Refer to Scenario 9

question 177

Multiple Choice

Refer to Scenario 9.8 below to answer the question(s) that follow.
SCENARIO 9.8: Investors put up $1,040,000 to construct a building and purchase all equipment for a new gourmet cupcake bakery. The investors expect to earn a minimum return of 10 per cent on their investment. The bakery is open 52 weeks per year and sells 900 cupcakes per week. The fixed costs are spread over the 52 weeks (i.e. prorated weekly) . Included in the fixed costs is the 10% return to the investors and $2,000 in other fixed costs. Variable costs include $2,000 in weekly wages, and $600 per week in materials, electricity, etc. The bakery charges $8 on average per cupcake.
-Refer to Scenario 9.8. Economic profit per week is

Definitions:

Physical Sex

The biological and anatomical characteristics that define male and female organisms, including reproductive organs and genetic makeup.

Transgender Children

Children whose gender identity differs from the sex they were assigned at birth.

Gender Schematic

A cognitive framework that organizes information based on gender-related associations, influencing how individuals process and interact with their environment.

Androgynous

Describes someone who does not fit neatly into the conventional distinctions of male or female gender roles, but instead exhibits or feels a balance of both.