The Following Tables Give Annual Production Costs and Profits at Gauss

question 133

Multiple Choice

The following tables give annual production costs and profits at Gauss Jordan Sneakers.
$$\begin{array}{l}\begin{array} { | l | l | l | l | } \hline \text { Production costs } & \mathbf { 2 0 0 1 } & \mathbf { 2 0 0 2 } & \mathbf { 2 0 0 3 } \\\hline \text { Gauss Grip } & \$ 1,100 & \$ 2,700 & \$ 3,500 \\\hline \text { Air Gauss } & \$ 1,000 & \$ 1,800 & \$ 2,900 \\\hline \text { Gauss Gel } & \$ 1,900 & \$ 2,800 & \$ 1,200 \\\hline\end{array}\\\\\begin{array} { | l | l | l | l | } \hline \text { Profits } & \mathbf { 2 0 0 1 } & \mathbf { 2 0 0 2 } & \mathbf { 2 0 0 3 } \\\hline \text { Gauss Grip } & \$ 17,000 & \$ 13,000 & \$ 24,000 \\\hline \text { Air Gauss } & \$ 8,000 & \$ 16,000 & \$ 13,000 \\\hline \text { Gauss Gel } & \$ 6,000 & \$ 12,000 & \$ 20,000 \\\hline\end{array}\end{array}$$
Write the matrix algebraic formula to compute the revenues from each sector each year.

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Definitions:

Hierarchal Organizational Forms

Hierarchical organizational forms describe the structure of an organization that ranks its parts and positions in levels of importance and authority, with a clear chain of command from top to bottom.

Short-Term Employment

Employment situations that are temporary or have a fixed duration, often lasting for only a limited period.

Gig Employment

refers to a labor market characterized by short-term contracts or freelance work, as opposed to permanent jobs, often facilitated by digital platforms.

Human Capital

The neoliberal idea that each person possesses a set of skills, knowledge, and abilities that he or she is responsible for maintaining and improving so that he or she accumulates more capital (and hence accrues more market value).