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In the presence of both glucose and lactose,the lactose repressor is not bound to the operator and the genes of the lactose operon are expressed.
Merchandise Inventory
The total cost of all the goods held by a company for resale purposes, including goods in transit, on order, and in stock.
Net Income
Net income is the total earnings or profit a company makes after deducting all its expenses, including taxes, interests, and depreciation.
Gross Profit
The difference between total revenue and the cost of goods sold, representing the profitability of a company's core activities before overhead.
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