Answer:
TRUE
Explanation:
The gross profit is the difference betwenethe sales revenue and the cost of good sold/manufactured
for retail companys they determinate the cost using a given inventory method like FIFO LIFO or weighted average.
Manufacturing companies will subtract from the sales revenue the cost of good manufactured which can be determinated in various ways like process, order, absorption or ABC
Answer:
total expenditures equal total production.
Explanation:
In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production
Hence, the last option is correct
Answer:
The correct answer would be A, Onions.
Explanation:
Meat, vegetables, herbs, etc are simmered with water on a low to medium flame to make a broth. Broths are usually thin and after some time, due to simmering, it starts to get body. The nutrients in the meat or vegetables or herbs start to mix in the water and give it a delicious taste. But the broth is still thin and needs to be thickened. So in order to make the broth thick, we need to add onions into the broth. Now when it will cook on a slow flame, the broth will get a hearty body and all the nutrients of the broth will make an appetizing dish.
Answer:
latter, latter
Explanation:
Property rights system determine how economic resources are used and owned by individuals, associations, collectives, or governments.
It also includes intellectual property such as inventions or ideas.
Such rights reduce destructive competition for control of economic resources. and replace this competition by peaceful means.
In a system where people are allowed to keep one-third of the monetary rewards of their labor with a system in which they keep two-thirds, we should expect more entrepreneurship under the <u>latter</u> system and faster real economic growth under the <u>latter</u> system.
Answer:
Customer relationship management
Explanation:
Customer relationship management is a strategy used in most organisation in which official make plan to retain their customers. They analyse the data about the customer, their professional history, their gross profit, nature of business etc. These all process help to boost the growth of company to the next level.