In One Week,Mohammed Can Knit 5 Sweaters or Bake 240

question 146

Multiple Choice

In one week,Mohammed can knit 5 sweaters or bake 240 cookies.In one week,Aisha can knit 15 sweaters or bake 480 cookies.Mohammed's opportunity cost baking one cookie is:

• A)1 sweater.
• B)5 sweaters.
• C)48 sweaters.
• D)1/48 of a sweater.
• E)48 cookies.

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Definitions:

Intercompany Sales

Transactions involving the exchange of goods or services between entities within the same parent company.

Pre-tax Profit

The income that a company has earned before any taxes have been deducted from this amount, also known as earnings before tax.

Cost of Goods Sold

represents the direct costs attributable to the production of the goods sold by a company, including material, labor, and overhead costs.

Other Revenue

Income derived from activities not central to a business's primary operations.