State Whether the Inequality Is True or False $- \frac { 1 } { 10 } > - \frac { 1 } { 100 }$

question 156

True/False

State whether the inequality is true or false. $- \frac { 1 } { 10 } > - \frac { 1 } { 100 }$

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Definitions:

Tangible Costs

Explicit expenses or outlays that are easily quantifiable and often involve monetary transactions, such as equipment purchases, rent, and salaries.

Intangible Costs

Expenses or costs that are not easily quantifiable, including things like brand value, intellectual property, or goodwill.

Variable Costs

Costs that change in direct proportion to sales.

Price Elastic

Refers to how sensitive the demand for a product is to changes in its price; high elasticity indicates demand significantly changes with price adjustments.