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frozen [14]
3 years ago
9

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean

monthly rental cost?
Business
2 answers:
Temka [501]3 years ago
7 0

Answer:

$13,130.4

Explanation:

Mean is a measure of average. It is used to calculate the average of a given set of data.

Mean = Sum of Terms/Number of Terms

Monthly Mean Rental Cost = Total rental cost / Number of rents

= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5

= $65652/5

=$13,130.4

alexdok [17]3 years ago
7 0

Answer:

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean monthly rental cost?

Mean = ∈fx/x

Mean= 6350+5745+11870+15255+26432/5

Mean= $13130.4

Explanation:

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A manufacturer tries to benefit by using scarce resources in the following ways -  

Scarce resources will reduce the cost of production leading to maximum profits.  

Lesser cost of production will make it more budget friendly and popular among the customers.  

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Blake Edwards has done some research and has discovered that economists believe interest rates will rise significantly over the
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Economic conditions

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Assume that the CEO of a company gave you the project charter specifying your authority, among others to work on an initiative p
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Characterize a project based on the above narration and distinguish the project manager from an operations manager?

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4 0
3 years ago
Which of the following is a difference between outsourcing and inshoring?
Strike441 [17]

Answer: Option (A) is correct.

Explanation:

Outsourcing is known as the agreement under which one organization hires or employee another organization in order to be responsible existing or  for a planned activity that tends to be done internally, and at times involves transferring workers and assets from an organization to another.

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4 0
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Snowcat [4.5K]

Answer: The longer the time period that funds are invested, the greater the future value.

Explanation:

When we are discussing about the time value of money, we are simply saying that it's better for one to have money today than wait till the future to have that particular amount of money. For example, if someone tells you to either collect $100 today or wait till next month to collect the $100 bill. According to the time value of money, it's better to collect it now as the person can invest with it and by the time it's a month, the value of the money will be more than $100.

The longer the time period that funds are invested, the greater the future value. This is because for example if for example one keeps $100 for 1 year at 6% per annum, the interest will be $6 for a year but if it's kept for 5 years, the simple interest will be $30.

This shows that the longer the time period that funds are invested, the greater the future value.

8 0
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