Answer:
335.43 million gallons
Explanation:
price elasticity of demand (PED) = % change in quantity demanded / % change in price 
PED = -1.9% / 10% = -0.19, very inelastic
expected price increase $0.40
% change in price = ($3.45 - $3.05) / $3.05 = 13.11%
% change in quantity demanded:
-0.19 = D / 13.11%
D = 2.49%
quantity demanded will decrease by 2.49%, from 344 million gallons to 335.43 million gallons
 
        
             
        
        
        
Answer:
If I were to start a business, I will choose Sole Proprietorship.
Explanation:
Reasons why I will choose Sole Proprietorship
* I will be the sole owner and responsible for my business.
* All profits (and loss) will belong to me, means the more I work harder, the more return I (alone) will get.
* I can make all the decisions by myself, without the interference of any other person.
* I can expand my business as per my convenience and hard work, if I succeed I can eat all the fruits myself.
* I can grow my business as much I want.
* No one will be my boss, I will be setting my own working hours and work load etc.
 
        
             
        
        
        
Answer:
B. the decisions around which stages of production to handle internally and which to buy from others.
Explanation:
Supply chain management is fundamentally concerning with the management of a firm's reception of inputs in order to produce output, and with a firm's delivery of those outputs to the final customer.
For example, some firms can have the capability to supply their own raw materials internally, transform them into a finished product, and send the products to the customer.
Other firms have more complicated supply chains: they may buy the raw materials, produce a part of the good in a place, another part in another place, and hire another company to make the deliveries.
 
        
             
        
        
        
Percent markup based on the selling price: 28.1%
Explanation:
The cost of the TV for the seller was

Of this, the markup of this price was 39%. Therefore, the value of the markup (in dollars) with respect to the cost for the seller was

So, this was the markup relative to the cost for the seller.
The price paid by the purchaser instead is

Therefore, the percent markup based on the selling price (paid by the purchaser) is:

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