Answer:
C. The long-run average cost of production for U.K. grocery stores is lower if there are diseconomics of scale.
Explanation:
The diseconomy of scale is called the effect that occurs in the costs of a given production. These effects generate increasing costs for the company for each unit of product that is manufactured. Specifically and technically, a diseconomy of scale occurs when a percentage increase in production is less than the percentage increase in inputs.
Since the size of the grocery stores decreases, the average costs decreases. So, The long-run average cost of production is lower when there are diseconomics of scale.
Hope this helps.
Answer:
6 salespersons
Explanation:
A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.
From the histogram:
The number of salespersons who sold 11 - 12 packages = 1
The number of salespersons who sold 13 - 14 packages = 2
The number of salespersons who sold 15 - 16 packages = 3
Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons
<u>Answer</u>:
<u>No</u>
Explanation:
Remember, that as used in statistics the Confidence intervals <em>only</em> ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value (minus 150,30).
Therefore, it cannot be concluded that mu(women) is higher than mu(men.
Answer:
The answer is: C) II and III
Explanation:
The benefits for filing your tax return online are:
- You can save money since you don't have to hire an accountant or other professional to file your taxes
- It is very simple and easy, since the tax software is very user friendly and intuitive.
- You can file your taxes from anywhere as long as you internet connection. This can save a lot of time and money, instead of having to physically go to an IRS office.
- Tax software helps you gain financial knowledge and that is always useful.
- It ensures accuracy since tax program can do accurate calculations on your behalf.
- You can receive your tax refund faster if you file your taxes online. Usually within 21 days the IRS is sending out refunds based on taxes filed only.
Answer:
the price adult ticket is $8 and the price of children tickets is $5.
Explanation:
This question can be solved using a simultaneous equation.
Let :
x = price of adult tickets
y = price of children tickets
If 8 adult tickets and 12 student tickets are sold for a total of $124, the first equation would be
8x + 12y = $124
If 16 adult tickets and 23 student tickets are sold for a total of $243, the second equation would be
16x +23y = $243
The two equations are
8x + 12y = 124
16x +23y = 243
To solve, multiply equation 1 by 2 . This gives equation 3
16x + 24y = 248
Now substract equation 3 from 2. This gives y = 5
To find y, substitute 5 with y in equation 1
8 x + 12(5) = 124
8x + 60 = 124
Solve for x
x = 8
Therefore, the price adult ticket is $8 and the price of children tickets is $5.
I hope my answer helps you
