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erica [24]
3 years ago
5

Consider the following statement:"Statistics tell us that ice cream sales increase during the summer months. It is also the case

that reported burglaries increase during the same period. We can conclude therefore, that increased ice cream sales cause an increase in burglaries."This conclusion of this statement:___________.
Business
1 answer:
slega [8]3 years ago
8 0

Answer:

Post hoc, ergo propter hoc.

Explanation:

The best statement which explains the above scenario is 'post hoc, ergo propter hoc'.  This statement is known as an informal fallacy, according to this statement because burglaries were followed by an increase in ice-cream sales then it means that an increase in ice-cream sales is the cause of burglaries. In other words, if 'y' is followed by 'x' then 'x' must have caused 'y'.

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Suppose the direct foreign exchange rates in U.S. dollars are: 1 Singapore dollar = $0.7025 1 Cyprus pound = $2.5132 Based on th
dusya [7]

Answer:

In order to buy citrus fruits costing 10,000 Cyprus pounds 25,132 US dollars must be paid

Explanation:

From the information in the question we already know that 1 Cyprus pound is 2.5132 US dollars so in order to find out how much dollars will be needed to purchase fruits worth 10,000 cyprus pounds we will multiply 10,000 by 2.5132.

10,000*2.5132= 25,132

So in order to buy citrus fruits costing 10,000 Cyprus pounds 25,132 US dollars must be paid

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3 years ago
Explain how a factory assembly line is an example of specialization?
s344n2d4d5 [400]

Answer:It is

Explanation: because the line is divided in different sector. Each sector has specific operations, using specific tools and specific process. Each operation or group of operations must be done by employees or workers. Those worker also required specialized training.

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3 years ago
Selling price per unit = £0.63
ikadub [295]

Answer:

368 units

Explanation:

The Break-even point is calculated by dividing fixed cost by the contribution margin per unit.

Fixed cost = £140

Contribution margin per unit = Selling price per unit - variable cost per unit

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Contribution margin per units =£0.63 - £0.25

=£0.38

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=368.42

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3 years ago
Product indicators of sensitivity to price include all of the following EXCEPT:
ivanzaharov [21]

Answer:

the ability to switch easily.

Explanation:

Product indicators help a company to measure the performance of its product against a defined target. The price sensitivity of product determines a company how much the demand for a certain product will change if there is change in price of that product. This enables the company to compare its product easily and measure the performance of its product as it was expected that whether it meets the criteria or goals of the business. Product indicators of sensitivity to price do not include the ability to switch easily.

6 0
3 years ago
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If the economy is experiencing less than full-employment, the keynesian model recommends that the government.
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Explanation:

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