Answer: B. Decision making is part of the problem-solving process
Explanation:
Answer:
B) Retail buyers are mainly in charge of planning, selecting, and buying merchandise for retail establishment resale purposes, they select and purchase products sold in retail stores.
Answer:
$24.7million
$97.86million
$9.89million
Explanation:
From the sample , the lowest number is 16.3 and the highest number is 41, the range is
41-16.3
=$24.7 million
Σ
In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3 )/10
mean=26.81
Using that, we can find the variance:
[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million
The standard deviation is just the square root of the variance:
standard deviation=√(var)
, the standard deviation is the square root of 97.86, which equals $ 9.89 million
Answer:
Limited access to factors of production.
Explanation:
In Alice's firm they are planning on expanding to new markets, two factors of production have been seen to be the challenge in the planned expansion.
First labor is expensive and secondly manufacturing equipment is unavailable in the international market.
Answer:
22,361,183.
Explanation:
Given that,
Active duty personnel in all armed services = 1,361,183
Veteran population at the end of 2014 = 21,000,000
Average cost of life insurance = $750 per year
No. of buyers in the market:
= Total Active duty personnel in all armed services + Total Veteran population at the end of 2014
= 1,361,183 + 21,000,000
= 22,361,183
Therefore, the number of buyers in the market can be estimated as 22,361,183.