Answer:
Lower bound is $3024
Upper bound is $3862
Mean(U) = $3443
Sample (n) = 100
Explanation:
9.63 According to USA TODAY research, the average personal debt (such as loans on cars, credit cards, and so forth) per household in the United States was $17,989 in 2004 (USA TODAY October 4, 2004). A recent random sample of 75 households from New Hampshire yielded a mean personal debt of $16,450 with a standard deviation of $4650. Using the 2% significance level, can you conclude that the current nean personal debt for all households in New Hampshire is different from $17,989? Use both the p-value approach and the critical-value approach.
<span>On Monday, during which time I am presenting to a group of highly accomplished scientists, my presentation will be far more technical and detailed. On Tuesday, when I am presenting to the company's marketing and promotions department, all of these technical details will be scrapped and I will be presenting very broad ideas. If I am presenting on a new method of administering blood tests, I will talk on Monday about the methods that I am using, however; on Tuesday, I will talk about the benefit to the patients and to the hospital.</span>
Answer:
The price of ice-cream should be reduced.
Explanation:
As the price elasticity of demand is 1.8,which is given as
Price/Demand=1.8
As the values is greater than 1 this indicates that the price of the ice-cream is more than the demand of the ice-cream.
This indicates that the price is more so the price of ice-cream should be reduced.
Answer:
A. reduce output and increase price.
Explanation:
In the case of monopolistic firm at the time of profit maximization, the marginal revenue should be equivalent to the marginal cost i.e.
Marginal revenue = Marginal cost
When the marginal cost rises, the cost of generating an additional unit is also rise to equate MR and MC and at the same time the output would be decreased and the price is increased also the price is more than its marginal cos
Therefore the option A is correct
It can give you some insight into your career which can make you more marketable. they can also give you a leg up on the competition and also the ability to negotiate for a higher salary
