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Fantom [35]
3 years ago
11

An estimated demand curve does not necessarily match actual data perfectly because A. it is not possible to accurately calculate

the coefficients of the curve. B. demand is unpredictable. C. some factors that are not measured or observed may affect the curve. D. the random error term has too large of a range.
Business
1 answer:
LekaFEV [45]3 years ago
5 0

Answer:

C. some factors that are not measured or observed may affect the curve.

Explanation:

a lot of unforeseen circumstances might occur. these occurrences would not be measured in the estimated demand curve. this would lead to the estimated demand curve not matching the actual demand curve.

for example, the factors affecting the demand for bread are ; price, income, price of a substitutes. these are included in estimating the demand curve for bread. Assume that a study comes out stating that bread is harmful to the health.this reduces the demand for bread. this study wasn't anticipated and included in estimating the demand curve. as a result, the actual data would differ from the estimated data  

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sineoko [7]
Either that its more tasty or more healthy, or maybe even buy one get one free or half off
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The cpi is a measure of the overall cost of the goods and services bought by __________. a a typical consumer, and the cpi is co
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3 years ago
World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company
slega [8]

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

                              Applied to fixed overhead

Overhead fixed by DL hr.         =\frac{50000}{25000}\ \ \ \ \ \ \ \ \ \ \ =2

DL hours standard   =35000 \times \frac{25000}{50000 \times 80\%}  \ \ \ \ \ \ \ \ \ \ \ \ =21875

Application of fixed overhead = 21875 \times 2.0 \ \ \ \ \ \ \ \ \ \ = 43750

                                 Variance in volume

Application of total fixed overhead  = \$43,750

Fixed total estimates Superfast  =\$50,000  

Variance of volume  = \$6,250

5 0
2 years ago
Cion 3
Natali [406]

Answer:

i think c

Explanation:

...hope this helps?

3 0
3 years ago
Equilibrium levels of income and interest rates are ______ related in the goods and services market, and equilibrium levels of i
dsp73

Answer:

The correct answer is option D.

Explanation:

The income and interest rates are inversely or negatively related in the goods market.

An increase in interest rate would lead to increase in the cost of borrowing.As a result the capital investment will fall. This would further contribute in a decline in the production. This ultimately causes income level  to decline.

In the money market though equilibrium levels of income and interest rate are positively related.

The equilibrium in the money market is determined by the intersection of demand for money curve and supply of money curve.

The demand for money depends on transactionary and precautionary motives. When there is an increase in income, the transactionary demand for money will increase as people will spend more. The increase in demand would cause the interest rate to rise.

In this way, income and interest rate arepositively related in the money market.

7 0
3 years ago
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