Supply and demand are essential part of a market that determines price and quality of products and services.

You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on Tuesdays. You then look only at t

Naily [24]

The family should be less likely to eat out on Tuesday as compared to the general population.

Given that,

Out of 200 people, 15 people should eat out on Tuesday.
Now only look 60 families out of this 10 should be preferred to eat out on Tuesday.

Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.

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3 0

3 years ago

What are the challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource man

makkiz [27]

Answer:

Workforce diversity challenges, technological challenges, and economic challenges

Explanation:

The challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource management that require HR to play a more central role in this growing organization are :

Workforce diversity challenges includes Acceptance and Respect, Accommodation of Beliefs ,Ethnic and Cultural Differences,

Gender Equality among others

Technological challenges includes Information security, Risk management and governance,

Regulatory compliance, Technology integration and upgradation, Resource management among others

Economic challenges includes Conflict and Poverty, Competing in a New Era of Globalization,Global Imbalances,Rise of New Powers among others

3 0

3 years ago

According to the conceptual framework, the objectives of financial reporting for business enterprises are based on.

poizon [28]

Financial reporting objectives for companies, according to the conceptual framework, are based on user needs, to be used as a periodic assessment of organizational performance.

<h3 /><h3>Financial reports</h3>

Responsible for supporting organizational decision-making, their objective is to analyze, monitor and report the performance of an organization, to determine the financial health of the business, demonstrate transparency and assist in the decision-making process.

Therefore, financial reporting objectives are based on user needs, ie a company uses such reports to measure performance, determine projections, analyze resource utilization and make more effective decisions.

Find out more information about financial reports here:

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3 0

2 years ago

The following information is available for the month of April from the First department of the Armque Corporation: Units Work in

miskamm [114]

Answer:

Direct Materials = 340,000

Direct Labor = 304,000

Explanation:

The concept of equivalent units measures the number of units to the extend of completion of inputs added to outputs during the production.

The first step is to determine the units completed and transferred.

units completed and transferred = opening work in process + started during the year - closing work in process

= 90,000 + 250,000 - 60,000

= 280,000

then determine the equivalent units of production with respect to direct materials and conversion costs.

<u>Direct Materials</u>

Note : Materials are added in the beginning of the process thus 100 % in all categories.

units completed and transferred (280,000 × 100%) = 280,000

units of closing work in process (60,000 × 100%) = 60,000

Total = 340,000

<u>Conversion Cost</u>

units completed and transferred (280,000 × 100%) = 280,000

units of closing work in process (60,000 × 40%) = 24,000

Total = 304,000

5 0

4 years ago

Formula<br>of<br>Monopoly market

Arada [10]

I would say pretty big

7 0

3 years ago