Maddie Noticed That Many Students on Campus Had T-Shirts and Sweatshirts

question 99

Multiple Choice

Maddie noticed that many students on campus had t-shirts and sweatshirts with Greek organization letters or club names on them. Recognizing that there was a huge market for this attire, Maddie rented a store front and a silk screening machine to get into the t-shirt business. Maddie's rent is $1,000 a month, including utilities. The silk screen machine leases for $300 a month. Maddie can buy blank t-shirts for $4 each and sweatshirts for $10 each. Maddie calculated the cost of materials for the silk screening at $2 per unit. If Maddie sells a screened t-shirt for $20 and a sweatshirt for $25 each, which would she prefer the customer purchase?

• A) T-shirt because the contribution margin is higher
• B) Sweatshirt because the cost of production is lower
• C) Sweatshirt because the selling price is higher
• D) T-shirt because the cost of production is lower

Comprehend the importance of self-concept and strategies for maintaining healthy psychological development.

Recognize the impact of life transitions on personal development and well-being.

Explain the significance of reproductive health knowledge in understanding developmental stages.

Understand the factors influencing decision-making and identity status during adolescence.

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Definitions:

Fundraising Methods

Various strategies and approaches used by organizations, especially nonprofits, to collect financial support from donors and the public.

Hybrid Organizations

Entities that combine characteristics of both non-profit and for-profit organizations, often pursuing social goals with business methods.

Legal Forms

The various structures available for setting up a business or organization, such as sole proprietorship, partnership, corporation, and LLC, each with its own legal implications.

Government Funds

Financial resources provided by government agencies to organizations, including nonprofits, often for specific programs or projects.