Scenario 13-8 Ellie Has Been Working for an Engineering Firm and Earning

question 227

Multiple Choice

Scenario 13-8
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 13-8.Ellie's annual implicit costs will equal

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

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Definitions:

Neurotransmitters

Chemicals found in the nervous system that transmit signals across a synapse from one neuron to another, influencing physical and psychological functions.

Synapse

A junction where information is transmitted from one neuron to the next in the nervous system.

Receptors

Specialized cells or structures in the body that respond to specific chemical, physical, or environmental stimuli.

Postsynaptic Dendrite

The part of a neuron that receives signals from other neurons at the synapse.