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3 years ago

What is business economy

1 answer:

7 0

Business economics is a field of applied economics that studies the financial, organizational, market-related and environmental issues faced by corporations.

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Over the past four years, the common stock of Jess Electronics Co. produced annual returns of 7.2, 5.8, 11.2, and 13.6 percent,

klasskru [66]

Answer:

Standard Deviation = 0.032 or 3.2%

Therefore, Option C) 3.22 percent is the correct answer

Explanation:

Given the data in the question;

lets make a table;

year market Treasury bills Risk deviation square of

returns returns premium from mean deviation

A B (A - B) Avg - (A - B) (Avg-(A-B))²

1 7.2% 3.4% 3.8% -0.0195 0.0004

2 5.8% 3.3% 2.5% -0.0325 0.0011

3 11.2% 4.1% 7.1% 0.0135 0.0002

4 13.6% 4.0% 9.6% 0.0385 0.0015

sum(∑) 23% 0.0032

Average Avg = ∑(A-B) /n = 23/4 = 5.75%

so Variance = ∑(Avg-(A-B))² / n-1 = 0.0032 / (4-1) = 0.0032 / 3 = 0.0010

Standard Deviation = √variance = √0.0010 = 0.0316 ≈ 0.032 or 3.2%

Therefore, Option C) 3.22 percent is the correct answer

3 0

3 years ago

In Exhibit 4-7, a 100 unit decrease in quantity demanded at every price level would cause the new equilibrium price to become:

olga_2 [115]

If there was a 100 units decrease at every price level, the new equilibrium price would be<u> $2.00.</u>

<h3>Equilibrium Price </h3>

Price where quantity demanded is equal to quantity supplied.

<h3>What is the New Equilibrium price?</h3>

Reducing by 100 units, all the quantity demanded units will lead to the following new units:

$10 - 100
$8 - 140
$6 - 270
$4 - 290
$2 - 310

We can see that at $2, both the demand and supply are at 310 units which makes this the new equilibrium.

Find out more on the equilibrium price at brainly.com/question/14203212.

4 0

2 years ago

The classical economists felt that saving would be equal to investment because

lozanna [386]

<span>Classical economists felt this way because of the idea of 'interest rate flexibility'. This means that the classical economists believed in the idea that the economy would even itself out, or that the economy was 'self-regulating'. This lends itself to the idea that saving would be equal to investment because it does not take into consideration any shift in the economy.</span>

6 0

4 years ago

g Bellingham Company produced 3,400 units of product that required 1.5 standard direct labor hours per unit. The standard fixed

QveST [7]

Answer:

the fixed factory overhead volume variance is $1,180 unfavorable

Explanation:

The computation of the fixed factory overhead volume variance is shown below

= (Actual activity - normal activity)× fixed overhead cost per unit

= (3,400 × 1.5 - 5,500) × $2.95

= (5,100 - 5,500) × 2.95

= 400 × 2.95

= $1,180 unfavorable

Hence, the fixed factory overhead volume variance is $1,180 unfavorable

Simply we applied the above formula so that the correct amount could come

8 0

3 years ago

Roselyn works for an event management company. her latest project as a party planner is a corporate event. she delegates tasks l

Alex_Xolod [135]

Roselyn's project is in the PLANNING phase of the project management. Project management generally are divided into six stages, which are: definition, initiation, planning, execution, monitoring and control and closure. The project planning stage is the phase in the project life cycle, that involves creating set of plans that will guide the overall execution of the project.

3 0

4 years ago