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19-10-2016
Social Studies

contestada

Richard is excited to start his trucking business. After taking out a loan, he decides to buy 10 used trucks and to hire drivers who live in his small town, which is 100 miles from the nearest big city.

What potential economic consequences has Richard not taken into consideration while making his decision?

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Аноним Аноним

19-10-2016

The potential economic consequences he has not taken into consideration would be how he's gonna pay him and how they are gonna pay for gas.

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Аноним Аноним

27-11-2018

Richard needs to consider these points:

•If the town is 100 miles from the nearest big city, are enough goods that need to be trucked being produced in the area?

•Used trucks may incur expenses in the form of maintenance and repairs. Will the business have enough revenue to support these costs?

•How much money will need to be invested in fuel for the trucks?

•Will he find enough drivers with sufficient skills to drive trucks in his small town?

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