Business, 26.05.2020 21:05 brainy51

Your aunt is thinking about opening a hardware store. She estimates that it would cost $300,000 per year to rent the location and buy the stock. In addition, she would have to quit her $45,000 per year job as an accountant. Suppose your aunt thought she could sell $320,000 worth of merchandise in a year. Which statement is true? The opportunity cost of running the hardware store is $300,000 and she should open the store since her economic profit would be

The opportunity cost of running the hardware store is $345,000 and she should open the store since her accounting profit would be positive.

The opportunity cost of running the hardware store is $300,000 and she should not open the store since her accounting profit would be negative.

The opportunity cost of running the hardware store is $345,000 and she should not open the store since her economic profit would be negative

None of above

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 16:20

Carlos hears juan and rita’s complaints about the new employees with whom they have to work with, as well as their threats to quit the company. if carlos were to reassign juan and rita to new, unique roles and separate them from the ronny and bill, it would signal that carlos has moved into the stage of managing resistance.

Answers: 3

Answer

Business, 22.06.2019 18:00

In which job role will you be creating e-papers, newsletters, and periodicals?

Answers: 1

Answer

Business, 22.06.2019 20:20

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

Answers: 2

Answer

Business, 22.06.2019 23:30

Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\

Answers: 3

Answer

You know the right answer?

Your aunt is thinking about opening a hardware store. She estimates that it would cost $300,000 per...

Questions