Jada Left a Job That Paid $40,000 Per Year

question 73

Multiple Choice

Jada left a job that paid $40,000 per year. At the end of her first year in business, her revenues summed to $90,000, and her explicit costs were $50,000. Also, in order to fund her business startup, Jada cashed in a $20,000 certificate of deposit that was providing an annual yield of 5%. Ceteris paribus, Jada earns _____ profit.

• A) normal
• B) negative economic
• C) positive economic
• D) zero accounting

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Definitions:

Insulin

A substance secreted by the pancreas that controls levels of blood sugar by helping glucose absorption into the body's tissues.

Appetite

The desire to eat food, felt as hunger, which can be influenced by physiological, psychological, and environmental factors.

Taste Buds

sensory organs located on the tongue, responsible for the perception of taste, including sweet, sour, salty, bitter, and umami flavors.

Glucose Entry

The process by which glucose, a primary source of energy, enters cells to be utilized for metabolic processes.