According to a study by the U. S. Centers for Disease Control and Prevention, the price elasticity of demand. Americans purchase about 480 billion cigarettes each year. If the federal tax on cigarettes were increased enough to raise the price of cigarettes by percent, the quantity of cigarettes demanded would by nothing billion per year.

All mathematical operations can be performed on ratio data. a. true b. false

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock