Answer:
c. The administrators should take a survey. They should sample a part of the student body, selecting respondents with a randomization method. They should be sure to draw a sufficiently large sample.
Explanation:
The Three Big Ideas of Sampling:
- Examine a Part of the Whole (take a sample)
- Randomize (ensures that represents the whole population)
- Sample Size (big but not too big)
Answer: lower
Explanation:
Variable costing is a method used in accounting whereby the manufacturing overhead will be incurred at the particular period when the product is produced.
In the absorption costing method, the indirect expenses which are the overheads and the direct costs are taken into consideration.
The variable costing helps to solve the issue regarding absorption costing which allows for an increase in income as there is am increase in production.
Answer: above its original value
Explanation:
An increasing-cost industry simply means the industries whereby there's a rise in the average costs when the output increases.
Demand increases in an increasing-cost industry which is in long-run competitive equilibrium. After full adjustment, price will be above its original value.
Answer:
Explanation:
the file attached shows the full explanation and i hope its explanatory enough
Answer:
they call their Federal Reserve District Bank, which delivers the requested amount.
Explanation:
The Federal Reserve System (popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America, which are commonly referred to as Federal Reserve District Bank.
The Fed provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
Hence, when commercial banks such as the regular banks in societies need more Federal Reserve Notes, they call their Federal Reserve District Bank to deliver the requested amount to them.
Additionally, currency in circulation includes all of the US paper currency (dollar bill) that are available in the country while reserves refers to the minimum deposits being held for the U.S Treasury and depository financial institutions by the Fed.
