Answer:
$27,600
Explanation:
Amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend:
= Shares issued * Percentage of stock dividend * Market price
= 46,000 shares * 2% * $30
= 46000*0.02*$30
= $27,600
Answer:
A normal good is a good that experiences an increase in its demand due to a rise in consumers' income. Normal goods include food ...
Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature. Hence, to utilize the resources in the optimum possible way and meet the demands of humans, the economy allocates scarce resources.
<h3>How Microeconomics allocates scarce resources?</h3>
Microeconomics analyses how scarce resources are allotted efficaciously to the production of products and services. It facilitates in resolving the critical financial issues of the economic system at an individual level.
Thus, in this manner, Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature.
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Answer:
Demographic and buyer behavior characteristics.
Explanation:
- Studying a market can be very difficult, so, sometimes researches choose random sample to study. The question arises that weather these sample represents the whole targeted market or not.
- And that should be judged carefully, if not the study will be an utter failure.
Answer:
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817
Explanation:
Given:
Average bottleneck 1 hour = 0.5
Find:
Probability (at least one bottle neck occurs during 8 hours of operation)
Computation:
Expected events in 8 hour = 8(0.5)
Expected events in 8 hour = 4
Probability (at least one bottle neck occurs during 8 hours of operation) = p(X≥1)
Probability (at least one bottle neck occurs during 8 hours of operation) = 1-p(X=0)
Probability (at least one bottle neck occurs during 8 hours of operation) =1-exp(-4)[4⁰]/0!
Probability (at least one bottle neck occurs during 8 hours of operation) =1-0.0183
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817