Maryann and Don Want to Open Their Own Deli

question 34

Multiple Choice

Maryann and Don want to open their own deli.To do so,Maryann must give up her job,where she earns $20,000 per year,and Don must give up his part-time job,where he earns $10,000 per year.They must liquidate their money market fund,which earns $1,000 interest annually.The rent on the building is $10,000 per year,and the expenses of such necessities as utilities,corned beef,and pickles are $35,000 annually.The minimum amount of revenue per year that would make it worthwhile,financially,for Maryann and Don to run the deli is _____

• A)$10,000.
• B)$35,000.
• C)$45,000.
• D)$31,000.
• E)$76,000.

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Definitions:

IQ

Intelligence quotient, a measure of a person's intellectual abilities in relation to the average performance of individuals in a given age group.

Culture Bias

The tendency to interpret or judge phenomena based on one's own cultural norms and values.

Standardized Intelligence Test

An assessment tool designed to measure a person's intellectual capabilities in comparison to a statistical norm.

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Professionals who specialize in designing and developing assessment tools that measure skills, knowledge, abilities, or personality traits.