Suppose Gina Gives Up a Job Paying $30,000 a Year

Multiple Choice

Suppose Gina gives up a job paying $30,000 a year so that she can start her own pizza business. She takes $100,000 from her savings account (which paid a 6 percent rate of interest) to pay for equipment, materials and labor, and after one year her total revenue is $70,000. Gina's profit-related income is

A) $70,000
B) $40,000
C) $34,000
D) $30,000
E) $6,000