125 Miles
Make x stand for the total trip miles.
75 = .6x
Divide by .6 (60%)
x= 125 miles
Answer:
d. Firms that have to deal with the possibility of price wars often have sticky prices.
Explanation:
Prices are one of the key factors for the demand and supply in any economy.
If the prices are favorable to producers, it is benefit to them, and then they supply a high quantity, whereas the demand decreases.
When a firm tends to believe to have some price wars, basically not the price the supplier wants, or the industry is against the price determined by the supplier then, the firm chooses to use stick price. That the price do not fluctuate, and gets fixed with as the firm is not ready to supply below a certain level of price.
<span>While all professional sport seem to have a rising fan cost index the NFL has the highest with a fan cost index of $473 per fan. Making it more than double the average fan cost of the MLB and about $100 more than the NBA and NHL.</span>
Watch where you post, because this is not business!
Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!
Answer:
<u>The target cost per iron= $83.25</u>
Explanation:
Profit Required = Required Investment * required rate of return
= $ 3,500,000*15%
= $ 525,000
Sales= 300000*85=$25,500,000.00
Less: profit required=$525,000.00
Cost= Sales- Profit
Cost=24,975,000.00
Per Unit Target Cost = Total Cost / Total Units
= $ 24,975,000/ 300,000
= $ 83.25
