Should she quit her current job to become an entrepreneur

Assignment Help Macroeconomics

Reference no: EM13178623

suppose natasha currently makes $50,000 per year working as a manager at a cable tv company. In one she will quit her job to start an organic soap company. In the other she will try to develop an internet-based competitor to the local cable company. For the soap making opportunity she anticipates annual revenue of $465,000 and costs for the necessary land, labor and capitol of 395,000 per year. For the internet opportunity she anticipates costs for land labor and capitol of$ 3,250,000 per year as compared to revenues of $3,275,000 per year. Should she quit her current job to become an entrepreneur? If she does not quit her current job which opportunity would she pursue?

Reference no: EM13178623

Questions Cloud

Find the linear correlation coefficient for the systolic : Use the Excel Analysis ToolPak to find the linear correlation coefficient for the systolic and diastolic measurements.

How does the share of income spent on each good change : How does the share of income spent on each good change with pb? If consumers' preferences defined by a Cobb-Douglas utility function, what does your result suggest about their expenditure patterns?

Draw a histogram to represent the distribution : Obtain (generate) a random sample of 180 numbers between 1 and 60. You may use a calculator, excel, or a table of random numbers to achieve this. Use your sample to answer the following questions.

Analysis into action plan-steps to developing a labor force : Identify and explain the essential factors that a human resource manager must consider prior to their company expanding into a new country located in the United Arab Emirates.

Should she quit her current job to become an entrepreneur : For the internet opportunity she anticipates costs for land labor and capitol of$ 3,250,000 per year as compared to revenues of $3,275,000 per year. Should she quit her current job to become an entrepreneur? If she does not quit her current job wh..

What effect does changing the level of con?dence : What effect does changing the level of con?dence have on the sample size? Explain.

What was the revenue in 2000 : A company's costs, in millions of dollars, are given by the equation, C = x2 - 3x - 27, where x is the number of items sold, in thousands. What are the costs when 1,000 items are sold? 1,500 items?

What does being borrowing-constrained mean : What are consumption and saving in each period, assuming no borrowing constraints? What happens if the consumer faces a borrowing constraint that prevents her from borrowing?

What are pros and cons of egans performance appraisal system : What are the pros and cons of Egan's performance appraisal system? Do you think it identifies the best employees? Do you think it helps develop employees to perform the best they can?

User Account

All Pages