<span>a. P | Q | TR | MR | TC | pi
24 10,000 240,00 -- 50,000 190,000
22 20,000 440,000 20 100,000 340,000
20 30,000 600,000 16 150,000 450,000
18 40,000 720,000 12 200,000 520,000
16 50,000 800,000 8 250,000 550,000
14 60,000 840,000 4 300,000 540,000
b.Profits are maximized at a price of $16 and quantity of 50,000. At that point
profit is $550,000.
c. As Johnny's agent, you should recommend that he demand $550,000 from
them, so he instead of the record company receives all of the profit.</span>
Answer:
b) 0.0751
c) We cannot afirm whether eating out or dinning in is cheaper
d) do not reject neither.
<u>Questions:</u>
(a). Develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home.
(b). Using the sample from the 100 restaurants, what is the p -value?
(c). At α = .05 ,what is your conclusion?
(d). Repeat the preceding hypothesis test using the critical value approach
Explanation:
(b)
We use excel function to get the Pz which is .0751
(c). 0.0751 > .05 , We cannot reject the hypotesis. Thus, we can neither say dinning in is more cheap nor eating out is cheaper.
(d). With = 99 , t .05 = −1.66 Reject H 0 if ? ≤ −1.66 −1.45 > −1.66 , do not reject
Degrees of freedom = n − 1 = 99 and Pz of 0.05 = -1.66
Reject when Pz < of -1.66
-1.45 > 1.66 threfore we cannot reject the hypotesis.
Answer:
SWOT analysis
Explanation:
SWOT analysis -
It refers to the planning method , which is adapted by the organisation or person , in order to analyse and determine the weakness , strength and opportunities for the organisation , is referred to as SWOT analysis .
The method is useful for the betterment of the organization or company .
Hence , from the given scenario of the question,
The correct term is SWOT analysis .
Answer:
The correct answer is letter "A": Expensed in the period incurred.
Explanation:
Research and Development (R&D) costs are spent on the development of new products that could or could not end up being commercially offered. These kinds of costs are usually expensed at the same time they are incurred. According to the U.S. Statement of Financial Accounting Standards, the R&D costs cannot be capitalized.
