please answer the questions that are at the bottom of the second picture.

1. Jayden is thinking about opening a cupcake store. She expects to sell 1000 cupcakes a month at $4.00 per cupcake. Her anticipated expenses are as follows: Rent: $1000/month Salaries to her employees: $800/month Ingredients: $400/month Jayden is currently working at Dona Ana Community College and is currently netting (after taxes) $2000/ month. Calculate her anticipated Total Revenue and show work. (2 points) Anticipated total revenue = Q P = 1000*4 = $4000 b. Calculate her Accounting profit and show work. (2 points) Accounting profit($) = Revenue - Explicit costs = Revenue - Rent - Salaries - Ingredients - 4,000 . 1,000 - 300 - 400 = 1,800 c. Calculate her Economic profit and show work. (2 points) Economic profit ($) Accounting profit - Implicit cost - Accounting profit - Salary given up 1,800 - 2,000 200 d. what other expenses did Jayden not anticipate for? (s points - one point for each expense you include up to 5 points total), d. What other expenses did Jayden not anticipate for? (5 points - one point for each expense you include up to 5 points total). unanticipated expenses would be: - Equipment and maintenance cost - Insurance cost Electricity, telephone, water and utilities - Packaging materials e. Would you advise Jayden to quit her job and open the cupcake store? Why or why not? Please write at least a full short paragraph for full credit. (5 points) The cupcake store business has positive accounting profit but negative economic profit, provided Jayden must not open the cupcake store. Jayden will have to give up his job at the College that pays his $2000 per month. This is a kind of implicit cost for Jaydens cupcake store. Besides the anticipated cost, there are various other unanticipated costs that Jayden has not included which are bound to increase his costs even more. Thus, it is beneficial for Jayden to not open up the cupcake store The first homework problem above provides you with some brief information about whether or not Jayden wants to start a cupcake store. 1.) What type of market structure would she find herself in? 2.) What type of research should she do before she opens her cupcake bakery? 3.) What are some things that Jayden can do to diversify her product and make it different from the competition