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Maryann and Don want to open their own deli.To do so, Maryann must give up her job, at which she earns $20, 000 per year, and Don must give up his part-time job, at which he earns $10, 000 per year.They must liquidate their money market fund, which earns $1, 000 interest annually.The rent on the building is $10, 000 per year, and expenses for such necessities as utilities, corned beef, and pickles are $35, 000 annually.What minimum amount of revenue per year would make it worthwhile, financially, for Maryann and Don to operate the deli?
American Consumption
Patterns and behaviors of expenditure on goods and services by households and individuals in the United States.
Steadily Rising Wages
A consistent increase in the amount of money earned by workers over a period of time.
Falling Prices
A situation in which the cost of goods and services decreases over time, which can result from factors like decreased demand or increased supply.
Mexican-American Identity
The cultural and national identity of Americans of Mexican descent, shaped by the history of Mexican-American relations and the blending of Mexican and American cultures.
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