Answer: ambiguous
Explanation:
The profit will be calculated by subtracting the total cost from the total revenue. i.e. Profit = Total revenue - Total cost.
To know the value of the economic profit, the price is required but based on the information given in the question, the price was not given as we were given only the cost. There, in this case, the answer will be "ambiguous" as we do not have all the information required to solve the question.
 
        
             
        
        
        
Answer:
1. The labor force = 65 (68 - 3)
2. The working age population = 79 (105 - 26)
3. The number of employed workers = 38 (25 + 13)
4. The number of unemployed workers = 3 (11 - 8)
Explanation:
a) Data and Calculations:
Population in houses visited = 105
Number of children =                 26
Number of adults =                    79 (105 - 26)
Workers with:
Full-time jobs = 25
Part-time jobs = 13        38
Number of retirees =    10
Full-time homemakers   5
Full-time students, +16  12    65
Disabled people =          3  = 68
Unemployed = 11 (79 - 68)
 
        
             
        
        
        
Answer:
Shortage
Explanation:
Then it is a situation of shortage because when there is more demand but supply is less then the difference between the demand and supply is called the shortage. Thus, excess demand over supply creates the shortage in the market.
 
        
             
        
        
        
Answer:
revenue streams, cost structure, and financing/funding
Explanation: