Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist_____its price, quantity would fall by a percentage than the rise in price, causing profit to_______. Therefore, a monopolist will_______produce a quantity at which the demand curve is elastic.
Answers
Answer:
raises;larger;decrease;always.
Explanation:
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.
A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;
- Single seller.
- Profit maximizer.
- Price maker.
- High barriers to entry for others.
- Price discrimination.
- No close substitutes or competition.
Related Questions
Maslow's hierarchy of needs
Answers
Explanation:
Maslow's hierarchy of needs is an idea in psychology proposed by American psychologist Abraham Maslow in his 1943 paper "A Theory of Human Motivation" in the journal Psychological Review. Maslow subsequently extended the idea to include his observations of humans' innate curiosity.
What Is Maslow's Hierarchy of Needs? Maslow's hierarchy of needs is a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs.
Answer: Maslow's hierarchy of needs includes Psychological needs, safety needs, love and belongings, esteem, and self - actualization.
Explanation:
Maslow's Hierarchy of Needs is a psychological theory given by Abraham Maslow, a renowned psychologist. It suggests that human needs can be organized into a hierarchical structure, with more basic physiological needs at the bottom and higher-level needs at the top. These are in chronological order and one needs to be fulfilled to attain the next.
He divides the need into 5 terminologies which were-
1) Psychological needs- These needs are the basic needs which are water, food, shelter, sleep, clothing, etc. If these are met then the psychological needs of a person are fulfilled.
2) Safety Needs- these needs include personal security, health, employment, resources and protection from physical and emotional harm, etc.
3) Love and belongings - these are the social needs of the person. These include the desire for love, affection, friendship, time for family and sense of connection, etc.
4) Esteem - At this stage, a person needs recognition, wants to be appreciated, and needs freedom and respect from others. The person wants to improve his/her self-esteem.
5) Self- Actualization- At the top of the hierarchy, after fulfilling almost all the desires, the person wants to become the best of his/her abilities. It involves realizing one's potential, pursuing meaningful activities, expressing creativity, and striving for personal fulfillment.
Therefore, these are the 5 hierarchical needs given by Maslow.
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Identify what constitute the combination of traits, which result from the interaction of genes and environment.
O personality
O locus of control
O ethnocentrism
O perception
Answers
Answer:
Personality
Explanation:
the combination of traits, which result from the interaction of your genes and your environment, they constitute your personality.
The personality from the interaction of genes and environment.
What is combination of traits?It could involve anything from managing a team of people to swaying opinions and guiding an organization's development.
Whatever your personal definition of leadership may be, we can all agree on one thing: Great leaders regularly exhibit certain characteristics as opposed to mediocre ones.
Effective leaders play a critical role in ensuring that people are inspired, engaged, and properly prepared to provide their best work at all levels of a business.
Therefore, The personality from the interaction of genes and environment.
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By comparing prices at different stores, consumers will:
Answers
By comparing prices at different stores, consumers will save money and make informed purchasing decisions.
How can comparing prices at different stores benefit consumers?Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.
This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.
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An employer's defense to an employment discrimination claim might include a simple demonstration that the employee's evidence is not true. This defense might include all of the following except
Answers
An employer's defense to an employment discrimination claim might include a simple demonstration that the employee's evidence is not true. This defense might include all of the following except "the employee is a known liar".
What is a defense in law?
A defendant may establish a defense in a civil case or criminal prosecution under common law or legislation in order to avoid civil responsibility or criminal guilt.
What is Evidence?
The evidence for a proposition is what backs up that assertion. It is commonly seen as proof that the supported statement is correct. The function of evidence and how it is conceived differs by discipline.
How can a lie be detected during a legal proceeding?
The polygraph is the most well-known tool for detecting deceit through psychophysiological means.
All of these strategies are designed to identify deceit by evaluating indications of changes in the body that are ordinarily undetectable by human inspection.
