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m_a_m_a [10]
3 years ago
9

"Gathering information from potential customers in an effort to determine their preferences is an example of using statistics in

the field of ________."
Business
1 answer:
nadya68 [22]3 years ago
4 0

Answer:

Marketing Research

Explanation:

Marketing Research

This is the process of investigating collecting , analyzing and interpreting informatiom about a market of a particular product or service to be rendered for sale in the market , and about the past, present and potential customers for the product or service; research into the characteristics, their spending habits, location and needs of your business's target market, the industry as a whole, and the competitors you face

Accurate information about your customers needs will ensure the sales of your product and service.

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Scenario 22-3: Economy of Centralia Centralia has no trade and no government. GDP = $25 trillion. Consumption Spending = $18 tri
erastovalidia [21]

Answer:

The level of private saving in Centralia is $7 trillion.

Explanation:

The economy of Centralia has no trade and no government.

The level of GDP is given as $25 trillion.  

Consumer spending is $18 trillion.  

The level of private savings, in this case, will be the difference between the GDP or total income and consumption spending.  

Private savings  

= $25 trillion - $18 trillion

= $7 trillion

8 0
3 years ago
Best tips for the FAA checkride?
dedylja [7]

Answer:

1.) Prepare very well

2.) Do not entertain fear

3.) Get your paper work ready

4.) Know the route

5.) Know the basics in and out

Explanation:

Checkride is a practical flight test which student pilots after months of flight training and ground school, must pass after which they have their new pilot certificate. 

1.) Prepare the PTS (practical test standards) thoroughly, the minimum altitudes for each flight maneuver in particular. Before you appear for your FAA checkride.

2.) There is no use to over study new information at the last minute. Sleep early and wake up relaxed and refreshed and eat healthy breakfast. 

3.) Make sure to go through your 8710 airman certificate application and then make your flight instructor to do the same. Check your airport directory and sectional charts and make sure they are current

4.) Make sure to understand the route for your flight plan that the examiner asked you to plot and also the route to an alternate airport.

5.) Your examiner doesn’t expect you to know everything, but he or she will just check how good you are at the basics of the aeronautical knowledge. 

4 0
3 years ago
In the past, work was organized into central buildings located in central locations (like cities) in order to facilitate face-to
Ghella [55]

Answer:

Telepresence unveil the likelihood that international firms can be accomplished far more expeditiously, with abundant fewer trade and administration travel, and through larger preciseness and hustle, than is presently the circumstance. At intervals a rustic, there would be abundant fewer would like for big integrated headquarters. Employment, that already defines the effort exists of ample Americans, develops an additional accurate possibility for workers.

4 0
3 years ago
You are a manager for Herman Millera major manufacturer of office furniture. You recently hired an economist to work with engine
KIM [24]

Answer:

$4000  is the correct answer to the given question .

Explanation:

The marginal cost with compare to the labor can be written as

MC\ = \frac{dQ}{dL} \\MC =\frac{d\ ( 2(K)1/2(L)1/2\ )}{dL} \\\\MC=\frac{\sqrt{K} }{\sqrt{L} }

Here K=9 units  putting this value in the previous equation  we get

MC\ = \frac{\sqrt{9} }{\sqrt{L} }

MC=\frac{3}{\sqrt{L} }

We can find the value of labor by the given formula that are given below

V *MC=\ W\\400\ *\frac{3}{\sqrt{L} }\ =120\\ L=10

From the given question that are mention in question

Q = 2(K)1/2(L)1/2

Putting the value of K and L in the given equation we get

Q\ =2 * \sqrt{9} \ * \sqrt{100} \\Q\ = 60

So profit maximizing output is =$60 chairs as the chairs can be sold for  the $400 each so = $60 * $400 *10=$24000 chairs

As the competitive wage of $120 for 100 units as well as the total of $8,000 on the 9 units of capital equipment

=$20000

Therefore profit-maximizing level of output =$24000-$20000=$4000

6 0
3 years ago
Chuck applied for a job as a car salesman. During the process, Chuck had to submit to a background check as well as a credit che
Ostrovityanka [42]

Answer:

The answer is The Fair Credit Reporting Act of 1970 (FCRA).

Explanation:

The Fair Credit Reporting Act of 1970 (FCRA) is a federal legislation designed to promote fair, accurate, and private background checks and sets national standards for employment screenings. Therefore, any employees can be safe and comfortable to have background and credit checks under the act.

5 0
4 years ago
Read 2 more answers
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