.
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library