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Svetllana [295]
3 years ago
15

Kelly works at an ice cream shop and observes that the number of people buying ice cream varies greatly from day to day.For a co

uple of weeks she has recorded the number of people at the shop each day, as well as the daily temperature. If Kelly is using the scientific method to better understand ice cream buying habits, her next step is to:
a. conclude definitively that people buy more ice cream when the temperature rises.
b. use the observed data to form a hypothesis about ice cream buying behavior.
c. state her findings as a well-tested economic principle.
d. throw out the data if it does not show a perfect relationship between buying habits and the other information she has collected.
Business
1 answer:
Murrr4er [49]3 years ago
7 0

Answer:

B) use the observed data to form a hypothesis about ice cream buying behavior.

Explanation:

The scientific method is a research method where the first step is recognizing and identifying the problem ⇒ relevant information is obtained ⇒ a hypothesis is formulated ⇒ the hypothesis is tested.

In order for a research (that uses the scientific method) to be valid, the researcher must be able to duplicate the research process and obtain the same or similar results.

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Burnham Brothers, Inc. has no retained earnings since it has always paid out all of its earnings as dividends This same situatio
RUDIKE [14]

Answer: d. The market risk premium declines.

Explanation:

The Weighted Average Cost of Capital (WACC) takes into account the cost of equity and debt which means that if either of these costs increase, the WACC will increase as well and if any decrease, WACC will follow suit.

Market risk premium is used in the calculation of the cost of equity when using CAPM in the following manner:

= Risk free rate + Beta * Market risk premium

As can be inferred from the above formula, if the market risk premium declines, a lower cost of equity will result which would then reduce the WACC as well.

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3 years ago
Elaine supervises 30 sanitation engineers. She fills out a form that rates such factors as loyalty, cooperation, attendance, and
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Answer: i lkke mend

Explanation: for real the one i like i cant be for the you

7 0
3 years ago
Suppose that a 20 percent increase in the price of normal good Y causes a 10 percent decline in the quantity demanded of normal
maria [59]

Answer:

The coefficient of cross elasticity of demand is negative, and therefore these goods are complements.

Explanation:

Cross elasticity of demand is the proportionate change in the quantity demanded to the proportionate change in the price of the related goods.

Cross elasticity of demand is negative in case of complementry goods as proportionate increase in price of one goods lead to decrease in the demand of related goods as both are complimentry and demanded jointly. Example: Petrol and car.

Cross elasticity of demand is positive in case of subtitute goods as proportionate decrease in price of one goods lead to decrease in the demand of substitute goods. Example: Tea and Coffee.

8 0
3 years ago
Trey sells consumer electronics. He knows his customers weigh the costs versus the benefits associated with the different option
jekas [21]

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, the most appropriate answer is option (D) because value-based based sales-oriented business shows the concept that the seller provides the service of the more value as regarding the money charged to the customer.  

While the other options are not correct because of the following reasons:

  • Option (A) is not correct because retailing oriented business shows that the seller establishes a shop for the sale and the buyer chooses the product as he likes it.
  • Option (B) is not correct because the market-oriented business shows the concept of selling according to the market needs.
  •  Option (C) is not correct because production-oriented business shows the concept of selling on the basis of production of the product.
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3 years ago
A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firm
irina1246 [14]

A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firms when it is found guilty of antitrust violations.

<h3>What is antitrust laws?</h3>

These are laws established to protect the interest of the consumers by creating enabling environment for businesses to thrive. These laws prevent unfair business associations such as trusts contribute to competition.

Anti-trust laws are laws, meant to protect the customer from predatory practices by businesses such as collusion hence ensuring that there is competition in the market for the benefit of the consumer.

Learn more about antitrust laws here: brainly.com/question/13800256

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8 0
2 years ago
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