Your Business Has These Annual Costs: Rent,$30,000;raw Materials,$50,000;insurance,$5,000;sales Commissions,$25,000

question 239

Short Answer

Your business has these annual costs: rent,$30,000;raw materials,$50,000;insurance,$5,000;sales commissions,$25,000.Your total revenue is $100,000.What will you do in (a)the short run? (b)the long run?

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Definitions:

Occupational Injuries

Injuries or illnesses that occur as a result of exposures or incidents in the workplace.

Productive Cough

A cough that brings up mucus or phlegm from the respiratory tract, typically indicative of an infection or the clearing of airway obstructions.

High Fever

An unusually elevated body temperature, often indicating an underlying medical condition or infection.

Sterile Irrigation

The process of cleaning or washing out a wound or body cavity with a fluid, specifically one that has been sterilized to avoid infection.