This is the concept of business mathematics. The question requires us to calculate the profit margin given the that the cost of production is $20, variable cost is $12 and marginal cost is $18. Also we are told that the price per product is $15.
Profit=Revenue-Cost
Revenue=100*15=$1500
Total cost=20+12+18=$50
Therefore the profit margin will be:
1500-50
=$1450
Answer:
The correct answer is letter "E": A secondary market transaction.
Explanation:
The secondary market refers to all transactions of securities that happen after the stock's initial offering. It can also refer to the exchanges themselves where these transactions take place. The New York Stock Exchange (<em>NYSE</em>) and the National Association of Securities Dealers Automated Quotation (<em>NASDAQ</em>) are examples of secondary market exchanges.
Depends on the upcoming predicted sales when compared to the cost to run the buisness
Answer: the substitution bias
Explanation: The substitution bias shows the tendency of consumers of buying less costly good in place expensive one.
In the given case when the price of apple rises and the price of oranges falls then the consumer will purchase more of the oranges. In such a scenario the index will rise showing that the good which was purchased earlier by the consumers has risen however in the real world the consumer shave sifted their demand to a less expensive product.
Thus, it will lead to overstatement of substitution bias.
<h2>Real-time analytics is the technology used by online stores to present customized content.</h2>
Explanation:
Real-time analytics is the,
- combination of "Mathematics and logic"
- Analysis of date
- Enables business to react without any delay
- User can draw conclusion within a short span of time
- Provides insights of collected data
- To maximize the satisfaction of the customer
- To maximize the business by informing about promotion of the product
- Enables business to immediately react to data
Example:
- viewing orders that the customer has made
- Updating of cart
