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3 years ago

5

If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer d

oubled its price?

2 answers:

Lena [83]3 years ago

7 0

The answer would be They go down drastically

MA_775_DIABLO [31]3 years ago

5 0

They would go down drastically fast.

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What percentage of data would you predict would be between 40 and 70 and what percentage would you predict would be more than 70

Mariana [72]

Answer:

<em>The percentage of data of prediction between 40 and 70 is 0.4347 or about 43.57%., the percentage of prediction that would be more than 70 miles is 0.2389 or about 23.89%</em>

Explanation:

<em>Let us Recall that, </em>

<em>We can perform analysis using the z-score of certain values, only when the standard deviation and the men are. The z-score is the measure of how many standard deviations from the mean a certain value is known. by finding the percentage of values that is expected to be above or below a value is by applying the z-score </em>

<em>The first step is to find the z-score for each of these values. After that, we apply the Standard Normal Probabilities table to find the percentage between the values. The z-score given as follows, </em>

<em>z= x-ẋ/s </em>

<em> ẋ = the sample mean </em>

<em>s = the sample standard deviation </em>

<em>x = is the data value not given </em>

<em> The mean value is = 51.6571429 </em>

<em>The standard deviation value is = 25.8012116 </em>

<em> Then </em>

<em>The z score for 40 is given as </em>

<em> z = 40 – 51.6571429/ 25.8012116 = - 0.45 </em>

<em> The z score for 70 is given as, </em>

<em> Z = 70 – 51.6571429/ 25.8012116 = -0.71 </em>

<em> The table entry for both -0.45 and 0.71 is 0.3264, and 0.7611 </em>

<em>Therefore, </em>

<em> find the percentage between 40 and 70, we subtract table entries to get 0.7611 - 0.3264 = 0.4347 or about 43.57%. </em>

<em>To find the percentage above 70, we subtract the table entry for 70 from 1 to get 1 - 0.7611 = 0.2389 or about 23.89% </em>

4 0

4 years ago

Read 2 more answers

Batson Company produces Trivets. Based on its master budget, the company should produce 2,500 Trivets each month, working 4,000

Alexeev081 [22]

Answer:

3840 hours

Explanation:

Given data:

The number of trivets company should produce = 2,500

Number of hours to work = 4,000

During may,

The number of trivets produced = 2,400

Direct labor hours = 3,900

now, using the concept of unitary method

2,500 trivets require 4,000 hours

thus,

1 trivets require (4,000 / 2,500) hours

now, the standard hours for 2,400 trivets

or

(4,000 / 2,500) hours × 2,400

or

3840 hours

hence, the standard hours allowed for May production would be = 3840 hours

4 0

3 years ago

Should cities, and even counties, be limited to local or regional issues such as public services and infrastructure, rather than

gavmur [86]

Answer:

issue like public service and infrastructure are taken up the place of people concerned. People demand proper services rather than wasting their time on point out on other racial point. This also show people are moving toward more professionalism

Explanation:

There are many factor which defied the people needs during any particular time. Due to advancement in science and other technologies people are more busy in their professional life and thus they are less concerned about the discrimination factor. Though racial discrimination is one of the most serious threat to social bonding, people are less concerned.

issue like public service and infrastructure are taken up the place of people concerned. People demand proper services rather than wasting their time on point out on other racial point. This also show people are moving toward more professionalism

4 0

3 years ago

The demand for your hand-made skateboards, in weekly sales, is q = −6p + 400 if the selling price is $p. You are prepared to sup

4vir4ik [10]

Answer:

The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

Explanation:

In order to calculate the price should you sell your skateboards for so that there is neither a shortage nor a surplus we would have to make the following calculation:

−6p + 400= 4p − 300

-10p=-700

p=70

The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

3 0

4 years ago

A(n) ______ is maintained for each financial statement item, whereas a(n) ______ contains all of the accounts of the company.

Svetllana [295]

Answer:

An <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

Explanation:

Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.

For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.

The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.

Therefore, an <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

4 0

3 years ago