Tommy's Teddy Bears Incurs $300,000 Per Year in Explicit Costs

question 47

Multiple Choice

Tommy's Teddy Bears incurs $300,000 per year in explicit costs and $50,000 in implicit costs.The shop earns $600,000 in revenues and has $1.1 million in net worth.Based on this information,what is economic profit for Tommy's Teddy Bears?

• A)$250,000
• B)$300,000
• C)$500,000
• D)$1.35 million

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Definitions:

Racial Purity

An ideology that advocates for the maintenance of a perceived genetic or cultural homogeneity within a race, often used to justify racist policies and practices.

Secure Boundaries

Secure Boundaries refer to clear, defined limits that protect individuals or groups from external harm or intrusion, contributing to a sense of safety and well-being.

Racist Past

Refers to historical periods or actions characterized by discrimination, prejudice, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

White Supremacist Views

Ideologies that hold white people to be superior to people of other racial backgrounds, often leading to discrimination and violent acts against those deemed inferior.