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Luda [366]
3 years ago
6

Which of the following involves gambling?

Business
1 answer:
Rzqust [24]3 years ago
8 0

Answer:

Which of the following involves gambling?

You bet that your school's team, which has won its last ten games in a row, will beat its rival in the next game.

Explanation:

You bet that your school's team, which has won its last ten games in a row, will beat its rival in the next game, this would be available on every bookies as it involves teams that are playing against each other

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Grandfather clocks have a particular market in auctions. One theory about the price at an auction is that it is higher when ther
anastassius [24]

Answer:

t value is 1.495

Explanation:

The null and alternative hypothesis are :

H0 : mu = 1327

ha: mu > 1327

This is a one tailed test

Critical value = 1.771

at 0.05 significance level with df = 14-1 = 13

test statistics:

s = 411.53, n = 14

t = (xbar -mu)/(s/sqrt9n))

= ( 1491.43 - 1327)/(411.53/sqrt(14))

= 1.495

Decision:

Reject H0 if tstat > 1.771

Fail to reject H0

5 0
4 years ago
Agatha is starting a small jewelry design business called "budget beads and baubles," and she plans to design jewelry that is ai
seropon [69]
<span>Agatha is starting a small jewelry design business called "budget beads and baubles," and she plans to design jewelry that is aimed at teens and young adults. agatha's target market is based on demographic factors.

Demographic factors are </span>s<span>ocioeconomic characteristics of a population expressed statistically, such as age, sex, education level, income level, marital status, occupation, religion, birth rate, death rate, average size of a family, average age at marriage.</span>
3 0
3 years ago
Which of the following refers to the costs of production that fluctuate depending on the number of units​ produced? A. Total cos
Natalka [10]

Variable cost refers to the costs of production that fluctuate depending on the number of units​ produced.

<h3><u>Explanation:</u></h3>

The cost of any product that changes based on the quantity of goods that are produced. The volume that is produced decides the fluctuations in the variable cost. Fixed cost is the cost that will not change based on the number of units of the goods that is produced. Rent of a building can be considered as a fixed cost.

Example for variable cost may be raw materials cost, packaging cost,etc. Variable cost can be calculated by adding up the cost of labor and raw materials that are used in the production of one unit of a good. The total variable cost can be calculated by multiplying   variable cost per unit with the number of units produced.

3 0
3 years ago
If a shortage exists in a market, the natural tendency is for:
ASHA 777 [7]
A shortage in the marketing occurs if the quantity demanded is larger than the quantity supplied. If a shortage exists in a market, the natural tendency is for the price to increase. Gas is a great example if price increases when there is a shortage within the market. Whenever there is a shortage in gas we often see the price of gas driving upwards of cents to dollars more per gallon. This happens because the market is aware that even with the increase in price, people still need purchase gas to live daily life. Therefore, as it's rising in price, people are still purchasing and likely it will keep climbing for a little while. 
6 0
4 years ago
Holdup Bank has an issue of preferred stock with a $8 stated dividend that just sold for $92 per share. What is the bank's cost
kkurt [141]

Answer:

Discount rate will be 8.6 %

Explanation:

We have given that dividend = $8

And stock is given as  = $92

We know that stock value is given by

We have to find the discount rate

Stock value =\frac{dividend}{discount\ rate}

So discount rate =\frac{dividend}{stock\ value}=\frac{8}{92}=0.086=8.6 %

So discount rate will be 8.6 %

8 0
3 years ago
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