Answer:
The correct answer is B.
Explanation:
Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).
Net sales = $325,000
Cost of Sales = $240,500
Therefore we have;
$325,000 - $240,500
=$84,500
Gross profit ratio is (Gross profit/net sales) x 100%
($84,500 x $325,000) x 100%
26%
Answer:
C
Explanation:
Trade off can be expressed in terms of opportunity cost.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
Kyoko has limited time so she has to choose between three activities. If she chooses one sport, she would not be able to partake in the other activities. So, she is trading off biking or running for swimming.
Trade off occurs because resources are limited and wants are unlimited.
The best definitions of input, output and processing are as follows:
- Input refers to the resources that are used up in production to create further value, finished goods, or more input for further processing.
- Processing is the intervening activity that changes the input to output.
- Output is the product of processing input or resources. Output is typically the finished outcome from a processing activity.
<h3>What is the relationship between input, output, and processing?</h3>
Processing is at the center of input and output.
Processing involves changing, manipulating, or transforming input resources into output or finished products.
Thus, the definitions of input, output and processing are as given above.
Learn more about input, output, and processing at brainly.com/question/25250720
the price of summer cabins. as summer approaches, the equilibrium price of rental cabins increases, and the equilibrium quantity of cabins rented increases increase in demand.
When the price falls below the equilibrium price, the quantity demanded exceeds the quantity supplied, creating an excess demand (short supply) for the product. In other words, consumers want to buy more than producers are willing to sell. This mismatch between supply and demand drives up prices.
Price movements cause equilibrium movement along the supply curve. Such a movement is called a change in supply. Like changes in demand, changes in supply do not shift the supply curve. By definition, it is moved along the supply curve.
Learn more about equilibrium at
brainly.com/question/517289
#SPJ4
Answer:
the answer is a. because $150000 is already enough and if there are problems with the truck you can fix it with the money the truck makes so pick truck a.
