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Assume That You Have Taken Over Management of a Small

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Assume that you have taken over management of a small concession stand on a local beach for the summer.Your main product is iced water, popular on hot days.You've been selling 400 cups per day at 50 cents each.The cups cost 5 cents each.One of your customers suggests that you cut the price to 40 cents to make more money.For the customer to be correct, how much must your sales increase?


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Yield

Return.

Rate of Return

The gain or loss on an investment over a specific period, expressed as a percentage of the investment's initial cost.

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Assessments provided by rating agencies that evaluate the creditworthiness of debt issuers and their financial instruments.

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