Suppose you have $10,000 to invest. You have two options: (1) invest in a new business or (2) invest elsewhere. If you invest elsewhere, which of these two rates of return do you think you could most likely earn: (1) 4%/year or (2) 8%/year? You have two options for your time: (1) work 40 hours in your business or (2) work elsewhere. If you work elsewhere, which of these two wage rates more nearly represents what you think you could earn: (1) $8/hour or (2) $12 per hour? Choose a fast-food business: (1) chicken or (2) pizza. Which business type did you choose? Chicken or Pizza Copy and paste these questions into a text box, answer them, and click "submit." PLEASE HELP What is the name of your business? ____________________ Which technology did you choose? A or B A. How much profit/loss per hour would you have if the price per meal was $15 (@ 10 meals/hour)? ____ B. How much profit/loss per hour would you have if the price per meal was $10 (@10 meals/hour)? ____ If the price was $10, should you shut down? Circle One: Yes No Scenario #1: If you sell 10 meals per hour at $17.50 each, what would your profit or loss be? ______ Scenario #2: If wage rates increase to $10/HR, what would your profit or loss be? ______ Do you want to change technologies? (1) No (2) Yes, to A (3) Yes, to B Scenario #3: The cost of ingredients drops by $5/HR. What is your profit or loss now? ______