Answer:
C) exploratory research
Explanation:
When the problem is not clearly defined, investigators usually use exploratory research. In this case, what does it mean for a pastry to be successful: has good taste, sells a lot, increases revenue, is profitable, how can it be improved, etc.
There are simply too many options that can define if a product is successful or not. This is why Adeeb's team prepared a survey that include questions that were not that specific. Why do you like or dislike the pastry? If the pastry's price is X would you buy it, if its price is Y?
The purpose of exploratory research is to better understand and gain knowledge about the problem, but it is really difficult for this type of research to provide a definite conclusion or answer.
That would be
C. Oligopoly Conpetition
Answer:
The answer is attached for ease of understanding and reference.
Explanation:
Answer: 3 million.
Explanation:
Unemployment is defined as when a member of a Country's labor force is jobless but actively looking for work.
In the Scenario 28-1, the discouraged people are not counted as they are discouraged and not looking for work and 1 million other people being students and retirees amongst others are not looking for work either.
The unemployed section of Mankiwland is therefore the 3 million unemployed people.
Answer:
C. A portfolio consisting of about three randomly selected stocks from different sectors
Explanation:
Standard deviation helps measure risks. It determines market volatility or the spread of asset price from their average price. When the volatility of prices are rapid, standard deviation becomes high which in turn means investment is risky and vice versa. Diversification of investment tend to reduce risk. A portfolio containing a diversified randomly selected stock from three sectors would have a lower standard deviation (risk) than the other portfolios stated in the question.
Diversification is a form of risk management.
