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Economics for Firms [pic 1]BUS 525 ECONOMICS OF THE FIRMGroup 5 Homework #1Submit to: Gonyung Park, Ph.D.By Group members:[pic 2][pic 3]Homework #1Q.1 (20 points) Sandra and Naomi are considering to open up a new business together. To do that, they have to give up their current jobs, in which Sandy is making $60,000/year and Naomi.
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Economic ProfitGreat New Business ModelsPh.D.By Group MembersPossible Annual Revenues