subject
Business, 11.05.2021 17:00 silvernekoo

Cissy is currently running a bookstore, with a revenue of $100,000 and explicit cost of $40,000 per year. If she closes her bookstore and opens a restaurant, her total revenue will be $165,000 and her explicit cost will be $65,000 per year. If Cissy continues running her bookstore, what is her annual economic profit

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:40
Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.
Answers: 3
question
Business, 22.06.2019 00:20
Overspeculation and a decrease in consumer confidence are both leading factors of: ?
Answers: 1
question
Business, 22.06.2019 00:30
Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
Answers: 3
question
Business, 22.06.2019 19:30
About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.
Answers: 2
You know the right answer?
Cissy is currently running a bookstore, with a revenue of $100,000 and explicit cost of $40,000 per...
Questions
question
Mathematics, 18.01.2021 17:20
question
History, 18.01.2021 17:20
question
Mathematics, 18.01.2021 17:20
question
Mathematics, 18.01.2021 17:20
question
Biology, 18.01.2021 17:20
question
Mathematics, 18.01.2021 17:20
Questions on the website: 13722361