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RST compay produces a product that has a variable cost of $6 per unit. The companys fixed costs are $30,000. the product sells for $10 per unit. how many units muct be produced to break even
Answers
Answer:
7,500 units
Explanation:
The break-even point is the point in which the earnings and the costs are the same and there is no gain or loss. The formula to calculate the break-even point in units is:
Break-even point in units= Fixed Costs/(Sales price per unit – Variable costs per unit)
Now you have to replace the values given to find units that have to be produced to break even:
Break-even point in units=30,000/(10-6)
Break-even point in units=30,000/4
Break-even point in units=7,500
The answer is that the units that have to be produced to break even are 7,500.
How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
Answers
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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What type of communication takes place when announcements in offices are made through public announcement systems?
A.
interpersonal communication
B.
written communication
C.
mass communication
D.
public communication
E.
intrapersonal communication
Answers
process of elimination..
B. (it’s verbal communication, not written)
C. (i highly doubt this is a possible answer.....but you are always willing to test that out for yourself)
E. (interpersonal is a conversation with oneself or “within a person”)
so now you’re left with A or D
Answer:
mass communication
Explanation:
I asked the teacher, she looked at the answer key and said
When using a cost-based price, the denominator in the calculation always includes the costs included in the base plus the desired profit.
a. True
b. False
Answers
You can work 8 hours today. Based on the information below about your current work, rank order the activities you will complete today.
Answers
The tasks that must be finished are listed in the following order:
continuing project worklook at the client's complaintFinished online trainingTeam meeting attendanceThe events should be in what order?
The events must be arranged from the entire question (see attached) in the following order: priorities, time, then impact.
Using the highlights from above, the events with the highest priorities are:
1 and 2 events
The occasions that last the longest are:
1 and 2 events
Events 3 and 4 are given higher emphasis.
Thus, the following is the order.
1, 2, 4 and 3
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Solutions for lack of accurate and timely information?
Solutions for information overload?
Answers
Information overload is a rising issue for organisations all over the world, and improving employee experience is a top concern for the majority of them. The problem is that, despite the fact that information overload is a well-known issue, it appears that most firms have yet to find effective methods to address it, which is rather concerning.
Information overload in the workplace refers to the large volume of irrelevant information that circulates among employees. In today's job, it is difficult to prevent information overload. Most businesses, from start-ups to huge corporations, are experiencing information overload.
It is also critical to deliver correct and timely information. People and organizations will make poor judgements in the absence of accurate, reliable, and timely information.
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What will NOT cause a shortage?
A.) war
B.) scarcity of resources
C.) extreme weather
D.) increase in prices
Answers
An increase in prices will reduce demand, and not supply. You could have an increase in prices due to a shortage, but price increases could also be from a number of other factors, one of which is demand increasing.
Meanwhile, war, scarcity and extreme weather all are possible factors of a shortage. So we can cross choices A,B,C off the list.
This HWA explores epistemologies of your areas of concentration for your BUS degree. You will list each concentration, the major purpose of the concentration, the common methods used, major theorists in the field, and how you see the concentration fitting into your future career. You should have 3 concentrations if you are a BUS or HS major. If you are majoring in another field, use your major plus select the additional 2 concentrations of your choice to use throughout the INTS program that interest you and fit best your career plans.
Submit your 3 concentration explorations by typing them in the submission box for HWA 2. If you choose to upload a file, make sure it is Microsoft Word or PDF. I will not accept incompatible files that can't be opened in Blackboard.
Please use the following format:
CONCENTRATION 1-
Name:
Purpose:
Common Methods:
Major Theorists:
How does this concentration fit into my future career?
CONCENTRATION 2-
Name:
Purpose:
Common Methods:
Major Theorists:
How does this concentration fit into my future career?
CONCENTRATION 3-
Name:
Purpose:
Common Methods:
Major Theorists:
How does this concentration fit into my future career?
Answers
Answer:
Lalit- It is a mix of song, dance, and story presentation.
Bharu - It includes singing of Bhajans followed by characters presenting a story connected to day to day life.
All are various forms of arts!
Did Dan stay on budget? Why or why not? Yes, Dan spent as much as he earned. No, Dan should move to a new apartment. Yes, Dan uses his savings to cover extra expenses. No, Dan should reduce his discretionary spending.
