Between 1812 and 1857, seven editions of their tales appeared, each one different from the last, until the final, best-known version barely resembled the first. Given that the first edition has recently been honored in bicentenary celebrations throughout the world, it is perhaps a good time to reexamine what we think we know about the original tales of the Brothers Grimm.
The Cambridge's gross profit from this sale was $ 60,000.
<h3>
What is gross profit?</h3>
Gross profit is the amount a business makes after deducting the expenses associated with manufacturing and marketing its products or providing its services. Gross profit, which appears on an organization's income statement, can be calculated by subtracting the cost of goods sold (COGS) from revenue. An organization's income statement will contain numbers. Other of names for the gross profit include sales profit and gross income. Generally speaking, fixed costs are not included in gross profit (that is, costs that must be paid regardless of the level of output). Rent, advertising, insurance, salaries for staff not involved in the production directly, and office supplies are some examples of fixed costs.
To learn more about gross profit, visit:
brainly.com/question/14988657
#SPJ4
(b)
Equilibrium output will be greater than the efficient output
- Equilibrium output is the point where national income is equal to planned aggregate expenditure.
- Equilibrium output occurs where AD (Aggregate Demand)= AS (Aggregate supply)
- Equilibrium - It is that type of state where market demand and market supply are balanced.
- Disequilibrium- It is the opposite of equilibrium or when is not in the state of equilibrium position it is automatically considered as disequilibrium.
- Different types of equilibrium are as follows-
- Economic equilibrium
- Competitive equilibrium
- General equilibrium
- Underemployment equilibrium
- Lindahl equilibrium
- Intertemporal equilibrium
- Nash equilibrium
Learn more about this here-
brainly.com/question/14297698
#SPJ4
<h2>Cost:</h2>
Costs are the expenses incurred by a company or an individual in<u> order to</u> produce goods and deliver services or buy products.
<h3>The computation:</h3>
× 

Therefore, the birthday party will cost $97.5 if 15 guests are<u> invited.</u>
<u />
For more information regarding the sums, refer below:
brainly.com/question/14107176