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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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Long-term contracts for both warehousing and transportation requirements will be more effective if the demand and price of wareh
vampirchik [111]

Answer:

true

Explanation:

long term means it will be used for a long time thus if the price is not constant and keeps rising it wont be effective

6 0
3 years ago
A discount bond
Dovator [93]

Answer:

The answer is D

Explanation:

A discount bond is a bond trading at less than a bond's par or facr value.

In this, interest will be paid before the maturity date and only the principal (face value) is paid at maturity. The interest rate is below that market interest rate.

While a premium bond is trading above the market interest rate

3 0
3 years ago
Read 2 more answers
A restaurant sells salsa and guacamole, each of which can be eaten with the tacos that the restaurant sells. The manager of the
sergiy2304 [10]

Answer:

The cross price elasticity of salsa and guacamole is 0.2. The two goods are substitutes.

Explanation:

The price of guacamole is increased from $2 to $2.5.

Percentage change in price

= \frac{new price\ -\ initial\ price}{initial\ price} \times100

= \frac{2.50\ -\ 2}{2} \times100

= 25%

The demand for salsa rises by 5%.

The cross price elasticity will be

= \frac{percenatge\ change\ in\ quantity\ demanded}{percenatge\ change\ in\ price}

= \frac{5}{25}

= 0.2

We see that the cross price elasticity is positive. This means that the two goods are substitutes. When price of one good will increase consumers will prefer the cheaper substitute, increasing its demand.

3 0
4 years ago
Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budg
Oxana [17]

Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budgeting approach known as incremental budgeting.

<h3>What is incremental budgeting?</h3>
  • The concept behind incremental budgeting is that the easiest way to create a new budget is to just make minor adjustments to the one that is already in place.
  • In other words, incremental budgeting involves starting with the present budget and adding or subtracting incremental assumptions to arrive at new budget numbers. In terms of budgeting techniques, incremental budgeting is frequently regarded as the most conservative strategy.
  • Entrepreneurship is extremely dangerous, but it can also be very rewarding because it contributes to economic growth, innovation, and wealth.
  • For entrepreneurs, securing money is essential: SBA loans and crowdsourcing are two forms of finance.
  • The manner business owners file their taxes and pay them will depend on the organizational structure of their company.

To know more about incremental budgeting with the given link

brainly.com/question/14271949

#SPJ4

6 0
2 years ago
Sove 3logx + 5 is equal to 8​
e-lub [12.9K]

♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️

3 log(x)  + 5 = 8

Subtract sides 5

3  log(x)  + 5 - 5 = 8 - 5

3 log(x)  = 3

Divide sides by 3

\frac{3 log(x) }{3}  =  \frac{3}{ 3}  \\

log(x)  = 1

_________________________________

<em>Remi</em><em>nder</em><em> </em><em>:</em><em> </em>

log_{a}(x)  = b

x =  {a}^{b}

_________________________________

Thus ;

log_{10}(x)  = 1

x =  {10}^{1}

x = 10

Done...

♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️

8 0
3 years ago
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