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8 July, 11:51

Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value.

If the stand owner is able to find an outlet that would provide a salvage value of $0.10, what would be the increase in service level?

a. 0.33 (33%)

b. 1 (100%)

c. 0 (0%)

d. 0.07 (7%)

e. 0.5 (50%)

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  1. 8 July, 12:17
    0
    Answer and Explanation:

    d. 0.07 (7%)
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