1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nika2105 [10]
3 years ago
10

Suppose that Bob leaves a job that pays $100,000 per year in order to open a new sponge business. His insurance cost is $8,000,

his material cost is $15,000, his lease payments are $8,000 and his sales revenue is $120,000. Bob's economic profit is:
Mathematics
1 answer:
tensa zangetsu [6.8K]3 years ago
5 0

Answer:

-$11,000 is the economic profit or we can say it is a loss.

Step-by-step explanation:

The job paid Bob = $100000

The insurance cost is = $8,000

The material cost is = $15,000

The lease payments are = $8,000

The sales revenue is $120,000.

So, Bob's economic profit is: 120000-100000-8000-15000-8000=-11000

Therefore, his economic profit is -$11000.

You might be interested in
What is the value of the expression 50 - (5 + 2)2 + 6?
umka2103 [35]

Answer:

I believe it's 42

Step-by-step explanation:

Replace each letter in the expression with the assigned value.

First, replace each letter in the expression with the value that has been assigned to it. To make your calculations clear and avoid mistakes, always enclose the numbers you're substituting inside parentheses. The value that's given to a variable stays the same throughout the entire problem, even if the letter occurs more than once in the expression.

However, since variables "vary", the value assigned to a particular variable can change from problem to problem, just not within a single problem.

Perform the operations in the expression using the correct order of operations.

Once you've substituted the value for the letter, do the operations to find the value of the expression.

7 0
3 years ago
Which expression has a value of -6 A. -4 • 2 - (-14) B. -16 divided by (-2) - (-2) C. -2 - (-8) divided by (-1) D. -12 divided b
tatiyna

Answer:

its B. -16 divided by (-2) - (-2)

8 0
3 years ago
Find the slope of the line that passes through the points (-19, -4) and (13, -17).​
Tasya [4]

Answer:

m = \frac{-13}{32}

Step-by-step explanation:

Two point slope formula = \frac{y_{2} - y_{1}  }{x_{2} - x_{1} }

\frac{-17 + 4}{13 + 19} = \frac{-13}{32}

7 0
3 years ago
Read 2 more answers
How is the number 2 in 582 similar to the 2 in the number 528
7nadin3 [17]
In the number 582, the 2 has a value of 2.
In the number 528, the 2 has a value of 20.

Similarities...
1) Both divisible by 2.
2) Both divisible by 1.
3) Both are even numbers.
4 0
3 years ago
Read 2 more answers
Helppp please I have limited time
Sophie [7]

Answer:

p = <u>T</u> - a - <u>b</u>

Step-by-step explanation:

Hope that helps, not sure if it is correct though.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Solve for y: <br><br> 10.2=0.6y=?
    8·2 answers
  • Evaluate A = bh, for b = 8 and h = 4.
    6·2 answers
  • Convert 715% to a decimal number
    12·2 answers
  • What is the average rate of change between
    12·2 answers
  • Will give brainliest! Answer honestly i will know if your writing things randomly
    8·2 answers
  • A company uses a computer program to create coupon codes for customers to use on its website. The codes are made up from the sym
    14·2 answers
  • Which expression represents the area of triangle ABC in square meters?
    15·1 answer
  • Which equation could be used to find the measure of one acute angle in the right triangle shown below?
    9·1 answer
  • 4x2 + 3x2 = 14 Solve to three digits?
    8·1 answer
  • Let's evaluate 3x + 4 when x=5
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!