Business

Cole Fisher

2 July, 18:29

Ralph owns a small pizza restaurant, where he works full-time in the kitchen. his total revenue last year was $100,000, and his rent was $3,000 per month. he pays his one employee $2,000 per month, and the cost of ingredients and overhead averages $500 per month. ralph could earn $35,000 per year as the manager of a competing pizza restaurant nearby. his total explicit costs for the year were

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Ralph owns a small pizza restaurant, where he works full-time in the kitchen. his total revenue last year was $100,000, and his rent was ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

A company reports basic earnings per share of $5.10, cash dividends per share of $2.05, and a market price per share of $65.55. The company's dividend yield equals:

Which determinant of demand changes in the personal computer market as more individuals become interested in "surfing the internet"?

One important purpose of a brand is to 1. sell advertising space. 2. minimize product line depth needed to be effective. 3. increase consumer recognition and awareness of product offerings. 4. reduce product packaging. 5. meet government regulations.

Which sentence describes a benefit that short-term disability insurance offers a policyholder? O A. It provides 30% to 40% of the policyholder's income for up to one year. B. It provides 10% to 25% of the policyholder's income for up to two years. C.

An individual owns a bicycle repair business as a sole proprietorship. He does not make a lot of money, but he does have $5,000 available for investment this year.

New Questions in Business

Does the production function:q=100L-20/kexhibit increasing, decreasing, or constant returns to scale?

Nazim wants to include putable bonds in his investment portfolio. Nazim is likely to put the bonds when: a. He has reinvestment options with higher yields b.

Without trade, arturo produced and consumed 240 tacos and 120 burritos and dina produced and consumed 100 tacos and 150 burritos.

If consumption spending increases from $758 to $767 billion when disposable income increases from $912 to $927 billion, it can be concluded that the marginal propensity to consume is

With scarcity at the base of all material economics the key operating principle is