At May 1, 2022, Nash's Trading Post, LLC had beginning inventory consisting of 220 units with a unit cost of $5. During May, the company purchased inventory as follows:
▪ 440 units at $5
▪ 670 units at $6
The company sold 1110 units during the month for $11 per unit. Nash's Trading Post uses the average cost method.
Nash's Trading Post's gross profit for the month of May is .

The chart shows a production possibilities schedule for sabrina’s soccer. combination: soccer balls: soccer nets: a 10 0 b 8 1 c 6 2 d 4 3 e 2 4 f 0 5 which statement correctly explains the chart? a. the opportunity cost of producing one soccer net is eight soccer balls. b. the opportunity cost of producing two soccer nets is two soccer balls. c. the opportunity cost of producing two soccer balls is one soccer net. d. the opportunity cost of producing four soccer balls is three soccer nets.

The questions of economics address which of the following ? check all that apply

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive