3/4 is equal to .75
7/8 is equal to .875
Common measurements between 3/4 inch and 7/8 inch include
2/3
15/16
and 1
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<span> Revenue </span>accounts or <span>Expense </span><span>accounts</span>
Answer:
the break even point is $28,000.00
Explanation:
The computation of the break even point is given below:
= Total fixed expenses ÷ contribution margin ratio
= $9,800 ÷ (1 - 0.65)
= $9,800 ÷ 0.35
= $28,000.00
Hence, the break even point is $28,000.00
We simply applied the above formula
Answer:
The correct answer is:
Equilibrium price will decrease; the effect on quantity is ambiguous. (D)
Explanation:
First, note that if the price of coffee beans, used in the manufacture of coffee decreases, the price of coffee sold to consumers will decrease, because it takes a lesser amount in manufacturing than it used to, therefore this reduction in manufacturing costs is reflected in the selling price.
Next, it is hard to tell whether this reduction in equilibrium price will affect quantity demanded, because, at the same time, the price of cream ( a complementary good) increases, and since both goods are complementary, they are bought together, and the effect of the reduction in the price of coffee might not necessarily caused an increase in the quantity demanded because this effect is cancelled out by the increase in the price of cream, hence the effect on quantity is ambiguous.
A Management Science Perspective is a management perspective that originated after World War II and used mathematics, statistics, and other quantitative tools to managing challenges.
Management science, often known as mathematical or quantitative measurement, sees management as a logical entity whose actions may be described in terms of mathematical symbols, connections, and measurement data.
The mathematical model is the key emphasis of this technique. This device may represent management and other challenges in fundamental relationships, and if a specific goal is sought, the model can be expressed in terms that optimize that goal. This method borrows heavily from decision theory and, in fact, provides several ways for rational decision-making.
Therefore, the answer is management science perspective.
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