Profit, Revenue, and Total Cost
Think about an artist who owns her own business. Match each term with the example from her business that best fits
that term.
Revenue
What the artist receives when a
customer buys a painting
Profit
What the artist pays for supplies and
rent on her art studio
Total cost
What the artist keeps after selling a
painting and paying her costs
000
2
Answer:
Profit = what the artist keeps after selling a painting and paying her costs.
revenue = what the artist receives when a customer buys a painting.
Total cost = what the artist pays for supplies and rent on her art studio.
In this situation, Profit would indicate to what the artist keeps after selling a painting and paying her costs. Revenue would indicate to what the artist receives when a customer buys a painting and Total cost would indicate to what the artist pays for supplies and rent on her art studio.
What is Revenue?The entire amount of money received by an organization's operations over a predetermined period of time is the basic definition of revenue.
Revenue for a business is its gross income before deducting any costs. Revenue is the financial gain from sales and/or provided services and is defined by profits and total earnings.
Revenue is reported on the income statement rather than the balance sheet alongside other assets for accounting purposes. Revenue is used to finance the acquisition of new assets, settle debt, and provide dividends to stockholders. Thus, revenue in and of itself is not an asset.
Revenue is more than just a lifeline, it may also help one gain important business information. One must grow one's revenue if they want to boost their company's earnings. One may boost his profitability by monitoring his revenue and concentrating on increasing it.
To learn more about revenue here:
https://brainly.com/question/8645356
#SPJ2
Define the key issues of prejudice and discrimination and explain how they impact on people with mental health needs.
Which of the following best explains why the game of economics does not
have a single goal?
Answer:
because everyone has a different goal when it comes to economics and it is a political issue
Explanation:
Identify a group or social institution that influenced your behavior. Share how the group or social institution influenced you.
Answer:
cheerleading
Explanation:
it made me more active and energetic
unethical public leadership examples
Answer:
Unethical leader behaviors such as falsifying information, promoting their own self-serving personal vision; censure opposing views; demand their own decisions be accepted without question; engage in one-way communication; show insensitivity to followers' needs; and rely on convenient external moral standards to .
During the Middle Ages, Jews
a.
were discriminated against throughout Europe.
b.
controlled territory in much of Europe.
c.
had a strong alliance with Muslims.
d.
began several important universities.
Please select the best answer from the choices provided
c. had a strong alliance with Muslims
Answer:
b
Explanation:
i am muslim i should know
Which conclusion can be drawn from this newspaper advertisement?
The conclusion that can be drawn from this newspaper advertisement is that the Slave owners believed that their slaves were property. Therefore, the second option is the correct choice.
What became the reason for slave advertisements?Slave proprietors place commercials in newspapers providing rewards for the seizure and return of folks that defiantly get away from enslavement.
Ads incorporate names and outlines of escapees, inclusive of bodily and exceptional features, literacy level, specialized skills, and wherein an escapee is probably headed and why.
Therefore, The conclusion that can be drawn from this newspaper advertisement is that the Slave owners believed that their slaves were property. Therefore, the second option is the correct choice.
learn more about slave advertisements here:
https://brainly.com/question/567921
#SPJ1
It is important to be good than to be great "Explain the meaning of this statement in a paragraph.
Answer:
This means it is better to have a good mind towards things even if u have not achieved something big in life than to be great in life and not to be good at all
Differentiate monopoly quantity from efficient quantity
Monopoly quantity produces too little output at too high a cost but efficient quantity is where the demand equals the marginal cost.
What is a monopoly?A monopoly refers to the dominant position of an industry or a sector by one company.
The efficient quantity of output is where the demand highly equals the marginal cost whereas monopoly quantity produces too little output at too high a cost.
Learn more about Monopoly here:
https://brainly.com/question/5992626
#SPJ2
A bright light shines into Aubree's eyes. Which organ system will the nervous system alert in order to allow less light into her eyes?
circulatory
immune
musculoskeletal
respiratory
The nervous system alert in order to shrink of eye is musculoskeletal system.
