Answers 26-27 Ignite Economics-KY-Economics Investing and Financial Markets — Unit testQuestion 9

9

QuizMultiple Choice

Investing and Financial Markets — Unit test

Question 9 of 15 • 26-27 Ignite Economics-KY-Economics

Siva invests $100 into supplies to make cookies to sell. Each box of cookies costs $5. At what point has he hit the rate of return?

Answer

A

when he has made $100

B

when he makes a large profit

C

the moment he sells a box for $5

D

immediately upon buying the supplies

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