Multiply and Reduce Your Answer to Lowest Terms $\frac { 1 } { 9 } \cdot \frac { 3 } { 7 }$

question 82

Multiple Choice

Multiply and reduce your answer to lowest terms. $\frac { 1 } { 9 } \cdot \frac { 3 } { 7 }$

• A) \(\frac { 1 } { 3 }\)
• B) \(3\)
• C) \(63\)
• D) \(\frac { 1 } { 63 }\)
• E) \(\frac { 1 } { 21 }\)

Understand key strategies proposed by economists to alleviate poverty.

Recognize how businesses contribute to poverty alleviation.

Identify characteristics and challenges faced by the poor.

Understand the implications of targeting the poor as a consumer base.

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Definitions:

Direct Labor-hours

A measure of the labor time directly involved in the production of goods, used as a base for allocating overhead in some costing systems.

Fixed Overhead

Expenses that remain constant for a certain level of production or period of time, such as rent, salaries, and insurance, not directly tied to the level of production.

Work In Process

Inventory that includes goods partially through the production process but not yet complete.

Fixed Manufacturing Overhead

Indirect manufacturing costs that remain constant regardless of the level of production, such as rent, utilities, and salaries of managers.