Chat with us, powered by LiveChat Question Question and Exercise 11-2 (algo) Peggy-Sue's cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster, Inc., to come to work at $75,000 per year. Currently, she is producing her own cookies, and she has revenues of $250,000 per year. Her costs are $20,000 for labor, $25,000 for rent, $40,000 for ingredients, and $6,000 for utilities. She has $150,000 of her own money invested in the operation, which, if she leaves, can be sold for $30,000 that she can invest at 20 percent per year. a. Calculate her accounting and economic profits. Instructions:Round your answers to the nearest whole dollar and use a (-) if the number is negative. Accounting profit is $ . Economic profit is $ . b. Advise her as to what she should do. As an economist, I would advise Peggy-Sue to: decline the job at Cookie Monster Inc. because she is currently earning an economic profit. $ | Writedemy

Question Question and Exercise 11-2 (algo) Peggy-Sue’s cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster, Inc., to come to work at $75,000 per year. Currently, she is producing her own cookies, and she has revenues of $250,000 per year. Her costs are $20,000 for labor, $25,000 for rent, $40,000 for ingredients, and $6,000 for utilities. She has $150,000 of her own money invested in the operation, which, if she leaves, can be sold for $30,000 that she can invest at 20 percent per year. a. Calculate her accounting and economic profits. Instructions:Round your answers to the nearest whole dollar and use a (-) if the number is negative. Accounting profit is $ . Economic profit is $ . b. Advise her as to what she should do. As an economist, I would advise Peggy-Sue to: decline the job at Cookie Monster Inc. because she is currently earning an economic profit. $

04 Jun Question Question and Exercise 11-2 (algo) Peggy-Sue’s cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster, Inc., to come to work at $75,000 per year. Currently, she is producing her own cookies, and she has revenues of $250,000 per year. Her costs are $20,000 for labor, $25,000 for rent, $40,000 for ingredients, and $6,000 for utilities. She has $150,000 of her own money invested in the operation, which, if she leaves, can be sold for $30,000 that she can invest at 20 percent per year. a. Calculate her accounting and economic profits. Instructions:Round your answers to the nearest whole dollar and use a (-) if the number is negative. Accounting profit is $ . Economic profit is $ . b. Advise her as to what she should do. As an economist, I would advise Peggy-Sue to: decline the job at Cookie Monster Inc. because she is currently earning an economic profit. $

Posted at 16:47h in Essay Writing Services by

c

Peggy-Sue’s cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster, Inc., to come to work at $75,000 per year. Currently, she is producing her own cookies, and she has revenues of $250,000 per year. Her costs are $20,000 for labor, $25,000 for rent, $40,000 for ingredients, and $6,000 for utilities. She has $150,000 of her own money invested in the operation, which, if she leaves, can be sold for $30,000 that she can invest at 20 percent per year.

a. Calculate her accounting and economic profits.

Instructions:Round your answers to the nearest whole dollar and use a (-) if the number is negative.

Accounting profit is $
.

Economic profit is $
.

b. Advise her as to what she should do.

As an economist, I would advise Peggy-Sue to:

decline the job at Cookie Monster Inc. because she is currently earning an economic profit.

$

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Writedemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order

Print page