Answer:
e. fall; greater than; falls
Explanation:
Demand is price elastic if a small change in price has a greater effect on the quantity demanded. The coefficient of elasticity is usually greater than one which indicates that the percentage change in quantity demanded is greater than the percentage change in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
If demand is elastic, an increase in price leads to a fall in quantity demanded and total revenue falls.
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The bank puts interest in your account because they take sum of it to loan to ppl and it’s goes through a lot and comes back to your account and then sum
Answer:
0.0042 is the probability of the stick's weight being 2.33 oz or greater.
Explanation:
We are given the following information in the question:
Mean, μ = 1.75 oz
Standard Deviation, σ = 0.22 oz
We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.
Formula:
P(stick's weight being 2.33 oz or greater)
P(x > 2.33)
Calculation the value from standard normal z table, we have,
0.0042 is the probability of the stick's weight being 2.33 oz or greater.
Answer:
$15
Explanation:
Average fixed cost = Total fixed cost / quantity
Total fixed cost = Total cost - Total variable cost
= $150,000 - $75,000 = $75,000
Average fixed cost = $75,000 /5000 = $15
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Answer:
a. The division of activities into unit level, batch level, product sustaining level and facility level categories is commonly known as cost.
Explanation:
The managerial accounting is important for any service business. McDonalds have service business and they run on zero tolerance for disruption in consumer service. Management accounting enables to identify cost for product sustaining and batch producing.
