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stepladder [879]
3 years ago
15

A random sample of voters found that 180 out of 320 people were in favor of a gas tax. election results found that 36,000 people

voted in favor of the gas tax. which is a good prediction for the total number of people who voted on the gas tax issue
Business
2 answers:
Lisa [10]3 years ago
6 0

Answer:

64,000

Explanation:

If 180 out of 320 people were in favor of a gas tax, then 140 people (320 - 180) must have voted against the gas tax (assuming all voted and are valid)

The ratio of those that voted in favor of the tax to those who voted against is 180 to 140 expressed as 9:7 in the simplest form.

Now, if 36,000 people voted in favor of the tax, let the total number of people who voted on the issue be T

9/(9 + 7) × T = 36000

(9/16)T = 36000

9T = 36000 × 16

T = 36000 × 16/9

T = 64,000

This means 64,000 people would have participated in the vote.

PIT_PIT [208]3 years ago
4 0
If the survey found that in every 320 people, 180 of them voted in favor of gas tax .Then to get the total number of people who voted in favor of gas tax were 36,000. We can get the number of 180 people groups among those who voted in favor. = 36,000/180 = 200 groups
A group of 180 people who voted in favor is equivalent to a group of 360 people who voted. 
Therefore, 200 × 360 people =72,000 people took part in the voting exercise.
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If the government owes $10.0 trillion and then borrows $700 billion more this year, this leads toa. a debt of $700 billion and a
77julia77 [94]

Answer:

E:  a debt of $10.7 trillion and a deficit of zero.

Explanation:

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Hence, the government has incurred a total debt of $10.7 trillion and a deficit of zero.

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3 years ago
The grocery industry has an annual inventory turnover of about 13 times. Organic​ Grocers, Inc., had a cost of goods sold last y
s344n2d4d5 [400]

Answer:

What was Organic​ Grocers' inventory​ turnover

ORGANIC  

11,58  INVENTORY TURNOVER

Explanation:

The Organic company compared with the industry works with more inventory than the market, which means that the company is less efficient than the Grocery Industry in Inventory management .

ORGANIC  

11,58         INVENTORY TURNOVER

11.680,000  Cost Of Goods

1.008,880  Average Inventory

32            DAYS IN INVENTORY

To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year ($1,008,880) , take the Total Cost of Goods ($11,680,000) and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 11,58

To find the days in inventory we have to divide 365 (days of the year) by the Inventory Turnover, 11,58 the result is 32 days.

To have a similar Inventory Turnover as the industry the company needs to low the average inventory to $898,524.

ORGANIC  

13,00       INVENTORY TURNOVER

11.680,000  Cost Of Goods

898,524  Average Inventory

28           DAYS IN INVENTORY

8 0
3 years ago
An economic contraction caused by a shift in aggregate demand causes prices to a. rise in the short run, and rise even more in t
raketka [301]

Answer:

c. fall in the short run, and fall even more in the long run.

Explanation:

The aggregate demand shifts to the left in recession or contractions, in consequence the level of prices falls. For this analysis we consider the shor-run supply curve with a positive slop.

As we know, the economy in the long run tends to equilibrium, where the the production level is fixed and equal to the potential of production of the economy. The initial reduction of prices incentives the consumption in the long run, stabilizing with the long run quantites in a minor level of prices.

In the attached image you can observe the process described previously.

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