Answer:
E. Cluster
Explanation:
Cluster sampling is a type of sampling method in which the population under study is divided into different groups known as clusters before simple random samples are selected from each population clusters. The analysis of such population is carried out based on the sampled clusters.
This method is adopted when a researcher does not have access to the whole population under research.
Advantages of cluster sampling.
The research method only needs fewer resources.
The sample under review is feasible.
Note: Cluster sampling is not as accurate as simple or stratified random sampling.
<span>A fast-food restaurant decides to raise the price of its hamburgers. assume the firm is in a monopolistically competitive industry. what will happen to the demand for its hamburgers? When the fast-food restaurant raises the price of hamburgers, some customers may stay and pay the higher price because they want that specific brand of hamburgers, other may go elsewhere to find them cheaper.
When prices raise, some customers stay because they are attached to that specific company, others leave because they want a burger but for a lower price.
</span>
<span>Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation
rising as real gross domestic product rises and unemployment falls, as
the economy moves along the Phillips curve. This is commonly described
as "too much money chasing too few goods".</span>
Answer:
B. just-in-time
Explanation:
Just in time (JIT) is an inventory management approach that is used by companies that want to reduce their inventory costs and they purchase their materials in smaller quantities whenever their productive system needs them. The goal is to keep the lowest possible inventory levels.
Answer:
Jackie's income, as she now needs to buy Converse and will have less to spend on other goods.
Explanation:
Jackie is a fashionista and so she would respond to trends. Since everyone around her is wearing converse, she would want to wear converses too. so her income would be affected as it would be reduced as she would buy the converse.
