Question until recently marie worked as an program manager, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics

Basic Economics

Business Economics

International Economics

Managerial Economics

Public Economics

Home >> Microeconomics

Question: Until recently Marie worked as an program manager, earning $45,000 annually. Then she opened a Peruvian restaurant downtown. At the end of the first year, her books showed total revenues of $200,000 and total costs $130,000 for food, utilities, labor, and other supplies. What is Marie's profit from the first year of operation?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M93136318

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question from the work it out effects of trade barriers you

Question: From the Work It Out "Effects of Trade Barriers," you can see that a tariff raises the price of imports. What is interesting is that the price rises by less than the amount of the tariff. Who pays the rest of t ...

Question the demand curve for tickets at an amusement park

Question: The demand curve for tickets at an amusement park is: Q = D(p) = 1900 - 45p, p > 0 The marginal cost of serving a customer is $14. Using calculus and formulas (but no tables or spreadsheets) to find a solution, ...

Question 1 how do managerial economists distinguish between

Question: 1. How do managerial economists distinguish between short and long run for business? 2. In most production processes the short run average cost of production typically drops as more is produced, but eventually, ...

Qestion assume that the production function is given by y

Question: Assume that the production function is given by Y = A K^.4 L^.6 where Y = National Income = GDP, K = 100, L = 400, and A = 10. a. Calculate National Income (Y)? Derive the equation for the marginal product of l ...

Question graphingcalculating questions each of the

Question: Graphing/Calculating Questions: Each of the following should include the requested graphic 1. Using LD = 125-9W as a starting labor demand curve, indicate the change when consumers increase their demand for the ...

Question if trade increases world gdp by 1 per year what is

Question: If trade increases world GDP by 1% per year, what is the global impact of this increase over 10 years? How does this increase compare to the annual GDP of a country like Sri Lanka? Discuss. The response must be ...

Question please use the american psychological association

Question: Please use the American Psychological Association style writing format for referencing your sources. Reference Librarians at each campus of the college can also help you with this. Recommended website: Purdue U ...

Question - the following table shows a workers wages annual

Question - The following table shows a worker's wages (annual salary), from 2007 to 2010: Years Annual Salary CPI (base 100=2005) 2007 7524 109 2008 8208 119 2009 8892 125 2010 9234 130 a) Calculate the time-series data ...

Question find the errors was happened by public

Question: Find the errors was happened by public administrators The state government sold the city harbor 350 acres in 650.000 $ to the city, immediately, the city manager of city X designed an economic development packa ...

Question by visiting the bureau of labor statistics website

Question: By visiting the Bureau of Labor Statistics website, find the latest unemployment rate available for your state (New Jersey 4.2% in Mar 2017). How does the unemployment rate of your state compare to that of the ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As