Answer:
Yes, Loan would meet our requirement to commute for an impressive summer internship program next year
<u>Explanation:</u>
Taking a loan would meet our requirement of buying a car. We will be able to make the downpayment. This will enable us to buy a car. So the decision to take the loan will be valid.
It will help us in commuting easily for the summer internship program. We will immediately get the car after making down payment and will avail of the benefits of using the car. This is a healthy type of debt.
Answer:
A. Simple random sample, E. Stratified sample F. Cluster Sample
Explanation:
Probability sampling is a sampling techniques that choose a sample or a group from a larger population. Examples of this sampling techniques include: Simple random sample, stratified sampling, cluster sampling, systematic sampling among others.
Probability sampling basically gives the population an equal chance of been selected as a representative sample.
Answer:
I think, it is B im not too sure.
Hope this helped!
Explanation:
Answer:
b
Explanation:
According to Marshall Laws of Derived Demand, labor demand is more inelastic in the following circumstances :
- the cost of employing labour constitutes a small proportion of the total cost of production.
- the demand for the product is relatively inelastic
- labour cannot be easily substituted for in the production process
- when the supply of other factors of production is inelastic
Answer:
<em>Gross Profit= Sales - Cost of Goods Sold</em>
Cost of Goods sold of 1 unit = $ 450,000/50,000
= $ 9
Cost of Goods Sold of 45,000 units = 45,000 * $ 9
= $ 405,000
<em>Gross Profit of 45,000 units = Sales revenue of 45,000 units - Cost of Goods sold of 45,000 units</em>
= 45,000 * $ 15 (Per Unit rate) - $ 405,000
= $ 675,000 - $ 405,000
= <em>$ 270,000 i.e. option b</em>
Explanation:
Refer to the answer.
