The total cost for company x to produce a batch of tools is $10,000 plus $3 per tool. Each tool sells for $8. The gross profit earned from producing and selling these tools is the total income from sales minus the total production cost. If a batch of 20,000 tools is produced and sold, the company's gross profit per tool is
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A production possibility curve measures the maximum output of two goods using a fixed amount of input. The input is any combination of the four factors of production. ... Each point on the curve shows how much of each good will be produced when resources shift from making more of one good and less of the other.
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Explanation:
phorous is kept in water. (1)
3. Name two Metals that have atoms larger than those of Sodium.
(1)
4. Suggest why it might be difficult and dangerous to test sodium for el
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