To calculate profit, producers subtract their total production cost from their
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The producers calculate the total profit by substracting their total production cost from their total income/revenue.
What are total profits?
The total profits are defined as money remaining with the producers when they deduct the entire production cost from their revenue earnings. Hence, it is said as a percentage of total revenue that is left with the business.
Calculation of profits
Therefore, the computation of profit is as below:
Here, P is the profits and TR is total revenue which is derived by multiplying price with total sold quantity. TC is the total cost which is obtained by multiplying the cost by quantity.
Learn more about the calculation of profit here:
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The tipping point at which the US could no longer be considered an isolated nation in the World War, when Pearl Harbor was attacked. After that, the Germans just attacked the US boats and submarines.
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The result of all this death was the Renaissance and, ultimately, the development of the modern world. Before the plague, most of Europe was feudal, meaning that aristocrats owned huge pieces of land, and serfs worked that land in exchange for being allowed to live on it. But the deaths of so many people meant that there were no longer enough serfs to sustain this system. The few workers who were left alive could now asked to be PAID for their work in money.
With so many people suddenly having cash in their pockets, markets started springing up to sell goods to these people. This basically meant that capitalism was born.
Another consequence was that there was a much greater need for technology to replace all the labor that was lost when so many people died. European technology advanced much more rapidly than it had before, and brought a lot of lifestyle changes with it. These lifestyle changes also shaped the way people thought about themselves and the world, which produced further changes in art, literature, culture, and religion.
TLDR: Tons of people died, resulting in capitalism, the Renaissance, and modernity.
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The CORRECT answers are:
A. The British Parliament passed laws directing that rivers be dug deeper and made wider.
C. Private firms cut canals at key points and connected rivers.
D. Thanks to a web of waterways, boats could reach towns they had never been able to reach before.
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Answer:
Explanation:
Jim Crow laws began in 1877 when the Supreme Court ruled that states couldn't prohibit segregation on common modes of transportation such as trains, streetcars, and riverboats. Later, in 1883, the Supreme Court overturned specific parts of the Civil Rights Act of 1875, confirming the “separate but equal” concept.
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Jim Crow laws were a collection of state and local statutes that legalized racial segregation. Named after a Black minstrel show character, the laws which existed for about 100 years, from the post Civil War era until 1968 were meant to marginalize African Americans by denying them the right to vote, hold jobs, get an education or other opportunities
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They had natural resources to forge the bronze objects they made for trading was the most important factor that created changes in the Minoan civilization, to be specific it was tin