Solving this problem is pretty straight forward. We simply
have to find for the product of the fraction of the amount of students that
take on a pass or fail basis and the total population. That is:
expected students = 0.03 * 50 students
expected students = 1.5 students
Answer:
<span>1.5</span>
Answer: 5% of RS 100,000
Explanation:
Opportunity cost is what an economic agent such as an individual, form or government forgoes when a choice is made from different available choices.
Here, since Inaya has used Rs100000 for her ice cream business, the opportunity cost will be the 5% interest that she could have made on the money used for the business
Answer:
The correct answer is option D.
Explanation:
In a perfectly competitive market, firms can have positive economic profits only in the short run. In the long run, though, the firms can enter and exit the market, so if some firms among the 1,000 are having profits, it will attract potential firms to join the market.
This causes the market supply to increase. This increase in supply reduces prices and profits.
Similarly, if some of the firms among 1,000 are having losses in the short run, then in the long run, the firms incurring losses exit the market. This reduces market supply and thus increases price and profits.
This process continues until all the firms are having zero economic profits.
It is true that members in a cohesive group have a degree of dependence on the group.
<h3>What is cohesive group?</h3>
A cohesive group is one whose members are very positive in their feeling towards the group and are strongly motivated to retain their membership in the group.
There cannot be group cohesion if the members do not wish to belong to the group or do not find the motivation to belong to the group.
Hence, It is true that members in a cohesive group have a degree of dependence on the group.
Learn more about cohesive group here : brainly.com/question/21837802
Answer:
A
Explanation:
A sole proprietorship is a type of business that is owned by one person
<u><em>Characteristics</em></u>
1. it is owned by one person
2. the business has unlimited liability
3. the business has limited access to capital
4. the business usually lacks continuity. this type of business usually ceases to exist when the owner dies
5. the business is usually not separated from the owner
<em><u>Advantages of sole proprietorship </u></em>
- They are easy to establish
- The owner has complete control over ownership
<u><em>Disadvantages of sole proprietorship </em></u>
- It has a limited life span. The business usually ends when the owner dies
- the owner has an unlimited liability
