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navik [9.2K]
3 years ago
6

Mel operates a video game store. His records indicate that he had sales of $78,000. Customers returned $1,500 worth of video gam

es because of various defects. His cost of goods sold was $19,000. What is Mel's Schedule C gross income?A. $78,000B. $76,500C. $59,000D. $57,500
Business
1 answer:
Kamila [148]3 years ago
7 0

Answer:

D. $57,500

Explanation:

Gross income = sales - (goods returned + cost of goods sold) = $78,000 - ($1,500 + $19,000) = $78,000 - $20,500 = $57,500

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Answer:

0.2

Explanation:

Data provided in the question

Marginal propensity to consume (MPC) = 0.80

Based on the given information, the marginal propensity to save is

As we know that

Marginal propensity to consume (MPC) + Marginal propensity to save (MPS) = 1

where,

Marginal propensity to consume (MPC) is 0.8

So, the marginal propensity to save is

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3 years ago
In which order do the stages of the product life-cycle occur?
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Answer:

Depending on how many stages you like to go by here are the phases

<u>6 Stages:</u>

1. Development

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<u>4 Stages:</u>

1. Development/Introduction

2. Growth

3. Maturity

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Explanation:

Check the Attached Image!

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3 years ago
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The correct option is A. Intrasender role conflict

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6 0
4 years ago
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