Answer:
300+3000+360+450+480+330+600+6600 =12120
12120 x 6000 ÷ 100 = 727 200
Explanation:
Add all expenses but leave out the 6,000 because it's Depreciation.
Answer:
Profit for holiday month is $4,000
Explanation:
Given:
Average sales in a typical month = $1,600
Fixed cost is $800 per month
Sales in festive month is 300% above average typical month sale. So, sales in festive month is $4,800 (1,600 × 300%). Fixed cost remains same irrespective of number of units sold.
Profit = Sales - Fixed cost
= 4,800 - 800
= $4,000
If profit in a typical month is $800 (1,600 - 800), retail store earns profit of $4,000 in a festive month.
Answer:
An enterprise resource planning (ERP) system is:
(a) A collection of integrated software for every functional area within an organization.
Explanation:
Answer:
Answer letter C.
Trade in service can provide traditional and new export opportunities
Answer:
a. Anywhere inside or on the production possibilities frontier.
Explanation:
In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.
The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.
On the 
the price for a supply 
with the demand for the product 
at that price, and thus all the products are sold.
It occurs anywhere on the production possibilities frontier or on the inside of the frontier.
Therefore, the correct option is (a).
