nicole owns a small pottery factory. she can make 1,000 pieces of pottery per year and...
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nicole owns a small pottery factory. she can make 1,000 pieces of pottery per year and sell them for €100 each. it costs nicole €20,000 for the raw materials to produce the 1,000 pieces of pottery. she has invested €100,000 in her factory and equipment: €50,000 from her savings and €50,000 borrowed at 10 per cent. (assume that she could have loaned her money out at 10 per cent, too.) nicole can work at a competing pottery factory for €40,000 per year. the accounting profit at nicole's pottery factory is 3. O 80000 75000 O 60000 O 55000 nicole owns a small pottery factory. she can make 1,000 pieces of pottery per year and sell them for €100 each. it costs nicole €20,000 for the raw materials to produce the 1,000 pieces of pottery. she has invested €100,000 in her factory and equipment: €50,000 from her savings and €50,000 borrowed at 10 per cent. (assume that she could have loaned her money out at 10 per cent, too.) nicole can work at a competing pottery factory for €40,000 per year. the accounting profit at nicole's pottery factory is 3. O 80000 75000 O 60000 O 55000
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Related Book For
An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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