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3 years ago

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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Which professional has helped Jennifer in this example?

Yuki888 [10]

Answer:

would it be sales representative since they were only able to replace the device and apologize

7 0

2 years ago

Suppose Hamilton decides that if the price of their blenders is $32, the quantity demanded will be 1,000 units, and if the price

olya-2409 [2.1K]

Answer:

-2.5

Explanation:

Elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Change in Quantity = ( S2 - S1 ) / [ ( S2 + S1 )/2 ]

Change in Quantity = ( 800 - 1,000 ) / [ ( 800 + 1,000 )/2 ]

Change in Quantity = -200 / 900

Change in Quantity = -0.2222222

Change in price = ( P2 - P1 ) / [ ( P2 + P1 )/2 ]

Change in price = ( $35 - $32 ) / [ ( $35 + $32 )/2 ]

Change in price = $3 / $33.5

Change in price = 0.090

Elasticity of Supply = Change in Quantity / Change in Price

Elasticity of Supply = -0.2222222 / 0.090 = -2.5

Elasticity of Supply = 0.597 = 0.60

8 0

3 years ago

Roy and Monica are married and will file a joint return. They have a daughter, Rachel, age 5. While Roy works and Monica looks f

garik1379 [7]

Answer:

<u>Unfortunately, like Monica had no earned income and they're filing jointly, Roy and Monica can't claim the credit. The correct answer is B. US$ 0.</u>

Explanation:

1. Let's review the information given to us to answer the question correctly:

Roy and Monica are married and will file a joint return.

While Roy works and Monica looks for work, Rachel stays at Wee Care.

Amount paid by child care in 2011 = US$ 1,500

Roy's earned income = US$ 24,000

Monica's earned income = US$ 0

2. What is the amount of their child and dependent care credit?

IRS, on publication 503, related to Child and Dependent Care Expenses is crystal-clear. Taking from the official document, "You Must Have Earned Income . To claim the credit, you (and your spouse if filing jointly) must have earned income during the year."

<u>Unfortunately, like Monica had no earned income and they're filing jointly, Roy and Monica can't claim the credit.</u>

3 0

3 years ago

The following items are reported on a company's balance sheet: Cash $210,000 Marketable securities 120,000 Accounts receivable (

valkas [14]

Answer:

See below

Explanation:

1. Current ration

= Current asset/Current liabilities

Current assets = Cash + Marketable securities + Accounts receivables + Inventory

= $210,000 + $120,000 + $110,000 + $160,000

= $600,000

Current liabilities = Accounts payable = $200,000

Current ratio = $600,000/$200,000

Current ratio = 3:1

2. Quick ratio

= Current assets - Inventory / Current liabilities

= ($600,000 - $160,000) / $200,000

= 2.2 : 1

3 0

2 years ago

Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $ 32 an hour.

zhuklara [117]

Answer:

Labor cost variance refers to the variance, which is determined by subtracting the actual direct labor cost from the standard direct labor cost associated with the product.

Explanation:

Given that:

Actual hours = 1,000

Actual rate = $48.15

Standard rate = $32 per hr.

Now,

Labor Cost variance = Actual hours * (Actual rate - Standard Rate)

Labor Cost variance = 1000 * (48.15 - 32)

Labor Cost variance = 1000 * 16.15

Labor Cost variance = 16,150

4 0

3 years ago