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MA_775_DIABLO [31]
3 years ago
11

there is one gas station in a small rural town. the owner of the station claims that he will sell the same quantity of gas, no m

atter how high or low the price. If he is correct in this assertion, what must be true about the demand curve for gas at his station?
Business
1 answer:
myrzilka [38]3 years ago
8 0

It will be vertical, because the quantity demanded (x axis) will stay the same regardless of the increase or decrease in price on the y axis.

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Which of the following is the deliberate process through which someone becomes aware of personal​ skills, interests,​ knowledge,
ANTONII [103]

Answer:

Career planning

Explanation:

Career planning is self-assessment and preparation undertaken by an individual who has a decent career path. Career planning phase is a continuous process of discovering oneself, establishing career aspirations, evaluating skills and finding the best career opportunities.

5 0
3 years ago
Why are financial intermediaries willing to engage in information collection activities when investors in financial instruments
d1i1m1o1n [39]

Answer:

C. Banks make private​ loans; their conclusions on who is creditworthy are not made public.

Explanation:

Investors in financial instruments who engage in information collection face a free-rider problem, which means other investors may be able to benefit from their information without paying for it.

Individual investors, therefore, have inadequate incentives to devote resources to gather information about borrowers who issue securities.

4 0
3 years ago
A random sample of 160 households is selected to estimate the mean amount spent on electric service. A 95% confidence interval w
Yuri [45]

Answer:

Option D. We are 95% confident that the mean amount spent on electric service among the 160 households is between $151 and $216.

Explanation:

A confidence interval is a range of values, derived from the sample statistics, which may include the value of an unknown population parameter.

A 95% confidence interval indicates that between 152 of 160 samples (95%) of the same population will produce confidence intervals that will contain the population parameter.

It also means that we have a 95% confidence that the average (average amount) is among the resulting amounts obtained.

Logically, option "D" is missing the final part. This would be: D. We are 95% confident that the mean amount spent on electric service among the 160 households is between $ 15.

This is the only true option, since the test is based on a sample of only 160 households, the entire population of households cannot be included.

Hence, the correct option is:

Option D. We are 95% confident that the mean amount spent on electric service among the 160 households is between $151 and $216.

7 0
3 years ago
Last year Bold and Best accounted for 56.5% of Baldwin's sales. Over the next few years, what should worry Baldwin's management
DaniilM [7]

Answer:

Explanation:

4 worries about Bold and Best (BB) are:

- Demand for BB may fall in the next few years, as customers are now less interested in purchasing BB or there is another substitute product for BB which is available in the market.

- Input costs/Production cost for BB may rise in the next few years, may be because of shortage of raw materials.

- The decline in BB sales may affect Baldwin's profitability as a whole because BB's revenue is currently the largest portion of the total revenue.

- Real purchasing power of customers fall because of a rise in expected inflation in the economy, which will lead to a fall in sales of BB.

6 0
3 years ago
Interest begins accruing on a _____ the day of the transaction.
xenn [34]
Interest begins accruing on a __<span> cash advance </span>___ the day of the transaction
.As interest is the
<span>money that is  paid regularly at a particular rate for the use of money lent
</span>A __<span>posting date</span>___ is when a payment is credited to an account. 
its the date at which money is being transected from bank
so correct option is B
hope it helps
6 0
3 years ago
Read 2 more answers
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