KIDS QUIZ
SPORTS TEAMS AND PLAYERS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The ____ of an item is the amount the concession owner paid for the item plus the cost of paying concession stand workers to prepare and serve it.
|
|
value
|
|
|
profit
|
|
|
price
|
|
|
cost
|
Explanation:
Detailed explanation-1: -Concessionaire. The owner or operator of a concession stand.
Detailed explanation-2: -Marginal cost. The cost of providing an additional number of seats, such as seats on the floor during a concert.
Detailed explanation-3: -Cost per click is generally calculated by dividing the overall cost of your ads by the number of clicks your ads received.
Detailed explanation-4: -A profit margin is a profitability ratio that can tell you whether a company makes money. It highlights what portion of the company’s sales have turned into profits or how many cents per dollar it generates per sale.
There is 1 question to complete.