Answer:
Backordering Costs.
Explanation:
This is the correct answer I hope this helps.
Average consumption, p = 2,100
Standard deviation assumed from previous studies, sd = 450
Z (at 95% confidence interval) = 1.96
Amount of funds available = $10,000
Cost per person supplied = $50.00
Therefore,
Sample size, n = 10000/50 = 200
Minimum margin of error will be achieved when the sample size is bigger than 85 adults.
Margin error = Z*sd/Sqrt (n) = 1.96*450/Sqrt (200) = +/- 62.37
Additionally,
Lowest range = 2100-62.37 = 2,037.63
Highest range = 2100+62.37 = 2,162.37
Explanation:
a. Total income formula is:
Y= C+I+G+NX
Y=20.1+3.5+5.2+(-1)
Y= $27.8 billion
b. In closed economies, income is calculated with this formula:
I=Y-C-G
I= 1.5-1-0.8
I= -$0.3 trillion
In open economies, income cannot be calculated because net exports (NX) data is missing.
c. NX is
NX= 576-445-115-81
NX= -$65 billion
NX is exports minus imports, in this case imports are more than exports. To calculate exports you need imports data.
Answer:
b. higher than that computed under the weighted average method.
Explanation:
FIFO uses inventory evaluation such that the ending inventory cosists of the most recent purchases. Therefore the ending inventory consists of only the highest priced units.
The weighted average method uses process in which all the units have been uniformly valued. Therefore the weighted average ending inventory consists of units priced lower than the FIFO ending inventory during constantly rising prices.
The weighted average inventory would consist of both low priced and high priced units that are averaged which automatically is lower than the most recent high priced units.
<span>The velocity of money is the frequency at which one unit of currency is used to purchase domestically. produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time.</span>
