Fits Like A Glove Shoes, Inc., and Retail Footwear Stores enter into a contract for a sale of shoes. The contract indicates that
1 answer:
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Answer:
(attached graph)
The increase in the ticket price makes the budget line slope to decrease. There will be less ticket available for Alphonso.
The increase in the bus tickets makes the opportunity cost of the hamburger to decrease as now, consuming an hamburger will make Alphonso renounce to a lesser amount of bus tickets. As the the opportunity cost is the goods or services we don't consume in favor for those we do.
Explanation:
Answer:
60%
Explanation:
To calculate the percentage assigned to cost of goods sold , we should use the formula:
= 60%
Therefore, the percentage assigned to Cost of goods sold is 60%