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3 years ago

What is the mean, to the nearest tenth, of the numbers 22, 22, 27, 29, 30, 34, and 38?

Business

1 answer:

ICE Princess25 [194]3 years ago

8 0

The answer is 28.9 because you add all the numbers together and divide by 7. The answer is 28.8 which rounds to 28.9.

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Bed & Bath, a retailing company, has two departments: Hardware and Linens.

LUCKY_DIMON [66]

Answer:

Net Operating Income will decrease by $503,080.

Explanation:

Sales of Hardware after 12% decrease will be $3,100,000 * 88% (100 - 12) = $2,728,000

Variable Expenses of Hardware after 12% decrease 891,000 * 88% (100 - 12) = $784,080

Net Operating Income of Hardware after 12% decrease = $623,920

The sunk cost for Linens fixed cost will be deducted to find the total of net operating income

$623,920 - $375,000 = $248,920

$248,920 is the net operating income after dropping Linens

The increase or decrease is calculated by finding the difference between current and old total net operating income

$248,920 - $752,000 = $503,080

3 0

3 years ago

Why would the supply curve of a dog walking business be considered elastic

AURORKA [14]

Answer:

C. because it can hire workers quickly if the price rises

Explanation:

Demand is said to be elastic if a small change in price causes a significant change in the quantity demanded. For example, if the price commodity Z increases by a small percentage and the demand falls by a bigger percentage, commodity z has elastic demand. Elastic demand is about the responsiveness of quantity demanded due to changes in price.

The supply curve illustrates the relationship between price and the quantity demanded. If demand is elastic, a change in price will result in a big movement along the supply curve. If the price of labor for walking dogs decreases by a small percentage, and the demand for dog walkers increase, then the dog walking business has elastic demand.

4 0

3 years ago

The transportation model, when applied to location analysis: maximizes revenues. minimizes total fixed costs. minimizes total pr

NikAS [45]

Answer:

Correct Answer:

4. minimizes total transportation costs.

Explanation:

When a good transportation method is applied, it helps in minimizing the transportation cost involved in moving goods and services from one location to another. <em>For example, it cost 2 million dollars to transport a particular product. With good transportation model, it would definitely be cheaper.</em>

5 0

3 years ago

Although most people want maximum attainment of every economic goal, there is the operating reality of ________________________

bixtya [17]

Although most people want to maximum attainment of every economic goals, there is the operating reality of opportunity cost that causes us to give up some of one thing if we want more of another.

<h3>What is Opportunity Cost?</h3>

Opportunity cost is a concept in economics and it refers to the cost of something that has to be given up to enjoy something better. This can be for example the benefits of second best alternatives (when the first best is chosen) or alternative use of something, which is not decided on (the cost of not using land for farming and using it for building a house instead).

It is the amount or benefits an individual or organization get when they choose a particular products over another one.

The advantage could be monetary benefits.

Therefore, we can conclude that Although most people want to maximum attainment of every economic goals, there is the operating reality of opportunity cost that causes us to give up some of one thing if we want more of another.

Learn more about Opportunity Cost on:

brainly.com/question/1549591

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8 0

2 years ago

Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their

Reil [10]

Answer:

making it illegal to "disturb the peace."

Explanation:

The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.

6 0

3 years ago