Answer: The answers are given below
Explanation:
A. What is the ACNielsen organization attempting to measure?
ACNielsen organization attempting to measure the Television Rating Point of the major television network. The TRP helps us to know the programmes that the viewers watch the most.
B. What is the population?
The population will have to be the viewers who watch the programmes and the television networks in the United States.
C. Why would a sample be used for this situation?
Sampling is when few people are selected from a larger population in order to carry out an experiment. In this situation, sampling is required because gathering data from the larger population will be time consuming and costly.
D. What kinds of decisions or actions are based on the ACNielsen studies?
A new strategy can be devised by the television networks of they know the number of people or the particular age group who normally watches the programmes, then they can tune their strategy towards that direction.
Answer:
Supply and demand
Explanation:
First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.
The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".
Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".
For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.
Answer:
B. $2,300.
Explanation:
The computation of the ending inventory using FIFO method is given below:
Since there are 5 diamonds and one is sold
So, the ending inventory units should be
= 5 - 1
= 4
Now the ending inventory be
= 2 × $600 + 2 × $550
= $1,200 + $1,100
= $2,300
Hence, the option b is correct
