MACROECONOMICS (LL) W/CONNECT
21st Edition
ISBN: 9781264197149
Author: McConnell
Publisher: MCG CUSTOM
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Question
Chapter 2, Problem 3P
To determine
The profit of the bread production.
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Students have asked these similar questions
The 8th graders are volunteering to make and sell organic pesticides, called Sweet4Bees, that will protect
plants in local gardens without harming bees. The teens also plan to donate some of their product to
local nursing homes to use in their gardens. Jade is so excited! She's already started a business log in her
notebook, including a graph with a break-even point of 34 bottles sold.
Suppose all Jade's notes become true. What is the club's overall profit per ounce of pesticide solution,
when 26 bottles have been donated to the nursing homes? Round to the nearest cent.
Sweet4Bees Business Log
Sweet4Bees!
Production Expenses: $1.45 (empty bottle),
$0.05 (label), cost of ingredients (not sure right
now, I'll call it $m)
Taxes & Fees: none!
Sales
Selling Cost: $9.72/bottle
Start-Up Expenses: $65.88
Expenses
(high-speed mixer), $55 (pans),
$26 (kitchenware)
• Each bottle holds 12 oz of pesticide
concentrate.* Directions for preparing
solution: Mix 7 parts water to 1 part
Sweet4Bees…
1.4) You use RM40,000 of your own money to start a catering
business. During the first year you earn a 5% return on that
investment. If the current interest rate on savings is 8%, you earn
an economic profit of
Working Calculation:
1.5) You use RM50,000 of your own money to start an espresso
stand. During the first year you earn a 10% return on that
investment. If the current interest rate on savings is 8%, you earn
an economic profit of
Working Calculation:
Chapter 2 Solutions
MACROECONOMICS (LL) W/CONNECT
Ch. 2.2 - Prob. 1QQCh. 2.2 - Prob. 2QQCh. 2.2 - Prob. 3QQCh. 2.2 - Prob. 4QQCh. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQ
Ch. 2 - Prob. 7DQCh. 2 - Prob. 8DQCh. 2 - Prob. 9DQCh. 2 - Prob. 10DQCh. 2 - Prob. 11DQCh. 2 - Prob. 12DQCh. 2 - Prob. 13DQCh. 2 - Prob. 1RQCh. 2 - Prob. 2RQCh. 2 - Prob. 3RQCh. 2 - Prob. 4RQCh. 2 - Prob. 5RQCh. 2 - Prob. 6RQCh. 2 - Prob. 7RQCh. 2 - Prob. 8RQCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4P
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