On a Typical Day Generous Motors Sells 3,600 Vans, 1,500

question 95

Multiple Choice

On a typical day Generous Motors sells 3,600 vans, 1,500 pickup trucks, and 7,800 passenger cars. What is the sales ratio of cars to vans to pickups?

• A) 36: 15: 78
• B) 1,560: 720: 300
• C) 26: 12: 5
• D) 78: 15: 36
• E) 12: 5: 26

---

Definitions:

Wage Rate

The amount of compensation received by an employee per hour worked or for a specific task completed.

MRP

Marginal Revenue Product, the additional revenue generated by employing one more unit of a resource, critical in resource allocation.

Capital

Financial assets or resources that businesses or individuals use to generate wealth through investment, production, or development.

Labor

The physical and mental effort used in the production of goods and services, often considered one of the primary factors of production.