Answer:
Option (c) is correct.
Explanation:
Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.
Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.
Answer:
Analysis of the Big Bart line discontinuity
Opportunity Costs :
Sales ($201,000)
Savings :
Variable Costs $175,000
Fixed Costs ($30,700 - $19,800) $10,900
Financial Advantage / (Disadvantage) ($15,100)
Conclusion :
Do not eliminate / discontinue Big Bart line.
Explanation:
The results show that closing Big Bart line results in a contribution towards fixed cost being lost to the amount of $15,100. Therefore leaving the entire company in a worse off position.
Set the significance level of the probability of making a type error to be small 0.01, 0.05, or 0.10 compare the P value to if the P value is less than or equal to reject the no hypothesis in favor of the alternative hypothesis.
Answer:
B. Brand B, 10 oz. bag for $3.90
Explanation:
The lowest per unit cost of different brands can be calculated using the following formula
Cost per oz=Cost per bag/number of oz in that bag
Brand A Cost per oz=3.60/8=$0.45
Brand B Cost per oz=3.90/10=$0.39
Brand C Cost per oz=6.50/16=$0.406
Brand D Cost per oz=0.59/1=$0.59
So the answer is B. Brand B, 10 oz. bag for $3.90
Answer:
This question does not have a single possible answer, as it depends on whether the different personalities are antagonistic or complementary to define whether it is easy or difficult for people with these personalities to work together.
Thus, for example, if one person is irascible and the other is calm and understanding, most likely both personalities complement each other without problems and can work together. On the other hand, if a person with a haughty and arrogant personality is added to the irascible personality, it is most likely that both will give each other negative feedback, making it almost impossible to work together.
