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2 years ago

5

QUESTION 2 of 10: Three smoothie shops exist in your town with annual sales of $300,000; $344,000; and $412,000. What is the ave

rage of their sales?

1 answer:

Goshia [24]2 years ago

6 0

Answer:

352,000

Explanation:

add up all the numbers, then you divide by 3

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In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies

inessss [21]

In market economies, firms rarely worry about the availability of inputs to produce their products because, in market economies, buyers of inputs know that consumers want to purchase the product.

<h3>What is a market economy?</h3>

A market economy refers to the economic system where the decisions regarding investment, production, and distribution to the customers.

In a market economy, the allocation of resources by the entrepreneurs across different businesses and production processes is determined by the profits they hope to make by producing output that their customers will value that entrepreneurs paid.

Therefore, C is the correct option.

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1 year ago

A bottling operation has a mean fill level of 10.01 ounces with a standard deviation of 0.25 ounces. Random samples of 20 bottle

MAVERICK [17]

Answer:

The upper limit is 10.1

The lower limit is 9.91

Explanation:

Given that:

The mean fill level (μ) = 10.01 ounces,

Standard deviation (σ) = 0.25 ounces

Number of sample bottles (n) = 20

The limits of the sample mean = 92% = 0.92

α = 1 - 0.92 = 0.08

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The z value of 0.04 is the same as the z value of 0.46 (0.5 - 0.04). From the probability distribution table:

$z_{\frac{\alpha}{2}}=z_{0.04} = 1.75$

The margin of error (e) is given by:

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The lower limit = 10.01 - 0.1 = 9.91

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2 years ago

Ezra runs a gyro stall at the local farmers' market. He would like to expand and open his own shop downtown. He has made the cha

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Answer: Economic choices result in trade-offs.

Explanation:

The chart simply purports to show that when making economic decisions, you will have to accept trade-offs because resources are not infinite.

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Trade-offs simply have to be made.

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2 years ago

A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen

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Answer: $22,500

Explanation:

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This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

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This process is known as decision making.

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