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Sally quit her job as a CFO where she was earning $50,000 per year to start her own financial consulting firm. She converts a building that she owns, which was previously rented for $12,000 per year, into an office. She withdraws and uses her $100,000 savings, which she was earning $5,000 (5 percent) interest per year, to start her business. In her first year of business, she earns $150,000 and has the following expenses: Utilities, $12,000; wages (paid to an assistant), $30,000, and materials, $20,000. Sally tells her friends that despite making profit, it is too costly for her to continue running her consulting firm. How do you justify Sally’s claim? Show work.
The Law of Demand states that the demand for a product is inversely related to the cost of such product.
q1. assume which there is an increase in total factor productivity. in the search model of unemployment find out the
q.suppose you are attempting to buy a used bicycle and you are bargaining with the owner over the sale price. the bike
What is cost-minimizing firm's expansion path will have vertical or horizontal segements.
A business employing 8 workers to produce commemorative t-shirts for campus events organizations.
Find a numerical equaltion relating planned aggregate expenditure to output and to the real interest rate.
Following the war, the government of Country A would like to impose tax RMx on cars. Ilustrate and explain with graph for the car market due to the taxes. In your opinion, who will bear more of the taxes imposed-suppliers or consumers.
Estimate how companies need to bridge the gap between the current state and the e-business state.
the area of the coil is perpendicular to the magnetic field lines, what is the resulting average emf induced in the coil? Any help is appreciated!
Elucidate why those rates may be more meaningful as a measure of change across time than the actual numbers of those events."
Illustrate what occurred to employment during the rest of 2008. Illustrate what are some of the alternatives to a tax cut that might have been utilized.
Assume the Bank of Japan allowed the money supply to grow by 2% each year while the Bank of Korea chose to maintain relatively high money growth of 12% per year.
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