Answer:
Cherry Jalopies, Inc.:
mean = (0.22 + 0.11 - 0.04 + 0.06 + 0.09) / 5 = 0.52 / 5 = 0.104
variance = [(0.22 - 0.104)² + (0.11 - 0.104)² + (-0.04 - 0.104)² + (0.06 - 0.104)² + (0.09 - 0.104)²] / 5 = (0.013456 + 0.000036 + 0.020736 + 0.001936 + 0.000196) / 5 = 0.007272
standard deviation = √0.007272 = 0.085276 = 8.53%
Straw Construction Company:
mean = (0.16 + 0.23 - 0.01 + 0.01 + 0.17) / 5 = 0.56 / 5 = 0.112
variance = [(0.16 - 0.112)² + (0.23 - 0.112)² + (-0.01 - 0.112)² + (0.01 - 0.112)² + (0.17 - 0.112)²] / 5 = (0.002304 + 0.013924 + 0.014884 + 0.010404 + 0.003364) / 5 = 0.008976
standard deviation = √0.008976 = 0.09474 = 9.47%
Answer:
I think that it is C I am not sure tho
Explanation:
Answer:
average cost is increasing
Explanation:
Answer:
Answer = B
Explanation:
If nit many people want a product the seller would lower the price to make it seem like a bargain or make it more affordable
Answer:
A. slopes upward
Explanation:
(I will include a picture in the attachment to help with the explanation)
Slope upward represent the increase in quantity as the price goes up.
As the price of a product is increased, the potential profit that the producer can generate is also higher. Because of this, they become motivated to supply more product for the customers. They will increase their production output and increase the amount of distributions to the market.
This is why the slope will become upward like the picture above.