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3 years ago

HELLLPPPP

Business

1 answer:

marin [14]3 years ago

3 0

Answer: Mary

Explanation:

GDP simply means the gross domestic product and it is the value in terms of money based on the goods and services that a country produces.

With regards to the question, Mary is right as the GDP can be used to denote economic growth and also know how a particular economy is doing. Wealthy nations usually have a huge GDP.

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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

The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer,

vlada-n [284]

Answer:

Option (D) is correct.

Explanation:

Imperfect information refers to a situation in which both the parties (i.e buyer and seller) have different information. For example; In a market of second hand car industry, the buyer have less information about the car as compared to the seller. In this type of industry, the seller have more information about the condition and quality of used car.

In our case, the seller of antique have more information about the product, so this will lead to give a disadvantage to a potential buyer of antique.

8 0

3 years ago

Read 2 more answers

Work-family conflicts can be social or emotional.T/F

solong [7]

True because when you don't have enogh time with your family you can be unhappy and you might not be as cheerful around people.

3 0

4 years ago

How to calculate the probablility that 2 or more people in a group have the same birthday?

Helen [10]

Check this link it should be a great help http://mathforum.org/dr.math/faq/faq.birthdayprob.html

8 0

3 years ago

The Bureau of Transportation Statistics Omnibus Household Survey is conducted annually and serves as an information source for t

sasho [114]

Answer:

a) For this case we have quantitative data since we have frequencies per each category.

b) For this case is better use percentages since we have frequency counts per each

c) First we need to calculate the total for the frequencies:

$Total = 44+130+165+741= 1080$ respondents

For this case we can calculate the percentage like this:

$\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%$

d) For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

$\frac{1036}{44}=23.55$

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

Explanation:

For this case we have the following data given:

Number of respondents that they strongly agree with the statement = 44

Number of respondents that they somewhat agree with the statement = 130

Number of respondents that they somewhat disagree agree with the statement = 165

Number of respondents that they strongly disagree agree with the statement = 741

Part a

Do the responses for this statement provide categorical or quantitative data?

For this case we have quantitative data since we have frequencies per each category.

Part b

Would it make more sense to use averages or percentages as a summary of the responses for this statement?

For this case is better use percentages since we have frequency counts per each category so then not makes sense calculate averages for this case.

Part c

What percentage of respondents strongly agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving?

First we need to calculate the total for the frequencies:

$Total = 44+130+165+741= 1080$ respondents

For this case we can calculate the percentage like this:

$\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%$

Part d

For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

$\frac{1036}{44}=23.55$

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

8 0

3 years ago