Refer to Scenario 7

question 86

Multiple Choice

Refer to Scenario 7.1 below to answer the question(s) that follow.
SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year.
-Refer to Scenario 7.1. Your economic profit last year was

• A) -$40,000.
• B) -$10,000.
• C) $10,000.
• D) $30,000.

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Definitions:

Stand-alone Presentations

Presentations designed to be understood and impactful without the need for additional context or support.

Web Delivery

The process of delivering content or services over the internet to users or customers.

Concluding Techniques

Strategies or methods used to provide a persuasive or impactful closure to a piece of writing, speech, or presentation.

Summarizing

The process of condensing a larger piece of text into a brief summary that captures only the main points.