Answer:
The Battle of the Chesapeake, also known as the Battle of the Virginia Capes or simply the Battle of the Capes, was a crucial naval battle in the American Revolutionary War that took place near the mouth of the Chesapeake Bay on 5 September 1781. The combatants were a British fleet led by Rear Admiral Sir Thomas Graves ... De Grasse hastily prepared most of his fleet for battle—24 ships ...
Explanation:
The knowledge of cost behavior is important for managerial decision making as, having a thorough knowledge about this enables the manager to predict whether any costs will decrease or increase as business activity changes.
For instance, if a production line is nearing capacity, the relevant cost behavior would be to expect a large cost increase (to pay for an equipment expansion) if incremental demand increased by a small amount. Understanding cost behavior is an essential component of cost-volume-profit analysis.
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I think it's the rock cycle.
