Answer:
Correct statement is (B)
Explanation:
Marketing channel is the combination of all the people who are responsible for delivery or reach of the product from producer to the last consumer.
Thus, it is a chain from producer to wholesaler to retailer and then to consumer.
Marketing channel makes sure about the market present for the next level. That is for producers it provides wholesalers, for wholesalers it provides retailers and to retailers it provides consumers.
Thus, statement (B) is correct.
Answer:
a. At the point the materials are used in production during either the cutting or shaping Departments.
Explanation:
Materials will be added in the first process always as without materials there is no product.
Then, it may move to another department when there is no use of direct material or some additional materials could be used.
The accounting should represent reality and if a subsequent process required the input of materials should be accounted on that moment.
Answer: descriptive statistics
Explanation:
The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of the descriptive statistics.
Descriptive statistics refers to the branch of statistics that describes features of a data that are involved in a study. The main idea behind the descriptive statistics is simply to provide a summary of the samples that are done on a certain study.
Answer: $120 billion
Explanation:
Fron the question, we are told that an economy is in a recession and needs to expand by at least $300 billion, and the marginal propensity to consume is 0.6.
The least amount the government can spend to overcome the $300 billion gap goes thus:
Since MPC = 0.6, then the multiplier will be:
= 1/(1-MPC)
= 1/(1-0.6)
= 1/0.4
=2.5
We are also informed that the required change in the money supply is $300 billion. Then, the investment needed will be:
= Expansion/Multiplier
= $300 billion/2.5
= $120 billion
