Question5. Jeremy operates a driving school. Last year, he earned . He spent on business expenses. a) What was Jeremy's net income? b) A hybrid car would run on electricity as well as gasoline. How could using a hybrid car increase Jeremy's profit? c) Do you agree that buying a hybrid car would help Jeremy's profit? Explain. d) What are some other ways that a driving school could increase its profit?
Studdy Solution
Suggest other ways to increase profit for a driving school, such as:
- Increasing the number of students.
- Offering additional services or packages.
- Reducing other operational costs.
- Implementing marketing strategies to attract more customers.
The solution to part (a) is:
For parts (b), (c), and (d), consider the analysis and suggestions provided.
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