You are considering quitting your job where you earn $3,200 per month and opening a new business. the cost of renting an office is $2,100 per month, hiring employees would cost $3,100 per month, and utilities would cost $100 per month. the new business will earn a total revenue of $6,500 per month. what is your economic profit?

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5