What is madisons economic profit

Reference no: EM13687652

Suppose madison has used 45,000 of her money to start a window washing company. Suppose that the money otherwise could have been invested elsewhere and earned as much as a 12 % annual rate of return. The window washing company's revenue as well as its various cost of production as shown below Revenue 18000, cost of labor, advertising and supplied - 3370. What is Madison’s economic profit?

Reference no: EM13687652

Questions Cloud

Does the internet make investors any more or less safe : Does the Internet make investors any more or less safe?

Analyze the marketing channel issues : Analyze the marketing channel issues that may arise when a product is bundled with a service.

Justify alternative dividend policies : Justify alternative dividend policies a company can employ and relate your discussion to Modigliani and Miller's irrelevance theory in one or two paragraphs.

Consider the issue of promoting competition : Consider the issue of promoting competition

What is madisons economic profit : Suppose madison has used 45,000 of her money to start a window washing company. Suppose that the money otherwise could have been invested elsewhere and earned as much as a 12 % annual rate of return. The window washing company's revenue as well as it..

Holding real money supply constant while raising real gdp : In deriving LM curves, holding the real money supply constant while raising real GDP causes us to

Nominal interest-compounded quarterly : Please you should give a cash flow diagram for 5 stars compute the effective annual interest rate in each of the following situations. 5.75% nominal interest, compounded quarterly

What personal characteristics are employers looking for : What personal characteristics are employers looking for in individuals whom they consider for long-term employment and probable advancement in the organization? To what extent can one develop these characteristics?

Manufacturers suggested retail price : A light duty pickup truck has a manufacturer's suggested retail price (MSRP) of $14,000 on its window. After haggling with the salesperson for several days, the prospective buyer is offered the following deal:

User Account

All Pages