Scenario 13-9 Ellie Has Been Working for an Engineering Firm and Earning

question 487

Multiple Choice

Scenario 13-9
Ellie has been working for an engineering firm and earning an annual salary of $80,000. She decides to open her own engineering business. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Ellie will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500.
-Refer to Scenario 13-9. Ellie's annual implicit costs will equal

• A)$55,200.
• B)$75,200.
• C)$80,500.
• D)$165,700.

Analyze the strategies of containment and deterrence as proposed by the United States in the early Cold War period.

Evaluate the impact of the Marshall Plan on European recovery and political stability.

Recognize the significance of key events and decisions in escalating the Cold War, such as the Truman Doctrine, the Berlin Blockade, and the establishment of NATO.

Explain the role of nuclear weaponry in Cold War diplomacy and the arms race.

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Definitions:

Educational Background

The formal schooling or training a person has received, often listed on resumes or CVs.

Comprehend

The ability to understand, grasp the meaning of, or mentally grasp something.

Competing Messages

Multiple messages vying for the attention of an audience, often leading to information overload or confusion.

Actual Message

The real or intended content of a communication, as opposed to the perceived message or the way it is delivered.