A New Firm Loses $1,600 in Its First Month, but Its

question 37

Multiple Choice

A new firm loses $1,600 in its first month, but its profit increases by $400 in each succeeding month for the rest of its first year. What is its profit in the twelfth month? ​

• A)$6,800
• B)$2,800
• C)$3,200
• D)$6,000
• E)$4,400

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Definitions:

Foster Homes

Residential settings where children are placed under the care of a foster family by legal arrangement, typically as a temporary or long-term care solution for children unable to live with their biological families.

Sense of Belonging

A feeling of being accepted and included within a group, community, or environment, contributing to one's emotional well-being and identity.

Determinant of Health

A factor that influences an individual's physical, social, and mental health and well-being.

Met Safety Needs

Refers to the fulfillment of the second level of Maslow's hierarchy of needs, which includes security and protection from physical and emotional harm.