Answer:
It helps giving you the ability to choose what you think is best for your business
Explanation:
Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).
What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.
Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?
That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.
Answer:
A) discrete random variable.
Explanation:
Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.
On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.
A complex random variable is a combination of two real random variables that have rel and imaginary parts.
True, A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible. Otherwise, the errors in the estimation get compounded.
What does market size actually mean?
- The total number of prospective customers for a good or service inside a certain market, along with the potential revenue from those sales, make up the "market size."
- For a number of reasons, it's critical to determine and comprehend market size.
What is an example of market size?
- For instance, a shoe company might find 100,000 people who are interested in its product, but data on income and accessibility reveals that only half of them have the resources to make a purchase.
- The market that is open in that situation has 50,000 potential customers.
Learn more about market size
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A bank savings account is one simplest type of bank account. It allows you to keep your money safely while earning through interest per month. Money in a savings account is useful for emergencies since they are insured. You also get a card which enables you to withdraw or deposit money into your account. Parent's usually take this type of account for their children for future purposes.
Answer:
The answer is: $3,289
Explanation:
<u>Date</u> <u>Units </u> <u>Unit price</u> <u>Inventory</u> <u>Average cost</u>
Purchases
Nov. 1 103 units $20 per unit $2,060 $20 per unit
Nov. 5 103 units $22 per unit $4,326 $21 per unit
Nov. 8 53 units $23 per unit $5,545 $21.41 per unit
<u>Nov. 19 30 units $25 per unit $6,295 $21.78 per unit</u>
TOTAL 289 units $21.78 per unit $6,295 $21.78 per unit
Sales
Nov. 16 -138 units $21.78 per unit $3,006 $21.78 per unit
Ending inventory
Nov. 30 151 units $21.78 per unit $3,289 $21.78 per unit
