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Ryanteck Ryanteck
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6 years ago
Related to the Economics in Practice on page 182.  Janice owns an ice cream shop.  Monthly revenue is $12,000.  Her fixed cost of operation include rent, electricity, interest on a loan, etc. and come to $3,500 per month.  Her variable costs include wages for her workers and ice cream supplies which are $4,000 per month.  Janice is trying to decide whether to stay in business or return to her previous occupation as an elementary school teacher.  Janice should return to teaching only if she earns more than ________ a month as a teacher.
A) $4,500
B) $8,000
C) $8,500
D) She should return to teaching regardless of her salary because education is the most important career anyone can have.
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Akshtsaklani21Akshtsaklani21
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