Turn the decimal in to a fraction then ding the common denominator and add don't forget to simplify
Answer:
True
Explanation:
Price in-elasticity happens when individuals can not possibly shift or change their behaviors or process of Consummation.
In the case of the bus system, people do not have a Better choice from the bus system although the bus system increase bus fares.
If people do not have a better choice or option for there consumption, we say that price elasticity demand for a particular commodity is inelastic
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Answer:
fixed costs = $450000
Explanation:
given data
total costs = $1.2 million per year
variable costs = $750,000 per year
solution
we get her fixed costs that is express here as
fixed costs = total costs - variable costs ...........................1
put here value and we will get fixed costs
fixed costs = $1.2 million - $750,000
fixed costs = $1200000 - $750,000
fixed costs = $450000
Answer:
Inventory turnover
Explanation:
Inventory turnover is the ratio which states how many times the company has sold as well as replaced the inventory during the stated period. The company could divide the days in the year through the formula of inventory turnover in order to compute the days it need to sell the inventory.
So, in the case, if she compute the inventory turnover ratio for the store and then compare with other stores. And higher inventory turnover ratio states the greater amount of efficiency in the business operations. The objective is to maximize the use of the cash and minimize the inventories.