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 108 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?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

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%.

Patient teaching: neck assessment Patient teaching: neck assessment
Patient teaching: female genetalia and reproductive tract assessment Patient teaching: female genetalia and reproductive tract assessment
Family teaching: problem solving skills. Family teaching: problem solving skills.
Teaching in America Teaching in America
Economics question Economics question
Economics question Economics question
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library