![Business](/tpl/images/cats/ekonomika.png)
Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start his own software business. for his office, joe will use a two-story building that he bought 7 years ago for $250,000. the building is located in hyde park (south side of chicago) in an area where a lot of recent construction has taken place, so the market price for the land has increased. you are given the following information about the costs of his firm: joe will pay himself a wage of: $18,000 per year maintenance and insurance $30,240 per year revenue $96,000 per year land’s salvage (resale) value $395,000 risk-free interest rate 4.75% annually assume for simplicity that all taxes are equal to zero. calculate the economic annual profits of this firm (you can assume that investing the money at the risk-free rate is its best alternative use). a. 47,760 b. -1,002.5 c. 47,741.2 d. 14,843.3 e. none of the above
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 14:30, divaughn1906
The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 16:30, lakesha04begaye
Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:50, ayoismeisalex
Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 19:00, 3peak101
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
Do you know the correct answer?
Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start hi...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 24.09.2020 22:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 24.09.2020 22:01
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 24.09.2020 22:01
![Konu](/tpl/images/cats/istoriya.png)
History, 24.09.2020 22:01
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 24.09.2020 22:01
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/biologiya.png)