The Econ4U Company Costs Quiz

On average, how much does a restaurant owner get for every $100 in sales?

$3
$5
$10
$45
Please select an answer.

If you spend $50 at the grocery store, how much of that money is profit for the store owner?

$0.75
$2.50
$7.50
$15.00
Please select an answer.

Which of the following makes up the smallest percentage of a typical restaurant’s sales?

Rent
Labor costs
Profit
Cost of food
Please select an answer.

Which of the following industries has the lowest profit per employee?

Healthcare and social services
Waste management
Restaurants and hotels
Truck transportation
Please select an answer.

If you take $20 out of an ATM machine that isn’t owned by your bank, how much do you typically pay in fees?

$0.40
$1.00
$2.00
$3.00
Please select an answer.

Which costs the most per gallon?

Gasoline
Bottled water
Milk
Beer
Please select an answer.

What is the average profit of the 20 largest companies in America?

7%
18%
28%
55%
Please select an answer.

If you buy a gallon of gas for $3.00, how much money does the gas station earn in profit?

$0.01
$0.10
$0.50
$1.00
Please select an answer.

In 2005 the average annual profit for a gas station/convenience store was $42,196. How much did the average station owner pay in credit-card fees?

$1,800
$5,700
$34,000
$45,800
Please select an answer.