Multiply by Applying the Distributive Property

question 268

Short Answer

Multiply by applying the distributive property.

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Definitions:

Economist

A professional who studies the production, distribution, and consumption of goods and services, focusing on economic theories and practices.

Interest

The charge for obtaining funds, often shown as a percentage of the loan amount.

Explicit Cost

Direct, out-of-pocket expenses incurred in the operation of a business, such as wages or rental payments.

Lease Payments

Regular payments made by a lessee to a lessor for the use of an asset.