Should she quit her current job to become an entrepreneur

Assignment Help Macroeconomics
Reference no: EM13178623

suppose natasha currently makes $50,000 per year working as a manager at a cable tv company. In one she will quit her job to start an organic soap company. In the other she will try to develop an internet-based competitor to the local cable company. For the soap making opportunity she anticipates annual revenue of $465,000 and costs for the necessary land, labor and capitol of 395,000 per year. For the internet opportunity she anticipates costs for land labor and capitol of$ 3,250,000 per year as compared to revenues of $3,275,000 per year. Should she quit her current job to become an entrepreneur? If she does not quit her current job which opportunity would she pursue?

Reference no: EM13178623

Questions Cloud

Find the linear correlation coefficient for the systolic : Use the Excel Analysis ToolPak to find the linear correlation coefficient for the systolic and diastolic measurements.
How does the share of income spent on each good change : How does the share of income spent on each good change with pb? If consumers' preferences defined by a Cobb-Douglas utility function, what does your result suggest about their expenditure patterns?
Draw a histogram to represent the distribution : Obtain (generate) a random sample of 180 numbers between 1 and 60. You may use a calculator, excel, or a table of random numbers to achieve this. Use your sample to answer the following questions.
Analysis into action plan-steps to developing a labor force : Identify and explain the essential factors that a human resource manager must consider prior to their company expanding into a new country located in the United Arab Emirates.
Should she quit her current job to become an entrepreneur : For the internet opportunity she anticipates costs for land labor and capitol of$ 3,250,000 per year as compared to revenues of $3,275,000 per year. Should she quit her current job to become an entrepreneur? If she does not quit her current job wh..
What effect does changing the level of con?dence : What effect does changing the level of con?dence have on the sample size? Explain.
What was the revenue in 2000 : A company's costs, in millions of dollars, are given by the equation, C = x2 - 3x - 27, where x is the number of items sold, in thousands. What are the costs when 1,000 items are sold? 1,500 items?
What does being borrowing-constrained mean : What are consumption and saving in each period, assuming no borrowing constraints? What happens if the consumer faces a borrowing constraint that prevents her from borrowing?
What are pros and cons of egans performance appraisal system : What are the pros and cons of Egan's performance appraisal system? Do you think it identifies the best employees? Do you think it helps develop employees to perform the best they can?

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Washington has in the past attached strings

In providing assistance to the states like Washington has in the past attached strings which have dictated state legislation.

  Explain how might we interpret this statement

Explain how might we interpret this statement in terms of cost curves and revenue curves.

  Determine equilibrium income for economy

List four reasons why analyzing the economy is not as precise as the multiplier model makes it appear.

  Explain why is the marginal cost of inputs more important

Explain why is the marginal cost of inputs more important than the average cost of inputs.

  Explain how much do you believe will be the budget share

Assume after 10 years real consumer spending doubles to 100. Explain how much do you believe will be the budget share of leisure.

  Tax on aggregate labor supply curve

Use both an individual's indifference curve and budget line, and the aggregate labor supply curve to explain and illustrate your answer.

  Elucidate one or more of the criteria which you believe

Elucidate one or more of the criteria which you believe should be improved at your place of employment.

  Draw the budget constraint and utility function

Write down his budget constraint and a utility function that captures his preferences. Draw his budget constraint and three of his indifference curves.

  Determination of monopoly price-output and consumer surplus

Consider a monopolist facing demand curve Q = 100 - P. MC=AC=$20. Find out the monopoly price, profits, and consumer surplus.

  Evaluate the sales tax as progressive or regressive

How much more output each year will have to be produced in the world

  Elucidate the differences in unemployment rates among

Elucidate the differences in unemployment rates among the United States and Western European countries.

  Find garfieldís optimal choice of lasagna

The price of Canadian-grown peaches skyrockets during an unusually cold summer that reduces the size of the peach harvest and Technological improvements in the microchip lead to price reductions for personal computers and an increase in computer sale..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd