Answer:<em> </em><u><em>Random sample</em></u> is the type of data collection procedure was most likely used to collect the data for this study.
It is a sample distribution that is selected randomly. It could be more accurately called a indiscriminately chosen sampling. These are used to deflect preconception and other effects.
<em><u>Therefore, the correct option is (c).</u></em>
Answer:
Therefore option A is correct.
All firms selling corn must have the same MC regardless of each firms cost structure
Explanation:
In the perfectly competitive market, for profit maximization we set P = MC
In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm
Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.
Answer:
C. Diversification
Explanation:
Diversification describes the segments and niches a company operates in. Also, diversification doesn't only refer simply to a number of those segments. In other words, a company that has numerous segments that are related to each other does not necessarily need to be diversified.
In order to have a high diversification rate, a company has to operate in a number of businesses and segments that are not similar to each other.
Answer:
a. a flood that destroys a great deal of the corn crop?
The flood decreases the supply of corn and shifts the supply curve to the left which increases the price and decreases quantity in the market.
b. a rise in the price of wheat (a substitute for corn)?
Substitute goods are purchased in substitution as a rise in the price of one increases the demand for other and vice verse.
The rise in price of wheat increases the demand for the corn which shifts the demand curve to the right and increases both price and quantity.
c. a change in consumer tastes away from corn dogs toward hot dogs?
The change in tastes decreases demand which shifts demand to the left and decreases price and quantity both.
d. an increase in the number of demanders in the corn market?
The increase in buyer increases demand and both price and quantity increase as demand curve shifts to the right.
Explanation:
Answer:
are making a large purchase.
Explanation:
A mortgage is a long term debt. It takes at least five years to repay a mortgage. In practice, mortgages are issues for between 10 and 30 years.
Mortgages are ideal for purchases requiring a colossal amount of money. For example, the purchase of homes, land, plants, and equipment. The repayment of the amount borrowed to facilitate such purchases is spread over many years. This enables the borrower to repay the loan in affordable monthly installments.