Answers
Hi, you've asked an incomplete question. However, I added missing the part of the question as an attachment below:
Answer:
No, Dan should reduce his discretionary spending.
Explanation:
Note, the term discretionary spending often refers to spending on unimportant/necessary things. In other words, things that one can do without but they still spend on.
Noteworthy among his expenses were his Cruise trip to Mexico which took about $3,500 (excluding other entertainment expenses). This shows that Dan didn't stay on his budget since some avoidable expenses were eating out of his total income; leaving him with zero savings.
Answer:
the answer is d
Explanation:
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
Answers
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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The least expensive type of marketing research method is a(n)
Answers
2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.
Answers
i) The expected number of customers who will make a purchase in the current month is 4.
ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.
(i) For the current month:
Number of people entering the store = 10
Probability of making a purchase = 40% = 0.4
Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase
Expected number of customers making a purchase = 10 * 0.4
Expected number of customers making a purchase = 4
Therefore, the expected number of customers who will make a purchase in the current month is 4.
(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).
For the current month:
n = Number of people entering the store = 10
p = Probability of making a purchase = 0.4
q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6
Standard deviation (σ) of a binomial distribution is given by the formula:
σ = √(n * p * q)
Substituting the values:
σ = √(10 * 0.4 * 0.6)
σ = √(2.4)
σ ≈ 1.55
Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.
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If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be most interested in, and for what reasons?
Answers
Stockholders would be interested in profitability ratios such as return on equity (ROE) and earnings per share (EPS), which indicate a company's profitability and the return on investment for stockholders.
Short-term lenders such as banks and suppliers would be interested in liquidity ratios such as current ratio and quick ratio, which indicate a company's ability to meet its short-term financial obligations. These ratios are important for lenders because they want to ensure that a company can pay its bills on time and not default on its loans or other obligations.
Long-term lenders such as bondholders would be interested in solvency ratios such as debt-to-equity ratio and interest coverage ratio, which indicate a company's long-term financial stability and its ability to repay its long-term debts. These ratios are important for bondholders because they want to ensure that a company is financially stable enough to repay its debts and interest payments on time. hese ratios are important for stockholders because they want to ensure that a company is generating profits and increasing the value of their investments. Additionally, they may also be interested in liquidity and solvency ratios to ensure the company has a solid financial foundation.
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Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Larry recorded the following donations this year: $550 cash to a family in need $2,450 to a church $550 cash to a political campaign. To the Salvation Army household items that originally cost $1,250 but are worth $350.What is Larry's maximum allowable charitable contribution if his AGI is $60,500?a. $1,100.b. $4,800.c. $2,800.d. None of the choices are correct.e. $3,000.
Answers
Answer: c. $2,800.
Explanation:
Given data:
Cash to family members =$550
Cash to church = $2450
Cash for political campaigns = $550
Larry’s AGI = $60,500
Solution:
= $2450 to church + $350 on house hold items
= $2800.
Larry would only be allowed to count his contributions to the church, and the real value for the house hold items as his charitable contributions. Because both are recognized as non-profit organization's.
Larry's maximum allowable charitable contribution is $2,800. The Option C.
What is Larry's maximum allowable charitable contribution if his AGI is $60,500?Given data:
Cash to family members =$550Cash to church = $2450Cash for political campaigns = $550Larry’s AGI = $60,500Larry's maximum allowable charitable contribution if his AGI is $60,500 is:
= $2450 to church + $350 on house hold items
= $2800.
Therefore, Larry would only be allowed to count his contributions to the church and the real value for the house hold items as his charitable contributions. Therefore, the Option C is correct.
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PLEASE HELP
Forms:
2022 1040
2022 Schedule 1
2022 Schedule 2
2022 Schedule 3
2022 Schedule B
2022 Schedule C
2022 Schedule SE
2022 Form 2441
2022 Schedule 8812
2022 Form 8863
2022 Form 8995
Answers
Answer:
Based on the information provided, the following is the completed 2022 federal income tax return for Magdalena Schmitz.
