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
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
Chapter1: Making Economics Decisions
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