Answer:
total revenue for the month = $18000
Explanation:
given data
makes quilting kits priced = $120 each
materials each kit total = $45
labor to assemble a kit = $5
rent and insurance = $1,000
heat and electricity = $200
advertising = $500
monthly salary = $4,500
sold = 150 kits
to find out
total revenue for the month
solution
we get here total revenue for a company that will be here product of the price
and it charge for product and no of product it sell so It is nothing to do with cost
so now the total revenue for the month will be
total revenue = sold × makes quilting kits priced
total revenue = 150 × $120
total revenue for the month = $18000
<span>This is known as the law of demand. As price of a product rises, the quantity demanded decreases. Conversely, if the price of a good or service decreases, then the quantity demanded will rise. When producers raise prices of their goods or services, consumers may find other products, called substitute goods to use in place of the normal goods.</span>
Well the Nigerian scam is a bunch of scams the most used one is the one that he's a Nigerian price and to send him 100000$ and he will make you rich hope this helps
Opportunity cost is what must be given up in order to gain something else. Opportunity cost forces consumers and producers to make choices.
Opportunity cost is defined as what is given up in order to receive something else. There is always something that will be lost when you make a decision to do something else, that's the nature of decision making. Although it's hard, decision making is important and all options should be weighed out evenly.