Refer to Scenario 7

question 224

Multiple Choice

Refer to Scenario 7.4 below to answer the question(s) that follow.
SCENARIO 7.4: You own and are the only employee of a company that sells custom embroidered pet sweaters.
Last year your total revenue was $120,000. Your costs for equipment, rent, and supplies were $30,000.
To start this business you invested an amount of your own capital that could pay you a $50,000 a year return.
-Refer to Scenario 7.4. Your economic profit last year was

• A) -$20,000.
• B) $40,000.
• C) $70,000.
• D) $90,000.

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Definitions:

HIV

A virus known as Human Immunodeficiency Virus targets the immune system, potentially resulting in Acquired Immunodeficiency Syndrome (AIDS) without proper treatment.

Abstinence

The act of refraining from all or some types of sexual activity or substance use, often for personal, religious, or health reasons.

Sexual Histories

Accounts or records of an individual's sexual experiences, behaviors, relationships, and health, often discussed in medical or therapeutic settings.

Contraception Responsibility

The accountability shared between partners to effectively prevent pregnancy and protect against sexually transmitted infections.