Importance of studying business studies

Amila is examining the monthly returns of various stocks. she would like to compare the underlying distributions of the stocks v

Masteriza [31]

An alternative plot for Amila to use is to use a graph to depict the data.

<h3>How to illustrate the information?</h3>

From the information, she is worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot.

Therefore, a graph can be used to better illustrate the information.

Learn more about graph on:

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8 0

2 years ago

A client is admitted to the hospital with weakness in the right extremities, and speech that is slightly slurred. A diagnosis of

arlik [135]

Answer:

Evaluate Motor Status

Explanation:

In the first 24 hours the response of his body will be checked and that is called motor status.

This is through nervous system response to the connected medical devices.

As there is brain attack and our brain is solely responsible for any action in the body, it will be important to know whether it is working and responding properly or not.

This will ensure that the brain is not critically damaged.

4 0

3 years ago

The dollars available from each unit of sales to cover fixe

lbvjy [14]

Answer:

False

Explanation:

Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.

The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.

5 0

3 years ago

Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund wa

Sergio [31]

Answer:

A credit to Cash of $299

Explanation:

Journal Entry Debit Credit

Merchandise inventory $62

Delivery charges $46

Office supplies $30

Miscellaneous expenses $51

Cash over and short $100

Cash $299

Cash to be reimbursed = Minimum cash balance required - Cash balance left

Cash to be reimbursed = $500 - $201

Cash to be reimbursed = $299

7 0

4 years ago

For each of the following pairs of goods, state whether the cross-price elasticity is likely positive, negative, or zero. Explai

ioda

Answer:

a. Hulu and Netflix.

Positive. They are close substitutes

Hulu and Netflix both provides television shows, so a consumer can choose between them. They are good substitutes

b. Tortilla chips and salsa.

Negative. They are complements.

Tortilla chips are consumed with salsa sauce. So a demand for salsa increases so does demand for tortilla chips.

c. Movie and popcorn.

Negative. They are complements.

The more people watch movies the more they will want to buy popcorn.

d. Running shoes and high heels

Close to zero. While they are substitutes they are not close substitutes.

Each has its own time of use. Consumers by them independently.

Explanation:

Cross price elasticity is a measure of the quantity demanded of one good to changes in price of another good.

So when a good's demand reduces with increase in price of another it is negative cross price elasticity. This is common with complements.

When quantity demanded of a good increases with increase in price of another, they are substitutes.

However when there is little effect on the quantity demanded with increase in price of the other good they are unrelated

4 0

4 years ago

Importance of studying business studies​

Importance of studying business studies