Examlex
What are the five principles of design? Choose two of the principles and discuss the considerations involved in each.Then give an example of each.
Inflation
A general increase in prices and fall in the purchasing value of money, affecting the economy over time.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.
Average Cost
The total cost of goods available for sale divided by the number of items available for sale, used to determine the cost of goods sold and ending inventory.
Declining Prices
A situation where prices of goods, securities, or commodities decrease over time due to various factors like market oversupply, low demand, or economic downturns.
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