Answer:
Claes Oldenburg
Explanation:
This man was a famous sculptor, and his artwork focused on consumer life, described as in the question.
Answer:
<em>Regression Analysis</em>
Explanation:
Regression analysis <em>is a strong statistical approach for evaluating the relation among two or more important variables. </em>
Although there are many forms of regression analysis, they all analyze the effect on a dependent variable of one or more independent variables at their core
The income elasticity of demand is 1 which shows that if the prices are lowered the demand will increase. The quantity demanded will change as the price changes.
<h3>What is demand?</h3>
Demand is the want of a product this is influenced by the price and supply of the product. If the price of a product is increased the demand for the product will fall and if the price is lowered the demand will increase.
The demand is increased if prices are lowered and vice versa when the income elasticity of demand is positive which is the case for health care.
Learn more about Elasticity of Demand at brainly.com/question/27300772
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Brainstorming and also the infinity diagram can be used in group decision making.
Answer:
See below.
Explanation:
Contribution margin income statement is as follows,
Sales (4,550*305) 1,387,750
Less: Variable costs
Plastic for casting 127,400
Wages 423,150
Drum Stand 168,350
Variable selling 118,300
Contribution 550,550
Less: Fixed costs
Taxes on factory 9,500
Maintenance 19,000
Depreciation 79,000
Lease of equipment 19,000
Accounting staff 69,000
Admin staff 149,000
Profit before tax 206,050
Tax @ 40% 82,420
Profit after tax 123,630
Contribution margin per unit can be calculated as,
Contribution margin / unit = Total contribution / Number of units
Contribution Margin / unit = 550,550 / 4550 = $121/unit
Contribution margin % = 121/305 = 39.6%
Hope hat helps.