Form 1040, U.S. Individual Income Tax Return
1(a) Magdalena Schmitz 294-83-2845
623 S. Liberty Road
Bedford, PA 15522
( b ) Single ( c ) Head of household ( X ) Qualifying widow(er)
Check if person Check if person
if born before if blind
January 2, 1958 X no
2 Alyssa Schmitz 824-84-8456
3 Tyler Schmitz 824-34-9584
4 Connor Schmitz 824-56-2984
5 Dependents: 3
6a Check if your spouse itemizes on a separate return No
b Dependent's SSN not required for a child under age 17
7 Wages, salaries, tips, etc. (Form(s) W-2) $50,885
a Federal income tax withheld $1,100
b Social Security wages $48,435
c Social Security tax withheld $3,002
d Medicare wages and tips $50,885
e Medicare tax withheld $701
f State tax withheld $825
8a Taxable interest $6,010
b Tax-exempt interest
9a Ordinary dividends
b Qualified dividends
c Total ordinary dividends and qualified dividends
10 Taxable refunds, credits, or offsets of state and local income taxes $325
11 Alimony received
12 Business income or (loss) (Schedule C) ($1,080)
a Gross receipts or sales $6,500
b Cost of goods sold
c Expenses
d Other (from line 48) ($1,080)
e Form 4797 sales price
f Form 4797 cost or other basis
g Other (from line 48)
13 Capital gain or (loss) ($500)
a Short-term gains or (losses) ($200)
b Long-term gains or (losses) ($300)
14 Other gains or (losses)
a From Form 4684
b From Form 6781
c From Schedule D, line 13 or 18
15 Total income $55,440
16a Adjustments to income
b IRA deduction
17 Taxable income $55,440
18 Tax (Schedule D Tax Worksheet or Form 1040, line 24) $6,220
19 Credits:
a Child tax credit and credit for other dependents $2,000
b Education credits
c Retirement savings contributions credit
d Child and dependent care expenses (Form 2441) $850
e Residential energy credits
f Other credits
20 Total credits $2,850
21 Tax after credits $3,370
22 Other taxes
a Self
If a firm produces nothing, which of the following costs will be zero?
a. total cost
b. fixed cost
c. opportunity cost
d. variable cost
Answers
D is the answer
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The cost that will be zero if a firm produces nothing is variable cost because it is a cost that changes with level of output.
What is variable cost?Variable cost refers to the cost that vary with the level of output. This means that at every activity leve, the variable cost changes with it.
The above means that a constant amount per unit produced is the variable cost of manufacturing which implies that once the output is zero, the variable cost will be zero as well.
Hence, the cost that will be zero if a firm produces nothing is variable cost.
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Of the following savings instruments recommend one type for each of Jocelyn’s goals - short term, medium-term and long-term. Use at least two pieces of evidence from the chart we completed in class to support your recommendation.
Traditional Savings Account
Online Savings Account
Certificate of Deposit
Answers
I will recommend the online saving account as a short term savings instrument.
I will recommend the traditional saving account as a medium term savings instrument.
I will recommend the certificate of Deposit as a long term savings instrument.
What does Savings Instrument means?Savings Instrument is an interest-bearing deposit in the Custodian's banking department of a type made available for investment hereunder by the Custodian from time to time.
The short-term savings instruments are investments that have a relatively short time horizon, typically less than one year. Examples include savings accounts, money market funds.
The medium-term savings instruments are investments that have a time horizon of 1-3 years. Examples include bonds, medium-term CDs, and certain types of mutual funds.
The long-term savings instruments are investments that have a time horizon of more than three years. Examples include stocks, long-term bonds, and some types of real estate.
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What is an important premise of Adam Smith’s conclusion about economic prosperity
Answers
An important premise of Adam Smith's conclusion on economic prosperity is that individual freedom is necessary for a society to prosper.
What is Adam Smith's thesis?The philosopher developed ideals about economic liberalism, that is, the reduction of state intervention in the economy, generating the least control over freedom of thought, work and private property.
