Answer:
decrease total revenue of textbook sellers.
Explanation:
Demand is inelastic if a change in price has a very little effect on the quantity demanded.
If price is reduced, the quantity demanded of textbooks would change by a little amount, so total revenue would fall due to a reduction in the price of textbooks.
Total revenue = price × quantity
New goods or Services or Improvement in offering goods or services.
<h2>
_________________________</h2>
Innovation is the process and outcome of creating something new, which is also of value.
<h3 /><h3 />
Answer:
D. Helps managers to act rapidly and with autonomy
Explanation:
The management control system defines that every policy and procedure should be followed in a proper manner and work on new strategies for the benefit of the organization. It helps in managing the hierarchy level and differentiates the performance company resources like finance, marketing, sales, Human resource management, operations, etc.
Therefore the management control system provides to work with sovereignty so that the work runs in a smooth and inefficient and effective manner. It also helps the managers to take the action quickly before things go out of control.
Answer: Fun Fact: Clay is an important part of soil because it contains nutrients that are essential to plant growth
Explanation:
Answer:
B. The amount you spend on variable expenses changes from month to month.
Explanation:
A variable expense is an expense which is bond to fall or rise in its totality given the status of factors such as; a change in the total sales, change in the ammount of supply or production.
Hense, this ammount is bond to change from time to time.
Some examples of variable expenses include; Labor, expense of raw materials, e.t.c
The expenses which are fixed are known as fixed expenses, they do not change. Some examples are; Insurance, rent and such like expenses.
