8
QuizMultiple Choice

The Role of Entrepreneurs

Question 8 • FL-2106020-M/J Civics Advanced B

Mariana invented an exciting new device to help visually impaired people read. The cost of bringing this device to the marketplace was $200,000 in land (natural resources), $400,000 in capital (money, buildings, equipment), and $200,000 in labor (employees). In the company’s first year, Mariana sold $2 million worth of the devices.

Answer
A
$800,000
B
$1,200,000
C
$2,000,000
D
$2,800,000

Explanation

Add the costs of the resources used: $200,000 for land + $400,000 for capital + $200,000 for labor = $800,000. Subtract that total cost from the $2,000,000 in sales: $2,000,000 − $800,000 = $1,200,000. The correct choice is $1,200,000.

AI-written and checked against the verified answer.

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