Answer:
0.32 or 32%
Explanation:
Cost of living adjustment = 162-125/125=0.32
A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the<u> normal distribution.</u>
A symmetrical distribution about the mean, such as the normal or Gaussian distribution, indicates that data points closer to the mean occur more frequently than data points further from the mean.
The normal distribution is represented graphically by a bell curve. A bell curve of probabilities is more properly known as the normal distribution. The standard deviation is one and the mean is zero in a normal distribution. Its kurtosis is 3, and its skewness is 0. Not all symmetrical distributions are normal, but all normal distributions are symmetrical. The normal distribution can be thought of as a rough approximation of many naturally occurring events. However, most price distributions in finance are not normally distributed.
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Answer:
C. Gross Domestic Product
Explanation:
Gross Domestic Product (GDP) is the total value of the goods and services produced in the nation in a year. It measures the value of economic activity in any country. It is the sum of market values, or prices of all the final good, services produced in the country. It shows the worth of the output of any nation in their local currency. It can be calculated with the help of the formula which has been manifested below:
GDP = C + I + G + (X – M)
(where
C = Private consumption
I = Gross investment
G = Government investment + government spending
X = Exports
M = Imports)
Answer:
See below
Explanation:
Direct materials :
$18
Direct labor :
1.9 hours × $18 labor costs
$34.2
Overhead
1.9 labor hours × ($1.50 fixed rate + $1.0 variable rate)
$4.75
Total unit cost
$18 + $34.2 + $4.75
$56.95
Cost to produce 640 chairs :
640 chairs × $56.95 per chair = $36,448
Answer:
B. To Purchase the laser printer
Explanation:
Rational Choice theory states that individuals should use rational calculations to make rational choices and achieved outcomes in line with their own personal objectives.
Therefore, having understood that,
Rational calculations to be used here give the data would be calculating Marginal Utility per dollar spent on each commodity.
For the the BMW, marginal utility per dollar = MU/Cost of BMW = 800/40000
= 0.02
For the laser printer, MU per dollar = MU/Cost of printer = 25/1000
= 0.025
Since MU per dollar of the laser printer (0.025) is greater than the MU per dollar of BMW ( 0.02), Jason should choose the Laser printer following rational choice theory.