Answer:
c. Domestic production of coffee falls, and Ectenia becomes a coffee importer.
Explanation:
As with a change in economic situations related to an individual product, it impacts the nation trading worldwide of that product.
In the given instance the domestic price of coffee falls, and then with this it is obvious that demand tends to increase, also because of decrease in price the contribution of companies domestically tends to decrease, therefore, the companies might not further produce coffee.
And with the resulting demand the country would have to import coffee beans.
Therefore, the correct answer is:
c. Domestic production of coffee falls, and Ectenia becomes a coffee importer.
Answer: to historical performance or budget
Explanation:
A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.
This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.
If the profit center exceeds either of these then they are performing well.
The SSE measures the variation in the
dependent variable that is explained by variables other than the independent
variable in simple regression analysis.
<span>SSE stands for Sum of Squares Error.
There is a straight line that fits an ordered pair series (x,y), simple
regression analysis allows us to describe that straight line.</span>
Answer:
The answer is: $0
Explanation:
Government entities have to record grant revenue during the period that they occur. The city received notice of this grant last year, so they recorded the grant revenue in last year's financial statements. If they recognize any grant revenue this year, it must come from a new grant.
