Answer:
a. - 3. an ideal randomized controlled experiment
b. - 2. an observational cross a sectional data set.
c. - 1. an observational time series data set.
d. - 4. an observational panel data set.
Explanation:
a. Choose a random group of employees to receive ten hours per week in additional training for a period of four weeks. Then, estimate the difference in productivity between workers who received the additional training and those that did not.
Option 3. an ideal randomized controlled experiment best describes this statement.
b. Data on hours spent on training a group of ten different employees in a certain day.
Option 2. an observational cross â sectional data set best describes this statement.
c. Data on hours spent on training the same employee for seven consecutive days.
Option 1. an observational time series data set best describes this
d. Data on hours spent training for a group of ten individual employees for seven consecutive days.
Option 4. an observational panel data set best describes this statement.
Answer:
Raise the marketing spend to raise visibility.
Explanation:
In simple words, the best way for the company to hold their position in the market is to strengthen their customer base and this can be done by performing more promotion. By doing so, they can attract more people to use their product and the new company will have to try harder to capture the market.
Thus, the best option for the company is to raise promotional activities.
<span>Variances allow the business owner to supervise
their business better by taking well-versed decisions based on how the business
really performed against the budgeted performance. Additionally, it also
highlights reasons or different causes for the disparity in the projected
income or expenses.</span>
Answer:
b. Capital earns interest; entrepreneurship receives a profit or incurs a loss
Explanation:
There are four factors of production.
1. Land- its return is rent. rent refers to the regular payment made to the landlord by tenants for using the land or property.
2. Labor-its return are salaries, wages or and commissions. salaries or wages refers to the regular payments paid to laborers for the services they offer.
3.capital- its return is interest. interest is the amount of money paid to an individual who provides money or capital
4. Entrepreneurship which receives a profit or incurs a loss. profit refers to a financial gain earned by an individual who provide products or services. An individual may incur a financial loss in the process of providing such goods or services
A your own child or children will have children to play with
