A disadvantage of the mall-intercept survey is:

Business

1 answer:

fiasKO [112]3 years ago

3 0

Answer:

Mall shoppers may not be representative of the target market population.

Explanation:

The key disadvantage of a mall intercept study is that it for the most part depends on nonprobability sampling for respondent choice, and along these lines the outcomes can't be utilized to make statistical judgments about any recognizable target population.

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Suppose that Raphael, an economist from an AM talk radio program, and Susan, an economist from a school of industrial relations,

kow [346]

Answer:

a. Difference in values

b. a. Rent ceilings reduce the quantity and quality of available housing.

Explanation:

The disagreement between these economists is most likely due to <u>difference in values.</u>

Economists are known to disagree a lot with each other and this is down to them having different values and perspectives with regards to several economic decisions. This is why there are different economic theories subscribed to by economists such as Keynesian and New Classical theories.

Despite these disagreements however, there are certain things they would always agree on and one of those is that rent ceilings reduce the quantity and quality of available housing.

The logic behind this is that imposing a rent ceiling would dissuade real estate investors from putting in more money to develop properties because the rent ceiling would limit the returns that they can get.

Supply of real estate would also fall because less investors would go into the market because they would fear being unable to recoup adequate returns on account of the rent ceiling.

7 0

2 years ago

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

kherson [118]

Answer:

EU materials: 434.040‬

EU conversion: 412,632

Explanation:

W/a method count the complete units plus the percnetage of completion in the ending work in process intventory.

Materials:

transferred-out (completed) 411,000

ending WIP inventory

32,000 x 72% = 23,040‬

Equivalent untis materials: 434.040‬

Conversion:

transferred-out (completed) 411,000

ending WIP inventory

32,000 x 51% = 1,632

Equivalent untis conversion: 412,632

5 0

3 years ago

In 1971, under president richard nixon, the federal government passed legislation that "froze" wages and the prices of consumer

kicyunya [14]

The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.

When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.

As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.

Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.