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Aliun [14]
4 years ago
9

In a statistical study what is the difference between an individual and a variable?

Business
1 answer:
djyliett [7]4 years ago
3 0

An individual is a member of the population of interest. A variable is an aspect of an individual subject or object.

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In situations of sticky prices and negative demand shocks, we would expect firms to A. deplete inventories before increasing pro
valina [46]

Answer:

C. Build up inventories before reducing production.

Explanation:

Demand shocks happen when there is a sudden and considerable shift in the patterns of private spending, either in the form of consumer spending from consumers or investment spending from businesses. An economic downturn in the economy of a major export market can create a negative shock to business investment, particularly in export industries. A crash in stock or home prices can cause a negative demand shock as households react to a loss of wealth by cutting back sharply on consumption spending. Supply shocks to consumer commodities with price inelastic demand, such as food and energy, can also lead to a demand shock by reducing consumers real incomes. Economists sometimes refer to demand side shocks as "non-technological shocks." We need to build up inventories before reducing production.

5 0
4 years ago
taylor company had beginning inventory of $400 and ending inventory of $600. taylor company had cost of goods sold amounting to
QveST [7]

Taylor's amount of inventory that was purchased during the period was closing inventory - opening inventory $600 - $ 400 = $200 + COGS ($1800) = $2000.

When calculating average inventory, opening inventory—the value of goods carried over from the prior accounting period—is taken into account. It aids in calculating cost of products sold. The stock's value at the end of the accounting period is known as closing inventory, often referred to as ending inventory.

The cost of inventory encompasses all charges incurred by a company to bring the stock to its present location and state, including purchases, conversions, services, and other costs.  Non-refundable taxes, shipping, trade discounts, and other direct and indirect costs associated with buying the item are all included in the purchase price. It excludes costs associated with selling and distributing.

Learn more about inventory here:

brainly.com/question/22383398

#SPJ4

5 0
2 years ago
Ratzan Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The Corpor
MaRussiya [10]

Answer:

$33.80 per hour

Explanation:

The computation of the predetermined overhead rate is shown below:

= Estimated manufacturing overhead ÷ machine hours

= ($71,000 + $12,100 + $54,900 + $14,000 + $17,000) ÷ (5,000 machine hours)

= $169,000 ÷ 5,000 machine hours

= $33.80 per hour

6 0
3 years ago
Why has climate change become a major issue for both business and government?
loris [4]

The change in climate patterns affects the entire planet.

Although climate change is occurring at a relatively mild pace at the moment, one possible outcome in the future of increased environmental damage is more rapid climate change.

8 0
3 years ago
Is the sacrifice involved in making one decision over another.
allochka39001 [22]

I believe the answer is Trade-off.

8 0
3 years ago
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