Warranty repair costs
Shipping costs
Sales commission
11% of kids dont have cell phones
Answer:
Structured.
Explanation:
When conducting a research study attempting to measure what features were most important to automobile consumers, Gary's Research Company used a questionnaire containing structured questions, with a predetermined set of response options. Structured questionnaire is the type of questionnaire where closed ended questions are used to get the insights about the target audience. Audience is presented with some options and alternatives from where they have to choose a suitable option and answer. Following are the examples of structured questions:
* How many times do you drink Pepsi brands in a day?
1 time
2 times
3 times
4 times
*What rating will you give to Pepsi brands against other competitor’s beverage company brands?
(1) Average
(2) Good
(3) Very Good
(4) Excellent
*Thinking about Pepsi brands, what is the first thing that comes in your mind?
Its Logo
Its Slogan
Its Ad
Its Service
GDP stands for gross domestic product.
MPC stands for marginal propensity to consume (the ratio of the ratio of change in consumption to change in income)
From MPC you obtain the GDP Multiplier, which gives the relationship between a change in a particular expenditure and the GDP.
This is: Change in GDP = Mutliplier * Change in expenditure
The multiplier is equal to 1 / [ 1 - MPC].
Now use that information to calculations.
<span>Change in GDP with MPC of 0.9
multiplier = 1 / [1 - 0.9 ] = 1 / 0.1 = 10
Change in GDP = 8 billions*10 = 80 billions.
Change in GDP with MPC of 0.8 </span>
multiplier = 1 / [1 - 0.8] = 1 /0.2 = 5
Change in GDP = 8 billions*5 = 40 billions
The correct option is C. The price of a product is set where both buyers and sellers are satisfied that phrase describes the market equilibrium.
<h3>
What is the difference between market price and equilibrium price?</h3>
Demand and supply are interdependent, and this relationship determines market pricing. Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter.
The price at which the quantity of supply and demand is balanced is known as the equilibrium price. The point where the demand and supply curves cross is what determines it. There is a surplus when there is more supply of an item or service than there is demand for it at the going rate; this forces the price down.
Thus, C is the right answer. The market equilibrium is defined as the price of a good being determined at which both buyers and sellers are content.
Learn more about Equilibrium here:
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