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

  What is the contribution of a faster rate of capital growth

What is the contribution of the growth of total factor productivity growth (dA/A) to that growth? What is the contribution of a faster rate of capital growth compared to labor force growth α[dK/K - dL/L] to increases in Y/L?

  Health expenditure on insurance

Jermaine has a health insurance policy that has a deductible of $1,000, a $10 copayment on doctor visits, and coinsurance of 10% on all expenses other than those for which there are copayments.

  Assessment of demand and supply for given price

Given the Demand curve for flyswatters Q = 500-50P, estimate the quantity demanded for the following prices.

  Illustrate what other steps should the qc department

Utilizing the data, construct limits for x- and R-charts. Explain the process in control. Illustrate what other steps should the QC department follow at this point.

  Describe marginal propensity

Suppose that Melanie had 200000 of disposable income and spent 180,000 on consumption in 2006 & had 300,000 of disposable income & spent 240,000 on consumption in 2007

  It may be borne in mind which demand plays a pivotal role

It may be borne in mind which demand plays a pivotal role so far the determination of equilibrium composition of output is concerned.

  Explain how high does the stock price have to rise

Explain how high does the stock price have to rise for the option strategy to be more profitable.

  Determine what is this year rate of inflation

If the CPI was 120 last year and is 132 this year, what is this year's rate of inflation? Instructions: Round your answer to two decimal places. In contrast, suppose that the CPI was 120 last year and is 118 this year. What is this year's rate of inf..

  Calculate long run equilibrium

Suppose a small city dry-cleaning market, which is monopolistically competitive. Currently, the typical dry-cleaner is charging $5 an product.

  Less elastic and estimating price elasticity of demand

At what price will she buy four visits? Eight visits? What is the elasticity of between a price of $5 and $6 per visit? Between a price of $29 and $31?

  Explain how changes in the equilibrium price also quantity

explain how the changes in the equilibrium price also quantity.

  Explain how will unskilled workers adapt to a workplace

Explain how will unskilled workers adapt to a workplace requiring more skilled workers and fewer unskilled workers.

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