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kiruha [24]
3 years ago
11

What is a profit?

Business
2 answers:
Shalnov [3]3 years ago
8 0

Answer:

Profit is the amount of money gained by someone or a business after the total costs are taken away from the revenue

profit = total revenue - total costs

it is the surplus left from revenue after taking away all costs

zloy xaker [14]3 years ago
7 0

Profit is financial gain, but it is also usually the total amount earned or collected through self input, it could be referred to the total income, and it is also linked to the rate of income.

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When price increases, quantity supplied
CaHeK987 [17]

Answer:

Why does quantity supplied increase when price increases? With increase in Price, Suppliers will provide a higher Quantity. If the Price is set above the Equilibrium Price, then the Quantity Supplied will be higher than the Quantity Demanded and there will be a surplus which will drive the Price back to the Equilibrium Price.

Explanation:

6 0
2 years ago
Which of the following statements is NOT true about lockout/tagout?
dlinn [17]
<span>Which of the following statements is NOT true about lockout/tagout?
D. Lockout/Tagout is to be used only in extreme cases of potential electrical hazard 
D is not true because you would use a lockout/tagout when applying electricity in a way that could be dangerous. Due to being able to use it whenever it could be dangerous, it is used more than just in extreme cases. 
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3 0
3 years ago
A CEedit card's Minimum monthly payment refers to
dangina [55]

Answer:

B. the minimum amount a borrower must pay back each month.

Explanation:

A credit card is the credit facility that the credit card company issues to the credit cardholder. The credit card facilities allow the cardholder to make payments for goods and services on credit up to a set limit.  Sine credit card is a debt; the credit card company issues a statement at the end of every month to claim payments from the cardholder.

The credit card statement contains the outstanding statement balance and the minimum monthly payment. The customer is advised to clear all the outstanding balance to avoid interest fees. However, if the customer cannot settle the entire balance, they must pay the minimum balance. Failure to pay the minimum balance is defaulting on the credit card and comes with heavy penalties.

6 0
3 years ago
Read 2 more answers
The concept by which pay is distributed based on work produced rather than hours worked was called _______________.
Andrei [34K]
The concept by which pay is distributed based on work produced rather than hours worked was called piece work. <span>Piece </span>work<span>, or output </span>work<span> as it is sometimes </span>called<span>, is </span>the concept<span> that workers are </span>paid<span> for </span>work produced rather than<span> the number of </span>hours worked<span>. Hope this answers the question. Have a nice day.</span>
7 0
4 years ago
A local hamburger shop sold a combined total of 601 hamburgers and cheeseburgers on monday. there were 51 more cheeseburgers sol
kaheart [24]
Let number of hamburgers be N, and number of cheese burgers be (N + 51).

The total sold: N + (N + 51) = 601
=> 2N + 51 = 601
=> (2N + 51) - 51 = 601 - 51
=> 2N = 550
Divide through by 2:
=> N = 275

There were 275 hamburgers sold on Monday.
4 0
4 years ago
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