Dustin is planning to open a catering business. Indicate if each of the following examples represents a one-time fixed cost, an ongoing fixed cost, or a variable cost that his new catering business might incur. The van he purchases to transport food and equipment to catering jobs i (Click to select)
The cardboard boxes he uses when delivering boxed lunches are (Clickt a one-time fixed cost.
The kitchen space he rents to prep meals is (Click to select) an ongoing fixed cost. a variable cost.
The monthly ad in a local magazine is (Click to select)
The groceries he purchases for the meals he makes is ( (Click to select) )

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)