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insens350 [35]
4 years ago
9

Suppose Natasha currently makes $50,000 per year working as a manager at a cable TV company. She then develops two possible entr

epreneurial business opportunities. 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 capital of $395,000 per year. For the Internet opportunity, she anticipates costs for land, labor, and capital of $3,250,000 per year as compared to revenues of $3,275,000 per year. (a) Should she quit her current job to become an entrepreneur? (b) If she does quit her current job, which opportunity would she pursue?
Business
1 answer:
Yakvenalex [24]4 years ago
5 0

Answer:

It should quite the job and do the organic soap business as it provides an economic gain which consider the implicit cost.

Explanation:

alternative (I)

revenues of   465,000

expenses      (395,000)

net income      70,000

opportunity cost

wages from TV company (50,000)

net economic gain   20,000

alternative (II)

revenues    3,250,000

expenses<u>   3,275,000  </u>

net loss         (25,000)

<u>opportunity cost</u>

wages from TV company (50,000)

net economic loss            (70,000)

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MrRa [10]

Answer: Maslow's hierarchy of needs

Explanation:

Maslow's hierarchy of needs is referred to as or known as a theory which was proposed by the American psychologist Abraham Maslow, that tends to put forth the notion/idea that individuals are usually/mostly motivated by the following five categories of need, i.e. safety,  physiological, esteem, love, and also self-actualization.

3 0
3 years ago
A set of speakers may be purchased now for $1000 or by making a down payment of $150 and additional payments of $100 at the end
victus00 [196]

Answer:

the nominal annual interest rate on the payment plan is 15%

Explanation:

According to the question, a one-time payment for the speakers will cost $1,000

An installmental payment will have a $150 down payment and then another $100 fro ten subsequent months.

Calculating the total payment at tthe end of the payment plan will give

$150 + ($100 x 10months)

we have, $150 + $1,000 = $1,150.

This shows that at the end of the payment plan, the set of speakers would have cost $1,150 instead of $1,00 one-time payment.

Step 2:

To calculate the interest rate, we subtract the one-time price from the payment plan price and express it as a percentage of the one time price to get tthe interest rate.

$1,150-$1,000 = $150

then we have,

($150 ÷ $1,000) × 100%

= 0.15 × 100%

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Cheers.

4 0
3 years ago
High-risk or major functions are addressed in the first cycles there by delivering an operational product. Which of the sdlc pro
Lady bird [3.3K]

The SDLC process models achieves the above function is Incremental model. Thus, option (d) is correct.

<h3>What is risk?</h3>

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#SPJ4

Your question is incomplete, but most probably the full question was….

List of options:-

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6 0
2 years ago
In a command economy, who decides what goods will be produced?
mylen [45]
In a command economy, it is the b) government who decides what goods will be produced. 
4 0
3 years ago
Taylor is negotiating to buy some land. Under the first option, Taylor will give Ella $150,000 and assume her mortgage on the la
Anna11 [10]

Answer:

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8 0
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