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3 years ago

Which economic indicator would be most useful for figuring out how healthy a country's businesses are?

1 answer:

3 0

The answer to this question is corporate profits
Corporate profits refer to the economic indicator that calculates the net income of companies within a country.
Net income derived after we subtracting the amount of expenses from the total revenue, wihch indicates how much capital the company truly earn from its operation.

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I am writing an essay and need a word for a person that is damaged or broken because he was terrified when he came out of a haun

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They can be described as traumatized, horrified, mortified, etc.

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3 years ago

Which are objects that fulfill the needs and wants of consumers?

Lostsunrise [7]

The objects that fulfill the needs and wants of consumers are products.

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3 years ago

Which of the following statements concerning consumption is incorrect? Group of answer choices Wealthy people consume more than

Liono4ka [1.6K]

Answer:

Savings rates decrease as income increases.

Explanation:

Consumption can be defined as the use of goods and services by the household or end users.

The true and correct statements about consumption are;

1. Wealthy people consume more than other people.

2. Expectations about future prices affect consumption.

3. Tax increases reduce consumption.

The incorrect statement concerning consumption is that, savings rates decrease as income increases because an increase in income generally result in an increase in savings rates.

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3 years ago

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.5 cus

Phantasy [73]

Answer:

A) Single-server single-phase model (M/M/1).

$\lambda=2.5 \,customers/hour\\\\\mu=6\,customers/hour$

B) The goal is not met, as the average time waiting for service is 5.56 minutes.

C) The new mean service rate is 7.5 customers/hour.

In this case, the average time waiting for service is 4 minutes, so the goal is met.

Explanation:

A) This situation can be modeled as a single-server single-phase model (M/M/1).

The mean arrival rate is 2.5 customers per hour.

$\lambda=2.5 \,customer/h$

The mean service rate is 6 customers per hour, calculated as:

$\mu=\frac{60\, min/h}{10 \,min/customer}=6\, customer/h$

B) The average waiting time for a customer can be expressed as:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{6}\frac{1}{6-2.5} =0.417*0.222=0.093\,hours\\\\W_q=0.093\,hours*(60min/h)=5.56 \,min$

The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.

C) If the average time spent per customer to 8 minutes, the mean service rate becomes

$\mu=\frac{60\, min/h}{8 \,min/customer}=7.5\, customer/h$

An the average waiting time for the service now becomes:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{7.5}\frac{1}{7.5-2.5} =0.333*0.2=0.067\,hours\\\\W_q=0.067\,hours*(60min/h)=4 \,min$

The average time is now 4 minutes, so the goal is achieved.

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3 years ago

What did u learn about entrepreneurial activities

natta225 [31]

Entrepreneurship is a quality that is very attractive to colleges. Admissions committees like to see that you can think outside the box, be creative, and make opportunities for yourself. It’s a skill that’s particularly relevant right now: Many products and services you use came from startups or from companies that began that way.

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3 years ago