subject
Business, 16.04.2021 18:50 smuindi3293

Use the following information to answer question. Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for $100 each. It costs Madelyn $20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested $100,000 in her factory and equipment: $50,000 from her savings and $50,000 borrowed at 10 percent (assume that she could have loaned her money out at 10 percent, too). Madelyn can work at a competing pottery factory for $40,000 per year. Required:
The economic profit at madelyn's pottery factory is:

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 15:00
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
question
Business, 22.06.2019 20:30
Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear
Answers: 3
question
Business, 22.06.2019 21:50
Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? a. strikes b. collective bargaining c. lobbying d. lockouts
Answers: 1
question
Business, 23.06.2019 03:20
Draw, label and explain the circular flow model (cfm). include the following: firms, households, product market, and factor (or resource) market.who owns the productive resources? what are those resources? what payment does each type of resource earn? explain the two markets in the cfm and explain the roles that firms and household each play in the cfm.
Answers: 2
You know the right answer?
Use the following information to answer question. Madelyn owns a small pottery factory. She can make...
Questions
question
Mathematics, 03.05.2021 21:00
question
Mathematics, 03.05.2021 21:10
question
Arts, 03.05.2021 21:10
question
Mathematics, 03.05.2021 21:10
Questions on the website: 13722367