Answer:
The answer is: B) In Boravia when the economy is strong, those who might otherwise go camping tend to take vacations overseas.
Explanation:
Usually a sustained economic growth would lead to an increase in the sales of high quality products. Hill and Dale sell high quality expensive products, so the only thing that could hurt their sales is that people don't go camping anymore. The only option that could lead to lower demand is that Boravia's economy is doing so well that its citizens can now afford to travel to other countries instead of camping.
Answer:
The expected value of the car you will buy is $22,000
Explanation:
In the given question, the car values are symmetrically distributed which means that we have to compute the mean between the values that are mentioned in the question.
So, the mean is an average of the numbers, the computation is shown below:
= (Value 1 + value 2) ÷ (number of observations)
= ($20,000 + $24,000) ÷ 2
= $22,000
Answer:
Marketing and sales strategy
Explanation:
What I read from the picture was that technically you’re supposed to discuss about what you want to do with your career with your guardians/parents and find the information about the career you selected on the internet ( obtain relevant information about it)
Answer:
Nominal annual rate of interest(r) = 2.5% (Approx)
Explanation:
Given:
Present value (P) = $1,200
Future value (F) = $1,618.62.
Number of year = 1year = 12 months
Find:
Nominal annual rate of interest(r)
Computation:
Nominal annual rate of interest(r) = ![\sqrt[12]{\frac{1,618.62}{1,200} }-1](https://tex.z-dn.net/?f=%5Csqrt%5B12%5D%7B%5Cfrac%7B1%2C618.62%7D%7B1%2C200%7D%20%7D-1)
Nominal annual rate of interest(r) = ![\sqrt[12]{1.34885}-1](https://tex.z-dn.net/?f=%5Csqrt%5B12%5D%7B1.34885%7D-1)
Nominal annual rate of interest(r) = 0.02525
Nominal annual rate of interest(r) = 2.5% (Approx)