Answer:
There are no pressures on price to either rise or fall.
Explanation:
Equilibrium price refers to the market price at which the amount of quantity supplied is exactly equal to the amount of quantity demanded. At this point, the market supply curve and the market demand curve intersect each other.
This price would be determined by the market forces such as demand and supply of the goods.
Answer:
Explanation:
1. Financial accounting centers on providing information to internal users. False
2. Staff positions are directly involved in the company's primary revenue-generating activities. True
3. Preparation of budgets is part of financial accounting. False
4. Managerial accounting applies only to merchandising and manufacturing companies. False
5. Both managerial accounting and financial accounting deal with many of the same economic events. True
Answer:only monitor phone calls for compliance
Explanation:
The deep-rooted and pervasive beliefs and stereotypes held by Chinese car buyers toward different brands illustrate the importance of assessing marketing factors when entering foreign markets. The Chinese judge other non-Chinese brands simply because they are NOT Chinese. They believe that these brands have substandard quality, thus, they don't like buying them.
<u>Measures of dispersion are often used in finance as a proxy for risk:</u>
Measures of dispersion are generally used to describe the variability in sample. The three commonly used measures of dispersion are as follows,
- Interquartile range - Difference between the and percentile (also known as the and quartile). The formula is
- Range - Difference between the largest and smallest observation. The formula is
- Standard deviation - SD is the square root of sum of squared deviation from the mean divided by the number of observations. The formula is as follows,
Appropriate usage of measures of dispersion:
Median and interquartile range is used for skewed numerical data, ordinal data or mean. When mean is utilized as a measure of central tendency or symmetric numerical data, SD is used.
Usage in finance:
In finance, the Regression analysis technique helps in explaining the dispersion of dependent variable, that is measured by its variance, with the help of one or more independent variables each of which has positive dispersion. This proves to be a proxy for risk.