Refer to Scenario 9

question 282

Multiple Choice

Refer to Scenario 9.1 below to answer the question(s) that follow.
SCENARIO 9.1: Amy borrowed $20,000 from her parents to open a bagel shop. She pays her parents a 5% yearly return on the money they lent her. Her other yearly fixed costs equal $9,000. Her variable costs equal $30,000. In her first year, Amy sold 40,000 dozen at a price of $1.50 per dozen.
-Refer to Scenario 9.1. Amy's profit is

• A) $0.
• B) $20,000.
• C) $30,000.
• D) $50,000.

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Definitions:

Formal Social Control

Methods of social control that are implemented by official organizations to ensure conformity, including laws, police, and judicial systems.

Glaring

Typically refers to shining with a harsh, bright light, but in a social context, it can mean something that is very obvious or conspicuous, especially in terms of social issues or discrepancies.

Classical Criminology

An approach in criminological thought that emphasizes rationality and free will, suggesting that individuals choose to commit crimes after weighing the potential benefits and consequences.

Potential Penalties

Possible sanctions or consequences that one may face as a result of violating laws or rules.