ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question 39
Inna runs a small jewelry shop. They hire one helper and they expect to pay them wages of
$20,000 per year, pays annual rent of $7,000, and spends $15,000 per year on materials. They
have $20,000 of their own funds invested in equipment that could earn them $2,000 per year
if alternatively invested. They has been offered $15,000 per year to work as a jeweler for a
competitor. Total annual revenue from sales is $92,000. Their total accounting profits/loss
would be:
Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.
a
$65,000
b
$10,000
C
$50,000
d
$-10,000
Question 40
rlor companies says it can sell 200 markers at $200 per marker or 300 markers
the midpoint
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Transcribed Image Text:Question 39 Inna runs a small jewelry shop. They hire one helper and they expect to pay them wages of $20,000 per year, pays annual rent of $7,000, and spends $15,000 per year on materials. They have $20,000 of their own funds invested in equipment that could earn them $2,000 per year if alternatively invested. They has been offered $15,000 per year to work as a jeweler for a competitor. Total annual revenue from sales is $92,000. Their total accounting profits/loss would be: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $65,000 b $10,000 C $50,000 d $-10,000 Question 40 rlor companies says it can sell 200 markers at $200 per marker or 300 markers the midpoint
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