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4vir4ik [10]
3 years ago
15

Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster.To determine customer opinio

n of their pricing​,Greyhound Linesrandomly selects 80bussesduring a certain week and surveys all passengers on the busses.Which type of sampling is​ used?
A. Cluster
B. Systematic
C. Convenience
D. Random
E. Stratified
Business
1 answer:
8_murik_8 [283]3 years ago
7 0

Answer:

<em>A. Cluster </em>

Explanation:

Cluster sampling makes reference to a technique of sampling. <em>The researcher splits the population into different groups through cluster selection, called clusters.</em>

Next, a simple random selection of clusters is selected from the population. The researcher performs his study of sampled cluster data.

Cluster sampling has advantages and disadvantages comparable to simple random sampling and stratified sampling.

Cluster sampling, for example, is typically less reliable than either simple random sampling or stratified sampling given equal sample sizes.

On the other hand, if cluster travel costs are high, cluster sampling could be more price-effective than other approaches.

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Explanation:

The given question cannot be answered as little information is provided.  However it shall be an amount if $21,580,000. For, complete analysis we need to understand  the current prices and various other variable costs. We know that the contribution margin is the Sale Price (SP) minus the Variable Cost (VC). It is the number of sales per unit that will be available to service fixed expenses and to generate the profit.

Therefore, to determine a more detailed answers more inputs are needed.  

8 0
2 years ago
Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
In which of the following scenarios would you have the most money at the end of the year? 3% compounded yearly 2% compounded mon
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4 0
3 years ago
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Which of the following is an example of a price floor​? A. Safeway charges​ $1 more than Fred Meyer charges for a 5 pound bag of
Snowcat [4.5K]

Answer:

C. The government guarantees that potato farmers will receive at least​ $50 a ton.

Explanation:

Price floor is implemented by the government or a group where price control is imposed or limit is placed on how low a price a product can be sold.

For price floor to be effective it must be higher than the equillibrum price.

Equillibrum price is the price at which quantity consumers are willing to pay for is equal to quantity suppliers re willing to sell.

Price floors are usually used to keep commodity prices from going too low.

So if the government guarantees farmers will receive at least $50 per ton of potato, they are setting a price floor of $50.

4 0
2 years ago
When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by?
schepotkina [342]

When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

<h3>What is Net operating income?</h3>
  • Net income in business and accounting is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period..

  • Net Operating Income, or NOI for short, exists a formula those in real estate use to quickly calculate the profitability of a particular investment. After deducting essential operational costs, NOI calculates the revenue and profitability of investment real estate property.

  • By deducting all annual expenses from income, the NOI formula determines how profitable a potential investment property is over the course of a single year.

  • After all costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses.

  • Net income, on the other hand, represents the profit remaining after all costs incurred in the period have been subtracted from revenue generated from sales.

Hence,  When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

To learn more about Net operating income refer to:

brainly.com/question/15834358

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4 0
1 year ago
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