If a group of students are measuring the number of paper bags brought to a recycling center in a single day, they are collecting data.
Stating a hypothesis is making an educated guess as to how many bags would be brought to the recycling center each day.
Drawing a conclusion would be when all of the data has been collected and examined.
Analyzing data would be going back to look at the collected data from the research project to see if the hypothesis was correct, what determinations were made and if any discoveries were made.
The purchases discount account or discounts received account.
Answer:
$400,000
Explanation:
Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment
Differential revenue= $200x2,000 units
Differential revenue= $400,000
Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000
The change in the amount sold will be greater when the price elasticity of demand is greater than 1. (option 3).
<h3>What is price elasticity of demand?
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Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is elastic when the coefficient of demand is greater than one. This means that for a small change in price, the quantity demanded would be greater.
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
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