Match the Following Terms with Their Definitions

question 93

Multiple Choice

Match the following terms with their definitions.
-Numerator

• A)Equivalent to the original but with larger numbers
• B)Numerator is less than denominator
• C)Smallest nonzero whole number all denominators divide into
• D)Bottom part of fraction
• E)Top of fraction
• F)Numerator is equal to or greater than the denominator
• G)A reducing method when multiplying or dividing fractions
• H)Number divisible only by itself and 1
• I)Expresses a part of a whole number
• J)Largest possible number that divides evenly into both parts of fraction
• K)Whole number and a proper fraction
• L)No number (except 1)divides evenly into both parts of fraction
• M)Interchanging denominator and numerator

Apply knowledge of cost, selling price, and profit to evaluate business decisions.

Interpret and apply terms of payment to ensure discounts are maximized.

Calculate the rate of markup on selling price versus markup on cost.

Understand the relationship between operating profit, overhead, and mark-up in retail settings.

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Definitions:

Mason Jars

Glass jars that are typically used for preserving and storing food, but also popular for crafts and decoration.

Club Sponsor

An individual or organization that provides support, often financial, to a club, usually in exchange for advertising or promotional benefits.

Revenue Management

A strategy to predict consumer behavior at the market level and optimize product availability and price to maximize revenue growth.

Seasonal Peaks

Times of the year when demand for a product or service is significantly higher than usual, often due to factors like holidays or weather.