1. suppose that a small hair styling salon had revenues of $150,000 in a given year. the owner spent $10,000 on utilities, $60,000 on supplies (shampoo, conditioner, hair coloring and other chemicals, and $50,000 on equipment (mirrors, chairs, scissors, curling irons, including maintenance. the owner could have earned $50,000 working at another

This can be solve by solving first the net profit of the salon and compare it with money if he works at another salon.

Net profit = gross profit – expenses

Net profit = $150,000 – ($10,000 + $60,000 + $50,000)

Net profit = $30,000

$50,000 - $30,000 = $20,000

The owner could earn more if he work at the other salon

answer; i do believe that the correct answer is (c)///management,unions, lobbyists and

the earnings of a typical investor is around $1,000,000 to $10,000,000

hope this !

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