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Papessa [141]
3 years ago
11

Types of Economic Data For each of the following e whether the data are cross-section, time series or panel data. (a) Quarterly

data on the level of U.S. new housing construction from 2000 to 2018. (b) Data on number of doctor visits in 2018 for a sample of 192 individuals. (c) Data on annual health expenditures for each U.S. state from 2000 to 2018. (d) Data on usual mode of transportation used to commute to work for a sample of 151 individuals. xamples state whether the data are numerical or categorical, and state
Business
1 answer:
Nitella [24]3 years ago
3 0

Answer:

A. Time series

B. Cross Sectional

C. Panel

D.  Cross Sectional

Explanation:

(a) Quarterly data on the level of U.S. new housing construction from 2000 to 2018, Time series data, numerical

(b) Data on number of doctor visits in 2018 for a sample of 192 individuals. Cross sectional data, numerical

(c) Data on annual health expenditures for each U.S. state from 2000 to 2018. Panel Data, Numerical

(d) Data on usual mode of transportation used to commute to work for a sample of 151 individuals. Categorical

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planning concerned with long-range decisions such as defining the scope of business is referred to as
oksano4ka [1.4K]

Answer: strategic planning

Explanation:

A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.

Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.

The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.

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3 years ago
Dake Corporation's relevant range of activity is 3,200 units to 8,000 units. When it produces and sells 5,600 units, its average
Sladkaya [172]

Answer:

$22,780

Explanation:

The computation of the  total amount of indirect manufacturing cost incurred is shown below:

= Variable manufacturing overhead + fixed manufacturing overhead

where,

Variable manufacturing overhead  = Number of units produced × variable manufacturing overhead per unit

= 4,600 units × $1.30

= $5,980

Fixed manufacturing overhead  = Number of units produced and sold × fixed manufacturing overhead per unit

= 5,600 units × $3

= $16,800

So, the total indirect manufacturing cost is

= $5,980 + $16,800

= $22,780

6 0
3 years ago
The business practice of hiring workers in another country is known as
gulaghasi [49]
It's known as Outsourcing

a lot of companies in the United States outsource their jobs to the workers in outside country since they can get a same result with lower price. ( usually the companies only outsource the lower and menial jobs such as data entry or handling costumer service)

Currently The most outsourced countries in the world came from India and those in south east Asia
5 0
3 years ago
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Which of these are good ways to find a buyer’s agent?
levacccp [35]

it's e interview agents

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3 years ago
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In a perpetual inventory system: Multiple Choice Merchandising transactions are recorded as they occur. No effort is made to rec
lord [1]

Answer:

In a perpetual inventory system:

<em>1)Merchandising transactions are recorded as they occur</em>

<em>3) Entries are made in the Cost of Goods Sold account whenever merchandise is purchased or sold</em>

<em>4)The need to take physical inventory is eliminated</em>

Explanation:

In a perpetual inventory system: Merchandising transactions are recorded as they occur.

In periodic system :No effort is made to record the Cost of Goods Sold until year-end. Entries are done at the year end.

In a perpetual inventory system:Entries are made in the Cost of Goods Sold account whenever merchandise is purchased or sold. Costs are assigned to the cost of goods sold each time a sale occurs in a perpetual inventory system.

In a perpetual inventory system:The need to take physical inventory is eliminated.But still it is done to assure the ending inventory.

In periodic system : the physical count cannot be eliminated.

8 0
3 years ago
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