What is musculoskeletal system?The musculoskeletal system is an essential component of human health. The musculoskeletal system provides form, stability, and movement to the human body.
In addition to providing the body with structure and the means for movement, the musculoskeletal system acts as an endocrine system, stimulated by exercise, interacting through biochemical signaling with other organs in the body.
Learn more about musculoskeletal system here,
https://brainly.com/question/2952854
#SPJ1
Which of the following will cause you to use more data than usual on your smart phone plan each month
The answer choice that would lead to increased data usage would be to a. make a large number of outbound calls
What is a Phone Call?This refers to the medium of communication where a person links up with another person in a different location through the aid of GSM or the Global System of Mobile Telecommunications.
Hence, we can see that from the complete question, there are answer choices and the best fit is option A, even though the others lead to high costs, but outbound calls, have a higher cost.
Read more about telephone plan here:
https://brainly.com/question/1476828
#SPJ1
Which statement is true about education or training beyond high school?
Employers do not offer it so workers must pay for any program themselves.
For most people it is out of reach as there is little help available for funding.
It is associated with higher salaries and total earnings over a person's lifetime.
There is no evidence that it affects a person's job satisfaction or earning potential.
The statement that is true about education or training beyond high school is that B. It is associated with higher salaries and total earnings over a person's lifetime.
What is education?It should be noted that education simply means the imparting of knowledge or skills regarding a particular subject area.
In this case, education has a positive impact on the earnings of an individual in the future.
Learn more about education on:
brainly.com/question/14591988
#SPJ1
Which of the following is a natural barrier to the entry of firms in an industry?
A. Issuing of patients
B. A public franchise
C. License
D. Economies of scale
Answer:
D
Explanation:
The correct answer to this question is D
Economies of scale are the natural barriers of entry achieved by firms when it produces...
Answer:
D
Explanation:
Economies of scale are the natural barriers of entry achieved by firms when it produces something.
How do you define human event
When considering local issues, which point of view is best?
Both human needs and environmental protection should be considered.
Human needs must always come before environmental protection.
Either human needs or environmental protection should be considered, depending upon the situation.
Environmental protection must always come before human needs.
What does the acronym M.A.I.N stand for?
Answer: militarism, alliances, imperialism and nationalismThe M-A-I-N acronym is often used to analyse the war – militarism, alliances, imperialism and nationalism.
Hope this helps
Discuss relevance of analyzing social social problem Social work field.
Answer:
A social problem is an issue within the society that makes it difficult for people to achieve their full potential. Poverty, unemployment, unequal opportunity, racism, and malnutrition are examples of social problems. So are substandard housing, employment discrimination, and child abuse and neglect.
Question 3
10 pts
1. Discuss the importance of learning about bereavement patterns in other cultures. Describe some of
the manifest and latent functions of burial rites. (10 points)
The importance of learning about bereavement patterns in other cultures is that it helps to provide information on the ways that the different culture approach death.
The importance of learning about bereavement patternsIt helps one to understand the practices of other cultures.It helps to establish the funeral practices of people.It also opens ones understanding to the way that people view death.Some of the rules of burial rites would be
How to mourn for the bereavedThe ways to bury the dead.Read more on culture here:
https://brainly.com/question/25010777
#SPJ1
The price of a gallon of almond milk increases from $5 to $10, so people start buying more oat milk as an alternative. This causes a shift to the left in the demand for almond milk. Demand for almond milk ____________ because of a change in ___________.
A. Increased; tastes and preferences
B. Increased; number of buyers
C. Decreased ; related goods
D. Decreased; income
The demand for almond milk decreased because of a change in income.
What is a demand?It means the quantity of a good that consumers are willing to buy at particular prices during a given period of time.
Here, as the price of a gallon of almond milk increases, the demand for almond milk decreased because of a change in income.
Therefore, the Option C is correct.
