Multiply or Divide as Indicated $$\frac { 40 } { 9 } \div 10$$

question 30

Multiple Choice

Multiply or divide as indicated.
- $$\frac { 40 } { 9 } \div 10$$

• A) \(\frac { 3 } { 9 }\)
• B) \(\frac { 4 } { 8 }\)
• C) \(\frac { 5 } { 9 }\)
• D) \(\frac { 4 } { 9 }\)

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Definitions:

Economies of Scale

The economic benefits that businesses gain from operating at a larger scale, typically resulting in lower costs per unit of production as the scale increases.

Economies of Scope

Cost advantages that a business experiences when it increases the variety of products or services it offers, leveraging shared operations or resources.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Profitability

The degree to which a business or activity yields profit or financial gain, often expressed as a percentage of revenue.