<u>Solution and Explanation:</u>
P-chart to be used
Center line = total number of errors/(no of samples*sample size) = 40/(20*80) = 0.025 = p-bar
standard deviation = sqrt((p-bar*(1-p-bar))/sample size) = = sqrt ((0.025*(1-0.025))/80) = 0.017
UCL = p-bar + z*standard deviation = 0.025 plus 3 multiply 0.0174553 = 0.0773659
LCL = p-bar - z*standard deviation = 0.025 minus 3 mulitply 0.0174553 = -0.0273659 = 0 (Adjusted)
Defect proportion of sample 1 = 5/80 = 0.0625
Defect proportion of sample 2 = 8/80 = 0.1
Defect proportion of sample 3 = 6/80 = 0.075
The process is not in control as Defect proportion of sample 2 is not within the control limits
Answer:. A. a decrease in the consumer surplus of Japanese consumers.
Explanation:
When an import quota is imposed, it has the effect of limiting the imports of a commodity into an economy.
The effect of this is that supply drops as goods are no longer coming in from outside.
Because of this drop in supply, there is a increase in price.
This increase will reduce the Consumer surplus.
How?
Consumer Surplus is defined as the price that consumers pay vs the price they are willing to pay.
Because there was more supply, they were paying a price less than what they were willing to pay. As this supply has now dropped, the price they are paying is now closed to the price they are willing to pay.
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A. An example of an increase in human capital <u>is your labor productivity increases</u>.
More about human capital:
Human capital is the term used to describe how valuable an employee's skills and expertise are economically. Employers value qualities like punctuality and loyalty as well as skills, knowledge, and abilities, as well as physical and mental well-being.
It is an intangible asset or quality because a corporation cannot list it on its balance sheet. Investments in human capital are thought to increase productivity and profitability. The more a firm invests in its employees, the more likely it is that it will be productive and successful.
Learn more about capital here:
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Answer: $2,000
Explanation:
-Use form 2441 on the IRS website for 2019.
-Wages earned=$45,000, therefore, it would be between "over 43,000 but not over 'No Limit' " which is 20% (.20)
-$10,000(paid in daycare) × .20 = $2,000
Answer:
Explanation:
C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)