Read more about demand
brainly.com/question/4371942
#SPJ1
Answer: Decreased; income
Explanation:
ways in which community Can help in Shaping one's personalities
Answer: The community has a big influence in shaping one's community because you are a person living in that said community. The culture, trends, practices, and such will affect your habits, decisions, and choices because the community is a big impact on your life.
3. Describe the impact of scarcity on economic decision making. What happens
when products and resources become less available? How might this affect the
incentives or trade-offs involved in a person's economic decision making? (4 points)
Answer:
Death.
Crime tendency
Poor development.
Starvation.
Analyze how limitations to the right to freedom of expression of the media may assist in promoting public safety
what would you do if your mother tells you that you to look after the house?
Answer:
well then you would look after the house
Explanation:
first what ever you do don't brake anything second Keep the house clean don't make any messes third it is always good to lock the doors just to be safe fourth if there was any messes before she left maybe help and to a little more and clean that to
Hope This Helped
each statement, determine if it is a characteristic of a lease or a purchas
Mileage is limited.
Buying a vehicle
There are no mileage restrictions.
Payments are smaller.
The car is returned after the contract.
You can sell the car at any time.
Payments are generally higher.
Leasing a vehicle
Payment are generally higher in lease purchase
What is lease purchase?Lease purchase allows individual to pay in bit until the full payment of an item is made.
After the payment the individual is entitled to carry or take the property.
It is done based on agreement between the seller and the individual who wants to purchase. The individual pays more because of the time of payment.
Therefore, Payment are generally higher in lease purchase
Learn more on lease payment here,
https://brainly.com/question/17162872
#SPJ1
Select all the correct answers.
What was a result of the Brown v. Board of Education ruling?
20 POINTSIt encouraged many African American students to enroll in all-White schools in the South.
It convinced individuals that integration was too dangerous for African Americans.
It changed the majority of individuals’ perspectives on desegregation in schools.
It showed that racial separation continued even after segregation was outlawed.
It displayed that the Board of Education had more influence over the ruling.
The graph shows a recent budget for the state of washington 
Based on the budget for the state of Washington, the source of government revenue is sales and property taxes.
Where does the Washington state government get revenue?As a state government, the Washington state government relies on taxes for its revenue.
The budget shows however, that most of the taxes are from the sales of goods and services in the state, and properties that are in the state.
Question:
Washington’s state government collects (blank) taxes to generate revenue.
Find out more on sources of government revenue at https://brainly.com/question/8119190.
#SPJ1
What position does DR Martin Luther king jr hold in his speech I have a dream
Dr. Martin Luther King Jr., as position of Baptist minister Dr. Martin Luther King Jr. gave a speech as an "I Have a Dream."
What is Speech?
A speech is an oral presentation made to a live audience. Speech purpose: to persuade a big audience of her point of view.
“I Have a Dream” This speech was a motive to deliver civil rights moments, economic rights, and an end to racism in the United States. Martin Luther King Jr. gave an important speech on August 28, 1963, in American history.
As a result, Martin Luther King Jr. as position on Baptist minister.
Learn more about on I Have a Dream, here:
https://brainly.com/question/27203528
#SPJ1
4. The monopoly is one of the basic types of market structures. What are its defining
characteristics? Why would a seller want to create a monopoly, and why are
monopolies generally considered harmful to an economy? (4 points)
I
The reason why monopoly is harmful is that it includes disadvantages such as price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
What is the meaning of Monopoly?A monopoly is defined as the dominance of an industry or sector by one company, to the point of excluding all other valid competitors.
A seller is interested to create a monopoly in the market because they can have a dominant position and enjoy the powers of the monopoly. This results in power remaining in the hand of the dominant marketer.
Therefore, this is the reason monopoly is harmful to an economy.
Learn more about monopoly here:
https://brainly.com/question/13113415
#SPJ1
What is foreign employment?
The Magna Carta...
A) Created taxes
B) Divided England
C) Declared war on France
D) Limited the king's power
Answer:
D) Limited the king's power
Explanation:
hope it helps