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# Tutor profile: Mike R.

Inactive
Mike R.
Student-Athlete at The College of William and Mary
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## Questions

### Subject:Study Skills

TutorMe
Question:

Are you effectively managing your time for schools and extracurriculars?

Inactive
Mike R.

As a Division 1 College Student-Athlete, I have learned to effectively manage my time in order to progress both in the classroom and in my sport.

### Subject:Basic Math

TutorMe
Question:

Which numbers below are prime numbers? 2 3 4 5 6 7 8 9 10

Inactive
Mike R.

The prime numbers are 2, 3, 5, and 7

### Subject:Microeconomics

TutorMe
Question:

Up until this month, Michael worked as a Tennis Coach earning 40,000 annually. He then inherited a piece of real estate that had been renting for 20,000 annually. Michael decided to quit his tennis coaching job and run a Thai restaurant in the space he inherited. At the end of the first year, his books showed total revenues of \$300,000 and total costs of \$190,000 for food, utilities, cooks, and other supplies. What is his economic profit after one year? A) \$300,000 B) \$40,000 C) \$0 D) \$50,000

Inactive
Mike R.

The answer is D) \$50,000. You add up the opportunity cost of \$40,000 that Michael had been working as a tennis coach to the \$20,000 the real estate had been renting for. You add up that sum to the total costs of \$190,000 which equals to \$250,000. Subtract \$250,000 from his total revenues of \$300,000 which leaves you with \$50,000.

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