<span>The main problem at Bond's Gym is excess demand. This means that negative incentives are the best way to go. Positive incentives would only increase demand at the gym, making the problem worse. however, negative incentives would create a positive result for the owner, as he would make more money and expand his gym, allowing him to meet more consumer demands.</span>
Based on the given figures above, the total asset turnover rate is 1.28. To get the <span>1.28, you need to use the below formula:
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Total asset turnover= 1/ capital intensity ratio
The capital intensity ratio given is 0.78
Therefore you calculation should be:
Total asset turnover = 1 / .78
Total asset turnover = 1.28
Answer:
Ray calculated how much each seat cost to manufacture and set a wholesale price that covered expenses and earned a reasonable profit. After doing so, Ray developed a channel of distribution including wholesalers and retailers to get the theater seats to consumers.
Explanation:
