subject
Business, 27.09.2019 17:30 jpsaad00

Max shreck, an accountant, quit his $80,000-a-year job and bought an existing tattoo parlor from its previous owner, sylvia sidney. the lease has five years remaining and requires a monthly payment of $4,000. max's explicit cost amounts to $3,000 per month more than his revenue. should max continue operating his business? a. max should continue to run the tattoo parlor until his lease runs out. b. if max's marginal revenue is greater than or equal to his marginal cost, then he should stay in business. c. max's explicit cost exceeds his total revenue. he should shut down his tattoo parlor. d. this cannot be determined without information on his revenue.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 14:40
Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.
Answers: 3
question
Business, 22.06.2019 15:50
Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?
Answers: 1
question
Business, 22.06.2019 17:30
An essential element of being receptive to messages is to have an open mind true or false
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
You know the right answer?
Max shreck, an accountant, quit his $80,000-a-year job and bought an existing tattoo parlor from its...
Questions
question
Spanish, 28.01.2020 14:44
question
Social Studies, 28.01.2020 14:44
question
English, 28.01.2020 14:44
question
Computers and Technology, 28.01.2020 14:44
question
Mathematics, 28.01.2020 14:44
Questions on the website: 13722361