Express the Rate in Lowest Terms $\frac { 720 \mathrm { mi } } { 8 \mathrm { gal } }$

question 86

Short Answer

Express the rate in lowest terms. $\frac { 720 \mathrm { mi } } { 8 \mathrm { gal } }$ __________ mi/gal

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Definitions:

Task Environment Theory

A concept in organizational behavior that examines external factors that potentially affect an organization's performance, such as competition and regulation.

Resource Dependence

The theory that organizations depend on resources from their environment to survive, which influences their behavior and strategies to obtain those resources.

Supply-side

An economic theory that proposes reducing barriers on the production of goods and services, such as lowering taxes and decreasing regulation, will stimulate economic growth.

Market Failure

A situation where the allocation of goods and services by a free market is not efficient, often justifying government intervention.