Use the following information to answer questions
Green Thumb Garden Supplies reported the following information for 2021 and 2022:
-What is the profit margin for 2022?
Definitions:
Production Functions
Mathematical equations that describe the relationship between input and output quantities in the production process.
Labor
The investment of human strength and thought in the process of producing goods and services.
Output
The volume of goods or services produced by a human, mechanical, or industrial source.
Nash Equilibrium
A concept in game theory where no participant can gain by unilaterally changing their strategy, assuming other participants' strategies remain unchanged.
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