Refer to Scenario 7

question 2

Multiple Choice

Refer to Scenario 7.2 below to answer the question(s) that follow.
SCENARIO 7.2: You are the owner and only employee of a company that sets odds for sporting events. Last year you earned a total revenue of $100,000. Your costs for rent and supplies were $50,000. To start this business you invested an amount of your own capital that could pay you a return of $20,000 a year.
-Refer to Scenario 7.2. During the year your economic costs were

• A) $70,000.
• B) $60,000.
• C) $50,000.
• D) $20,000.

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Definitions:

Male Sex Workers (MSWs)

Men who engage in sexual activities in exchange for money or goods.

Obscenity Laws

Regulations that govern what is considered publicly offensive or unacceptable, particularly regarding sexual content.

American History

The study of the events, people, and societal changes that have shaped the United States from before its founding to the present day.

Female Prostitution

The act of engaging in sexual activities for payment primarily by women.