Laura's Pizza Place Incurs $800,000 Per Year in Explicit Costs

question 48

Multiple Choice

Laura's Pizza Place incurs $800,000 per year in explicit costs and $100,000 in implicit costs.The restaurant earns $1.3 million in revenues.Based on this information,what is accounting profit for Laura's Pizza Place?

• A)$200,000
• B)$400,000
• C)$500,000
• D)$900,000

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Definitions:

Ladson-Billings

Refers to Gloria Ladson-Billings, an American pedagogical theorist and teacher educator known for her work on culturally relevant pedagogy.

Achievement Gap

The observed disparity in academic performance between groups of students, especially minority and non-minority students or those from socioeconomically disadvantaged backgrounds versus those from affluent backgrounds.

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Disciplinary Domain

A specific field of study or area of expertise within academia or a professional sector.