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3 years ago

Among the explanations below, which one is not a reason to favor the use of a beta distribution to

Business

1 answer:

Leya [2.2K]3 years ago

7 0

Answer:

The correct answer is "it is easy to implement in standard software leg. Microsoft Excel)"

Explanation:

It is easy to implement in standard software leg. Microsoft Excel) is not a reason to favor the use of a beta distribution to capture cross-customer differences in our probability model of customer behavior.

The beta distribution is a continuous probability distribution which is usually put to use when a portion or probability is to be represented. For example it can be used to find out the most preferred candidate and his vote share among others.

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Wang co manufactures and sells a single product that sells for 640 per unit; variable costs are 352 per unit. Annual fixed costs

Reptile [31]

Answer:

Break-even point (dollars)= $5,112,222.22

Explanation:

Giving the following information:

Selling price= $640

Unitary variable cost= $352

Fixed costs= 985,500

Desired profit= $1,315,000

<u>To calculate the sales in dollars to be sold, we need to use the following formula:</u>

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

contribution margin ratio= (640 - 352) / 640= 0.45

Break-even point (dollars)= (985,500 + 1,315,000) / 0.45

Break-even point (dollars)= $5,112,222.22

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3 years ago

Supply and Demand Equilibrium A graph titled Supply and Demand equilibrium has quantity on the x-axis and price on the y-axis. L

alex41 [277]

C is the point in the graph refers to the equilibrium price. Because the equilibrium demand and supply have produced this point, it is known as the equilibrium price.

<h3>What is equilibrium?</h3>

Economic equilibrium is the set of economic variables that drives the economy, such as supply and demand. The term "economic equilibrium" can be used to a variety of variables, including interest rates and total consumer expenditure.

C point refers as equilibrium price produced by the demand and supply mention on X and Y axis respectively.

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2 years ago

What is the purpose of IDP

MakcuM [25]

The basic purpose of IDP is to assist the employees in their career and personal development.

<h3>What do you mean by purpose?</h3>

The purpose means the reason for which something can be done or created.

The basic purpose of IDP is to help employees for reaching short and long-term career goals as well as to improve their current job performance.

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3 years ago

Suppose there is currently a tax of $50 per ticket on airline tickets. Buyers of airline tickets are required to pay the tax to

posledela

Answer:

C: Supply curve will shift downward by $20, and the price paid by buyers will decrease by $20.

Explanation:

If tax is imposed on the buyer, it will impact the amount of tickets demanded by the people and ultimately the supply of tickets. So, If tax is reduced by $20, demand for tickets and supply will increase because now buyers have to pay $20 less for every ticket they buy.

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3 years ago

vantagestar ltd. would like to construct a high-end condominium complex. where will they likely go for financing this project?

egoroff_w [7]

Loan Approval is defined as a definite written promise from the appropriate Lender approving the Buyer's Loan in the Loan Amount, subject only to customary underwriting requirements.

<h3>Who is accountable for delivering the loan estimate during the loan approval process?</h3>

Important information regarding the loan you have sought is provided in the Loan Estimate. Within three business days of receiving your application, the lender is required to give you a Loan Estimate.
An FHA 203(k) loan can be the ideal rehab loan for you if you want to buy a fixer-upper or need to make modifications to your current home. With an FHA 203(k) loan, you can combine the costs of your renovation and your mortgage into one loan with only one monthly payment.
A secured loan often includes a lien on the collateral property as well as related title rights. To prove their rightful claim to secured property, a creditor will file a lien. Until the loan is fully repaid, the creditor typically holds the title to the collateral asset.
A firm and a financial institution, like a bank, enter into a debt-based funding agreement known as a commercial loan. Typically, it is used to finance sizable capital investments and/or pay for operational expenses that the business might not otherwise be able to afford.

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1 year ago