有关经济学的一道问题，英文的
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a.€300
1) If give up now - lose €1000
2) If complete the stand with another €300, you'll lose only €500+cost of running the hotdog stand (€1000+€300 - €800). If you can increase the sales, the lost will be less but it may cost for advertising. So, stick to the €300 extra cost and hope for the best. Worst case: No sales, lose $1300 plus cost of running the stand (like buying the hotdog and employing someone...)
Fun of running a business!
1) If give up now - lose €1000
2) If complete the stand with another €300, you'll lose only €500+cost of running the hotdog stand (€1000+€300 - €800). If you can increase the sales, the lost will be less but it may cost for advertising. So, stick to the €300 extra cost and hope for the best. Worst case: No sales, lose $1300 plus cost of running the stand (like buying the hotdog and employing someone...)
Fun of running a business!
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