For the author, the more individuals are motivated and encouraged to exercise their individual freedom, the more benefits society will have from the innovation and creativity of each citizen.
Therefore, economic liberalism is a similar approach to the free market, an issue that is so much discussed in an increasingly globalized society.
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
Answers
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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who is the eskom manger
Answers
Answer:
André de Ruyter is the CEO
Question 16 of 40
What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.
D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.
Answers
The correct answer is C) , Specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.
Specialization and cross-training differ in terms of the focus of training and development. Specialization involves employees focusing on developing expertise in a particular skill or area of work. It often involves becoming highly proficient and knowledgeable in a specific field or task.
Specialization allows employees to become experts in their chosen area and can lead to increased efficiency and productivity in that particular domain.
On the other hand, cross-training involves training employees in multiple skills or tasks that are outside of their primary area of expertise. It aims to provide employees with a broader skill set and the ability to perform different roles within an organization.
Cross-training helps in creating a more flexible workforce that can adapt to changing needs and handle a variety of tasks. It also enhances collaboration and teamwork by enabling employees to understand and appreciate the work of their colleagues in different areas.
Specialization and cross-training are both valuable approaches depending on the organizational needs and employee roles.
Specialization is beneficial when deep expertise and mastery in a specific area are required, while cross-training is advantageous for fostering versatility and adaptability among employees.
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Waterworld conducts a survey to identify the age, gender, and marital status of its guests. The theme park is considering _____________ factors to help them find their target market.
behavioral
demographic
geographic
psychographic
Answers
Answer:
b) demographic
Explanation:
By collecting personal data while conducting surveys of their guest, Waterworld can find out what different age groups, genders, and marriage statuses like and what they are interested in. This knowledge can help them change their activities, entertainment choices, and general park experience to better suit their target market.
Taking a look at the guest's age, gender, and other demographic data might help Waterworld uncover new business opportunities and attract more clients.
Demographers get their data from many different places, which you can learn more about here: https://brainly.com/question/29228963
A company has beginning inventory of $20,000, purchases of $15,000, and ending inventory of $2,500. The cost of goods available for sale is ___.
Answers
The cost of goods sold formula is Starting inventory plus purchases minus ending inventory which is equal to the cost of goods sold. In this case, the cost of goods sold is equal to $32,500.
What is Cold of good sold?The cost of goods sold (COGS) is actually the price of manufacturing the products an agency then sells. In the case of physical goods, it usually consists of the cost of current stock plus any associated substances and direct labor prices incurred over the year.
The cost of goods sold formula is:
Starting inventory + purchases − ending inventory = cost of goods sold.
As per the given information,
beginning inventory - $20,000
purchases - $15,000
ending inventory - $2,500
\(\rm\,Cost \,of\, goods \,sold = \$20,000 + \$15,000 - \$2,500\\\\\rm\,Cost \,of\, goods \,sold = \$32,500\)
hence, the cost of goods sold is equal to $32,500.
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I learned that before application of shampoo it is important to
Answers
Answer:
oil it I think!
Explanation:
massage hair oil into the scalp before shampooing it!
Define assessed income
Answers
Assessed income is the portion of income that is used to calculate an individual's tax liability.
This income is usually calculated by taking a person's total income and then subtracting any deductions or exemptions that they are entitled to. The resulting figure is known as the person's taxable income, which is then used to determine how much they owe in taxes. Assessed income can include a variety of different types of income, such as wages, salaries, bonuses, tips, rental income, investment income, and more.
It is important to note that not all income is considered taxable income, and there are many deductions and exemptions available that can reduce a person's assessed income and therefore their tax liability. These deductions and exemptions can include things like charitable donations, business expenses, medical expenses, and more. There are several different methods that can be used to calculate assessed income, depending on the type of income that is being considered.
For example, income from employment is usually calculated using a person's gross income, while income from investments may be calculated based on capital gains or losses. Ultimately, the goal of calculating assessed income is to ensure that each individual is paying their fair share of taxes based on their income level.
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