A Trigger Is Based on Cost/benefit Analysis,like an Employee Labor

question 56

True/False

A trigger is based on cost/benefit analysis,like an employee labor report,a sale of an item,or the purchase of new hardware.

---

Definitions:

Unit Elastic

Describes a situation in which the percentage change in quantity demanded or supplied is equal to the percentage change in price, resulting in no change in total revenue.

Total Revenue

The total income generated by a firm from the sale of its goods and services.

Price Elasticity

An index that measures the reaction of how much a good is wanted to a price adjustment of that good.

Midpoint Formula

A mathematical formula used to calculate the average or midpoint between two values on a line segment.