Automobile producer would see profit reduced the most and janitorial services would be least affected.
<u>Explanation:</u>
Recession is one of the phases of the trade cycle. In this phase of the trade cycle, there is downfall in the production, consumption, investment and saving in the economy. The growth rate of the economy sees a downfall in this phase.
Among the examples given here, automobile producer is the firm which would be one of the most affected company during the time of recession because it is not something essential but luxury.
Answer:
real-world changes in which no one is harmed are rare or nonexistent.
Explanation:
Pareto optimality, also known as Pareto efficiency was named after Vilfredo Pareto and it refers to an economic system in which no additional changes can make a person better off without making at least one person worse off.
This ultimately implies that, when there's a maximum level of efficiency in the allocation of goods and resources in an economy and no further changes can be made without making at least one person worse off. Thus, it can only exist in theory but not in reality.
The main reason the usefulness of Pareto optimal policies is limited as a policy guide is that real-world changes in which no one is harmed are rare or nonexistent because the goods and resources cannot be reallocated.
Will typically have a strong-willed learning environment.
Answer:
$913,900
Explanation:
Calculation to determine the consolidated net income for the year ended December 31, 2018
Using this formula
Ending consolidated net income =(2018 Parent company net income+Subsidiary reports net income)+(Parent reported interest expense-Subsidiary reported interest income)
Let plug in the formula
Ending consolidated net income=( $650,000+ $260,000)+($45,500-$41,600
Ending consolidated net income= $650,000+ $260,000+ $3,900
Ending consolidated net income=$913,900
Therefore the consolidated net income for the year ended December 31, 2018 is $913,900
Answer: The central limit theorem is important in statistics because if the variable is larger, the sample distribution of the mean will be normal regardless of how the population size is.
Explanation: The central limit theorem is also referred to as CLT. The CLT will fluctuate as different variables are added while trying to achieve normal distribution for their variables. When trying to find out the equal population, different variables are added to test out the theories.