Produces sports socks. the company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package. each package sells for $ 1.80$1.80. read the requirement 1. compute the contribution margin per package and the contribution margin ratio. begin by identifying the formula to compute the contribution margin per package. then compute the contribution margin per package. (enter the amount to the nearest cent.) fixed costs – operating income = contribution margin per unit

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.