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Business, 19.04.2021 16:10 trevorhenyan51
Which questions about risk should someone ask before making a big purchase? Check all that apply.
What problems are most likely to happen?
What can be done to avoid liability?
What could go wrong?
What problems could be most damaging?
What option has no risk?
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Answers: 1
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Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
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Which questions about risk should someone ask before making a big purchase? Check all that apply.
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