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M Chapter 2 Problems x -> Dezto.mheducation.com/hm.tpx?--0.7650913136810761.1462

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Question

M Chapter 2 Problems x -> Dezto.mheducation.com/hm.tpx?--0.7650913136810761.14624 New Tab Connect. ECONOMICS Chapter 2 Problems instructions help Question 1 fof 3) Save & Ext 1 Submit value 10.00 points Suppose Natasha currently makes $80,000 per year working as a manager at cable TV company She then develops two possible entrepreneurial 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 compettor to the local cable company. For the soap-making opportunity she onticipates annul revenue of $465.000 and costs for the necessary land. labor, and copital of $395.000 per year. For the Internet opportunity she anticipates costs for land, lobor and capital of $3.250000 per year os compared to revenues of $3.275.000 per year a. Should she quit her current job to become an entrepreneu (Click to select) b. If she does quit her current job. which opportunity would she pursue? (Click to select) References eBook & Resources Worksheet Section our Fundamenta Leaming Objective 02-03 Explain how the market system answers the four fundament 5:52 PM

Explanation / Answer

1) No she must not quit her current job

If she quits she must start soap making,

70,000 profit in soap and 25,000 in Internet company

2)

No,

800 is the sales revenue and 800 is the expense 0 profit