Answer:
She should stay open, because the revenue of from dog grooming ($30 per dog), is still high enough to cover her variable cost of $20 per dog, even though she is operating at a loss.
Explanation:
Profit = Revenue - Total costs
Total costs = Fixed costs + variable costs
Profit = $30 - $35 = -$5 per dog
This shows she is operating at a loss of $5 per dog.
If a company does not make enough revenue to cover its total costs, then it is operating at a loss.
However such a company must consider its variable cost before deciding whether to shut down.
A company should only shut down if it is unable to make enough revenue to cover its variable cost.
If a company is operating at a loss but can at least cover its variable cost, then it should stay open at least in the short run.
Answer:
$41,400
Explanation:
Tuition will increase by $500 each year
Year 1 tuition = $17,300
Year 2 tuition = $17,800
Year 3 tuition = $18,300
Year 4 tuition = $18,800
Total = $72,200
Scholarship per year = $5000
Total scholarship for 4 years = 4 * $5000
= $20,000
Earnings per year = $2,700
Total earnings for four years = 4 * $2,700
= $10,800
She plans to take out a loan to cover the remaining tuition costs
Loan = Total tuition - (Total scholarship for 4 years + Total earnings for four years)
= $72,200 - ( $20,000 + $10,800)
= 72,200 - (30,800)
= 72,200 - 30,800
= 41,400
Loan = $41,400
Michelle need to borrow $41,400
Media is the organization or entity that would help the fire department with incident scene security, crowd control, and explosives disposal.
Law enforcement is the organization or entity that would support the fire department with incident scene security, crowd control, and explosives disposal. Law enforcement forces respond to emergencies around the clock and operate under a paramilitary command structure. In most traffic situations, officers act alone and are taught to make unilateral command judgments. Fire and rescue services respond to emergencies around the clock and follow a well-defined command structure on the scene. The core constituency of traffic incident management consists of eight key disciplines: law enforcement, fire and rescue, emergency medical, transportation, towing and recovery, hazardous materials cleanup, public safety communications and dispatch, and traffic reporting.
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<span>It would be: $3 million ($10 million in cost less $7 million in payment)</span>
