The U.S. can produce both hoodies and coats with fewer inputs ...

[formula1]

The U.S. can produce both hoodies and coats with fewer inputs than India. The U.S. has an absolute advantage in the production of both goods over India.
 
  a. True
  b. False

Question 2

Determine expense percent, given:
  Gross sales 398,320
  Customer returns & allowances 8.60
  Gross margin 183,124
  Profit 6.8
 
  a. 39.17
  b. 42.86
  c. 43.50
  d. 39.76

[jxjsniuniu]

Answer to Question 1

a

Answer to Question 2

c. 43.50

[formula1]

Thanks for the timely response, appreciate it

[Bigfoot1984]

TYSM