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Ainat [17]
2 years ago
12

How has information technology impacted the economy? choose three answers. it has allowed economists to better predict how resou

rces should be allocated. it has assisted governments to make better economic policy decisions. it has become more difficult for businesses to identify when shortages will occur. it has steadily increased the amount of time to share data between locations. it has expanded growth and outlook in information technology careers.
Business
1 answer:
BARSIC [14]2 years ago
7 0

The IT impacted the economy by able to predict about resource allocation, governments policy decisions, employment in information technology sectors has grown.

<h3>What is information technology?</h3>

Anything relating to computing technology is referred to as information technology.

Information technology (IT) is the creation, process, storage, security, and sharing of all types of electronic data using computers, collection, connectivity, and various physical devices, infrastructure, and procedures.

Economists are more knowledgeable about how resources should be allocated. Economic policy decisions can be made more effectively by governments.

The number of persons working in the information technology industry has risen.

Therefore, option A, B, and E are correct.

Learn more about information technology, refer to:

brainly.com/question/17187984?referrer=searchResults

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Sillytime Park competes with Splash World by providing a variety of rides. Sillytime sells tickets at $ 60 per person as aâ one-
horsena [70]

Answer:

BEP 378,000

Explanation:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

60 - 24 = 36 contribution margin

every units contribution $36 dollars

36 / 60 = 0.6 CM ratio

each dollar of sale generate 60 cents of contribution

226,800 fixed cost / 0.6 CMR = 378,000 BEP  in dollars

3 0
3 years ago
In the short​ run, the marginal cost of the first unit of output is​ $20, the marginal cost of producing the second unit of outp
Alinara [238K]

Answer:

Hence, the  firm's total variable cost of producing three units of output​ is $48 unit.

Thus, the correct option is d. $48 unit.

Explanation:

The computation of total variable cost is shown below:

= marginal cost of the First unit of output + marginal cost of the second unit of output + marginal cost of the third unit of output

= $20 + $16 + $12

= $48

The variable cost include all type of cost which is change when the production level changes. In the given question, the output level changes with the unit which reflects the variable cost. So, the cost would be added in the computation part.

Hence, the  firm's total variable cost of producing three units of output​ is $48 unit.

Thus, the correct option is d. $48 unit.

6 0
3 years ago
A company's Cash account shows an ending balance of $4,200. Reconciling items included a bookkeeper error of $50 (a $550 check r
hoa [83]

Answer:

Adjusted book balance will be $4258

Explanation:

We have given ending book balance = $4200

Error in recording = $50

Interest revenue = $33

And service charge = $25

We have to find the adjusted book balance

Adjusted book balance is given by

Adjusted book balance = Ending book balance + error in recording + interest revenue - service charge = $4200+$50+$33-$25=$4258

6 0
3 years ago
British investors frequently invest in the u.s. or italy, depending on the prevailing interest rates. if italian interest rates
guajiro [1.7K]

Answer:

decrease, upward

Explanation:

When Italian interest rates increase, their demand in Italy would increase, hence a downward pressure on the supply of the same would be required. as the demand of the currency in italy increases, its value also increases. hence there is an upward pressure on the value of the pound against the u.s. dollar.

3 0
3 years ago
The Centers for Disease Control and Prevention (CDC) defines a healthy sleep duration
laiz [17]

a. The point estimate of the married people that sleep well is = 0.6299. The confidence interval for the mean hours of sleep for those that have never been married but report good sleep is 0.6186, 0.6412

b. The point estimate of the number of hours for people that have never been married = 7.2257

95% confidence interval for the mean number of  hours of sleep for those who have never been married = 7.2065, 7.2447

c. the estimated number of sleep for those that have never been married = 7.729 hours

a. The point estimate

P=\frac{Xp}{n}

Xp = successes\\n = sample size\\

Those who have never been married n = 7044

Xp = those who sleep for 7 hours at least

To get Xp, the <u>excel function </u>

Countif(range, criteria)

Countif(A:A, >=7)

This gives Xp = 4437

Point estimate =

\frac{4477}{7044}

= 0.6299

The point estimate of the married people that sleep well is = 0.6299

At 95% interval of confidence,

α = 1-0.95 = 0.05

α/2 = 0.05/2 = 0.025

Z0.025 = 1.96 ( Use the standard probability normal table)

Margin of Error

=M.E = 1.96\sqrt \frac{0.6299(1-0.6299)}{7044} \\\\= 1.96\sqrt{0.000033} \\\\1.96*0.0057

= 0.0113

The 95% confidence interval

= 0.6299 - 0.0113 , 0.6299 + 0.0113

= 0.6186, 0.6412

The confidence interval for the mean hours of sleep for those that have never been married is 0.6186, 0.6412

b. Sample mean

x = ∑x/n

x = number of sleep of the never been married

Mean is calculated using excel function

Average(range)

Average(a:a)

This gives the sample mean = 7.2257

The point estimate of the number of hours for people that have never been married = 7.2257

<u>Standard deviation</u> using excel =

Stdev(A:A) = 0.8211

Margin of error =1.96*\frac{0.8211}{\sqrt{7044} }

= 0.0192

The<u> confidence interval</u> =

= 7.2257-0.0192, 7.2257+0.0192

= 7.2065, 7.2447

95% confidence interval for the mean number of  hours of sleep for those who have never been married = 7.2065, 7.2447

c. From the available data, the mean number of sleep per day that is gotten from the 4437 people that are unmarried and sleep healthily for at least 7 hours = 34295.1

Mean = 34295.1/4437

= 7.729

the estimated number of sleep for those that have never been married = 7.729 hours

Read more on brainly.com/question/15601189?referrer=searchResults

6 0
3 years ago
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