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Mars2501 [29]
3 years ago
15

What are consumer goods and how do they allow a country to become a mdc?

Business
1 answer:
Reika [66]3 years ago
6 0
Consumer goods are those goods that are purchased and used by consumers. Consumer goods are not used by manufacturers to produce other goods. In essence, consumer goods are ready for use since they have been taken through the production and manufacturing. For a country to have consumer goods it must trade with other countries either to acquire raw materials or trade in consumer goods. This trade process contributes greatly towards the development of LDC economies into MDC status.
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Warren opened a new computer store in town. When customers purchase a computer from his store, they automatically receive an ext
Svetach [21]

Answer:

D.

Explanation:

Based on the information provided within the question it can be said that in this scenario Warren is most likely trying to reduce a new customer's cognitive dissonance. By doing so he is trying to relieve the worry that new customers may have, as they may not know about the technology and may have inconsistent or contradictory beliefs/ideas regarding the technology. Therefore by providing all that Warren is offering he is clearing up these misconceptions that the customers may be having.

6 0
3 years ago
What conclusion can be drawn about an organization that does not conduct market research?
Wewaii [24]

Answer:

Sorry, but I cant tell you, you need to know

Explanation:

7 0
2 years ago
DS Unlimited has the following transactions during August. August 6 Purchases 84 handheld game devices on account from GamerGirl
damaskus [11]

Answer:

Explanation:

The journal entries are shown below:

On August 6

Merchandise Inventory A/c Dr $22,680   (84 handheld games × $270)

            To Account payable A/c $22,680

(Being the inventory purchased is recorded)

On August 7

Merchandise Inventory A/c Dr $470

      To Cash A/c $470

(Being the freight cost is paid)

On August 10

Account payable A/c $2,430       (9 handheld games × $270)

       To Merchandise inventory A/c  $2,430

(Being the goods are returned)

On August 14

Account payable A/c Dr $20,250    ($22,680 - $2,430)

        To Merchandise Inventory A/c $405      ($20,250 × 2%)

        To Cash A/c $19,845

(Being the amount due is paid)

On August 23

Accounts Receivable A/c Dr $18,560     (64 handheld games × $290)

        To Sales revenue A/c $18,560

(Being the sales on credit basis is recorded)

Cost of goods sold A/c Dr $17,335

       To Merchandise Inventory A/c  $17,335

(Being the total cost is recorded)

7 0
3 years ago
Let x be per capita income in thousands of dollars. Let y be the number of medical doctors per 10,000 residents. Six small citie
MAVERICK [17]

Answer:

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

R^2 = 0.934^2 =0.872

And we have 87.2% of the variation explained by the linear model given.

\hat y = 5.756(8.5) -36.895=12.031

And we have 12.031 doctors per 10000 residents.

Explanation:

Assuming the following dataset:

x                 y

8.6           9.6

9.3           18.5

10.1          20.9

8.0           10.2

8.3           11.4

8.7            13.1

Assuming this question: "The data has a correlation coefficient of r = 0.934. Calculate the regression line for this  data. What percentage ofvariation is explained by the regression line? Predict the number of doctors per 10,000 residents in a town with a per capita income of $8500."

We want a linear model like this:

y = mx +b

Where m represent the slope and b the intercept for the linear model. And we cna find the slope and b with the following formulas:

m = \frac{n \sum xy - \sum x \sum y}{n \sum x^2 -(\sum x)^2}

b = \frac{\sum y}{n} -m \frac{\sum x}{n}

And from the dataset we have the following values:

n= 6, \sum x =53, \sum y = 83.7 , \sum xy = 755.89, \sum x^2 = 471.04

And replacing into the equation for m we got:

m =\frac{6(755.89) - (53)(83.7)}{6(471.04) -(53)^2}=5.756

And the intercept:

b = \frac{83.7}{6}-36.895 5.756 \frac{53}{6}=-36.895

And then the linear model is given by:

\hat y = 5.756 x -36.895

We can find the estimation replacing x = 8.5 into the linear model and we got:

\hat y = 5.756(8.5) -36.895=12.031

And we have 12.031 doctors per 10000 residents.

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

R^2 = 0.934^2 =0.872

And we have 87.2% of the variation explained by the linear model given.

4 0
2 years ago
Which of the following subjects should you study if you are seeking a career in agriculture or natural resources? Select all tha
hjlf
I think it’s a and b
7 0
3 years ago
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