To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq
= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43
= 7.43</span>
Answer:
Ease of entry into the market
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services.
In the long run, perfect competition make zero economic profit because if firms are making economic profits in the short run , new firms would enter into the industry in the long run. This is made possible because of the ease of entry into the market.
I hope my answer helps you
Answer: Emotional motivations cause consumers to buy on the grounds of their thoughts, desires, or urges. Such motivations, mostly motivated by marketing and popular trends, may not even be known to consumers.
The forces that derives emotional decision could be adventure, affection, appearance and fear etc. These decisions might not be economical for the consumers from the money point of view but it generally results in mind satisfaction for the consumer.
Answer:
Explanation:
Present value of note = Annual payment x present value annuity factor
Annual payment = 8,400
PVAF = 4,7665
= $ 8,400 x 4.7665
= $ 40,038.60
So, the present value of note is $ 40,038.60
