Answer:
The correct answer is letter "B": Royalties.
Explanation:
In the world of business, royalty refers to a charge for the right to use the property of another entity, usually intellectual property such as copyright, patent or franchise. In the common royalty system, the property owner -<em>licensor</em>- licenses the licensee to use the property using a licensing agreement.
Answer: The distribution of sample means is:
As the sample size is more than 30 so the sampling distribution of the sample means can be said to be approximately normal with the mean equal to 10.53 hours and standard deviation equals to 0.33 hours.
Explanation:
The mean,
μ=10.53
The population standard deviation,
σ= 2
The sample size, n=36
z score:
z= (xbar −μ)/σ
The standard error:
σxbar=σ/√n
=2/√36
=0.33
The standard error represents the distribution sample mean is 0.33.
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Explanation:
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Answer:
D. Benefit both Steve and Tom
Explanation:
As Tom produces baseball gloves and baseball bats. Steve also produces baseball gloves and baseball bats, but Tom is better at producing both goods. In this case, trade could benefit both Steve and Tom. The basic logic behind this answer is that, although Steve is not better at producing baseball gloves and bats but still can compete with Tom, where Tom's better quality products will encourage Steve in order to produce bit better quality in order to remain him in the market and competition. On the other hand, when Steve is not producing much quality products, this will give more competitive advantage to Tom, which definitely help him in earning more profits and loyal customers, therefore, in this cycle, both Steve and Tom will get benefit.
Explanation: s'il vous plaît ne supprimez pas mes choses que j'aidais