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Black_prince [1.1K]
3 years ago
8

The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random

sample of the price of 10 computers was taken with the following results; $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 What is the 65th percentile?
A. $1,446.5
B. $2,617
C. $3,415.75
D. $3,587
E. $4,212
Business
1 answer:
Natali [406]3 years ago
8 0

Answer:

C. $3,415.75

Explanation:

1   1.127,00  

2   1.482,00  

3   2.995,00  

4   3.009,00  

5   3.250,00  

6   3.250,00  

7   3.445,00  

8   3.449,00  

9   4.000,00  

10   6.120,00  

3.415,75  

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Japan must give up the production of 75 computers to produce 25 additional cellular telephones. The opportunity cost of producin
LenKa [72]

Answer:

One

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If Japan decides to produce computers, it forgoes the opportunity of producing phones

Opportunity cost of one computer = 25/75 = 1 /3

Opportunity cost of producing 3 computers 3 ×(1/3)= 1 phone

I hope my answer helps you

7 0
3 years ago
In comparing money to a share of microsoft stock held by an individual, we can say:_______.
Anastaziya [24]

In comparing money to a share of Microsoft stock held by an individual, we can say, only the money is a means of payment, but both are stores of value.

In order to serve as a medium of exchange, money is very widely accepted as a method of payment. When comparing money to a share of Microsoft stock which is held by an individual, it can be said that money is a means of payment, but here the stock and money both are stores of value.

As a store of value, money is not unique as there are many other stores of value exist, such as stocks, land, works of art etc. Money may not even be the best store of value because it depreciates with inflation.

Hence, money is a means of payment, but together with money, stocks can also be stores of value.

To learn more about stocks here:

brainly.com/question/12737015

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7 0
2 years ago
What warranty is created when a merchant affirms that the goods meet certain standards of quality, description or condition?
Karo-lina-s [1.5K]

Answer:

An express warranty

Explanation:

Express warranties can be made in writing, orally or even inferred by the salesperson's conduct. Even if the salesperson made a mistake by offering an express warranty, it is still valid. An express warranty states that a good or service will specifically be a certain way, or perform in a certain way. When a salesperson shows a model of the good, that is considered a express warranty that the good will be the same as the model.

8 0
2 years ago
Fitch Ratings a credit rating agency, recently downgraded Vermont's debt rating from AAA to AA, citing the state's economy and c
Natalija [7]

Answer:

a. Increase the direct costs of the state's debt.

Explanation:

When a bond's rating is downgraded is a signal to the investors that investing in the bond now is riskier than it was prior to the rating downgrade, hence, a perceived higher risk using the risk/return relationship means that the bond issue would have to offer a higher return to entice the investors to invest in the bonds.

As a result, the higher required rate of return translates into a higher direct cost of the state's debt since their interest rate offered has increased

5 0
2 years ago
Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours p
8_murik_8 [283]

Answer:

1,333.33

Explanation:

Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

total labor hours = 25milion x 36 hours per week

                            = 900 million

labor productivity = GDP ÷ total labor hours

labor productivity = $1,200 billion ÷ 900 million

                                $1,333.33 per hour

4 0
3 years ago
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