Answer:
True
Explanation:
Businesses has always had its challenges and also more peculiar challenges from time immemorial and it is so even today despite several business models and the likes being in operation.
In the 1900s, one of the peculiar challenges of businesses was the inability of manufacturers to transport their goods from the point of production to the points of sale. In the 1900s, railways began to become more open than from the time of rail owners and also vehicles as we know today began to come into existence. Overtime, heavy duty vehicles capapble of transporting and lifting good from the point of production to its point of sale began to come up.
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Answer:
I have solved part a) because question contains only part a) however it has 3 more parts as well but that are not mentioned in the question. Part a) is explained below.
Explanation:
a) The distribution should be right skewed as most of the numbers lies at that side while using the median to correctly represent an observation in the distribution.
To represent the variability of the observations, interquartile range could be used. Since, there is a good number of expensive houses and this would increase the mean and standard deviation. So, it is better to use interquartile range to represent it, i.e. upper quartile for expensive houses, and lower quartile for less expensive houses and middle quartile for mid-range priced houses.
People are known to engage in business every day. The answers to the question is below;
<h3>The
similarities between the business ventures of the Wander Girls and Roxanne Quimby</h3>
- Their businesses are both founded by women.
- They both encourages women in business ventures and other areas.
- They both encourages women to take care of themselves and not neglect themselves.
- They are advocate for self love for women.
<h3>The differences between the business ventures of the Wander Girls and Roxanne Quimby.</h3>
- Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.
- Wander Girls is into service delivery while the other is into product delivery.
Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.
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Available options are:
A. All of the choices are correct.
B. Average fixed costs would increase.
C. Marginal costs would increase.
D. Average variable costs would increase
Answer:
Option B. Average fixed costs would increase.
Explanation:
As the variable cost is the same which means that the marginal cost (All variable costs) would neither increase nor the average variable cost (Average variable cost due to fluctuating variable cost) would increase. Hence both Option C and D are incorrect.
Option B is correct because:
Average Fixed cost = (Initial Value + Value Now) / 2
Average Fixed cost = ($100 + $150) / 2 = $125
This means that the average cost has been increased.