User Account

All Pages

Option of forming a lawn care

Assignment Help Business Management
Reference no: EM131930823

Three college students consider the option of forming a lawn care and landscaping business during their summer vacation. They estimate the following costs:

Insurance $2,600

Equipment Rental Fees $1,000

Fuel and Supplies $4 per lawn

Miscellaneous expenses $2 per lawn

Their projected revenue depends on the number of lawns serviced. The price per job is $40. The going wage for a typical unskilled college student is about $2,000 for the summer months.

Describe an equation for total accounting profit with Q (the number of laws serviced) is a variable?

Describe an equation for total economic profit with Q (the number of laws serviced) is a variable? Hint: There are 3 students involved.

Reference no: EM131930823

Questions Cloud

Reputation of having a solid cultural foundation : Think about companies that have a reputation of having a solid cultural foundation.
Advantages of using a methodology like net present value : What are the advantages of using a methodology like net present value (NPV) over a methodology such as internal rate of return (IRR)?
Moral obligation to act honestly towards : Suppose that everyone has a moral obligation to act honestly towards each other no matter what their culture, beliefs, etc. This fits best with.
What is the prevalence of asthma in norfolk and virginia : What risks are present for subjects that participate in your study? and Include risks such as breach of personally identifying information.
Option of forming a lawn care : Three college students consider the option of forming a lawn care and landscaping business during their summer vacation. They estimate the following costs:
Limitation on number of nurses who can be trained : What is the factor that is causing the limitation on number of nurses who can be trained
Number of labors used hour : Suppose a short-run production function is described as Q = 2L - (1/800)L2 where L is the number of labors used each hour. The firm's cost of hiring
How did article help you see the play in a new light : How did article help you see the play in a new light? What do you admire about the article? Do you agree with Chaudhuri's argument (thesis)?
What sort of products helped it achieve this advantage : What sort of products helped it achieve this advantage? Give specific examples. Explain whether these products helped make society a better or worse place

Reviews

Write a Review

Business Management Questions & Answers

  Ineffective measures of low literacy education

What measures should health educators take to avoid the ineffective measures of low literacy education? (1 paragraph)

  Construct a tree diagram for decision

Construct a tree diagram for this decision. Using your tree diagram, identify the choice that would be made using each of the four approaches for decision.

  Goal of population-focused health research

Your textbook states, "the goal of population-focused health research as a whole is to make discoveries that can benefit society."

  Distinguish between accounting profit

Distinguish between accounting profit, economic profit, and normal profit. Does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures?

  Difference between microsoft market value

a. What are the factors that likely explain the difference between Microsoft's market value of equity and its reported book value of equity?

  What was the resolution to this problem

What was the cause of the de Havilland Comet crashes and what was the resolution to this problem?

  Evaluate the role played by contract auditors

Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

  Period on the horizontal axis and consumer goods

Putting capital goods per period on the horizontal axis and consumer goods per period on the vertical axis, graph the production possibilities curve.

  Analyze the basic concepts tools used to diagnose a company

How is the concept(s) used in your current or past place of employment and/or career? Analyze the basic concepts and analytical tools used to diagnose a company's industry and competitive conditions.

  What is the relationship between evidence and proof

What is the relationship between "evidence" and "proof" in this case? What ethical decision rules can be applied in a situation where there is evidence, but no proof - What did Beech-Nut have to gain or lose by joining the Apple Processors' lawsuit..

  What are the independent variables in the given study

What are the independent variables in this study? Why is a factorial MANOVA appropriate to use for this research design?

  How the mining group gold process will improve teamwork

Describe and Explain how the mining group gold process will improve teamwork

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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