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2 years ago

At the lowest price for jeans, consumers will demand the _ jeans, and producers supply the _ jeans.

2 answers:

4 0

At the lowest price for jeans, consumers will demand the most jeans, and producers supply the least jeans. If there is a low price on jeans, consumers are more likely to want to buy that product because it has become more affordable. However, if the demand for the jeans is high because the prices are cheap they likely are not supplying too many of the jeans because the profit margin is not great. Suppliers want to produce items they want and make customers happy, but they also want to make a profit, too.

katrin [286]2 years ago

3 0

At the lowest price for jeans, consumers will demand the most jeans, and producers will supply the least jeans.

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What is the main difference between a generic market and a product market

Yuri [45]

Answer:

The main difference between a generic market and a product-market is that: a generic-market involves a less similar set of needs than does a product-market. A basic difference between a "generic market" and a "product-market" is: how similar the competing sellers' products are.

Explanation:

7 0

2 years ago

Suppose that the # of Employed = 160 million, # of Unemployed = 10 million, and the Adult Civilian Population = 250 million. In

PIT_PIT [208]

Answer:

labor force participation rate = 68%

employment to adult civilian population ratio = 64%

Explanation:

total number of employed people = 160 million

total number of unemployed people = 10 million

total adult population = 250 million

total labor force = 170 million

labor force participation rate = total labor force / total adult population = 170 million / 250 million = 68%

employment to adult civilian population ratio = total number of employed people / total adult population = 160 million / 250 million = 64%

8 0

3 years ago

Should corporates be granted rights normally given to individual citizens

Nadya [2.5K]

Answer:

YEAH

Explanation:DUH

3 0

2 years ago

Swifty Corporation sells one product and uses a perpetual inventory system. The beginning inventory consisted of 76 units that c

dedylja [7]

Answer:

Ending inventory in units= 194

Explanation:

Giving the following information:

The beginning inventory consisted of 76 units.

During the current month, the company purchased 478 units.

Sales during the month totaled 360 units.

<u>To calculate the number of units in ending inventory, we need to use the following formula:</u>

Ending inventory in units= total inventory - sales in units

Ending inventory in units= 554 - 360

Ending inventory in units= 194

4 0

2 years ago

The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica

yuradex [85]

Answer:

$\bar X = \frac{17+12+9+16+14}{5}= 13.6min$

So then the best answer for this case would be:

a. 13.6 minutes

Explanation:

For this case we have the following data for the response rates:

17,12,9,16,14

And we want to calculate the mean response time for 911 calls in this village.

And for this case we use we can use the definition of sample mean given by:

$\bar X = \frac{\sum_{i=1}^n X_i}{n}$

Where n = 5 represent the sample size for this case. If we replace we got:

$\bar X = \frac{17+12+9+16+14}{5}= 13.6min$

So then the best answer for this case would be:

a. 13.6 minutes

The sample mean is an estimator unbiased of the population mean because:

$E(\bar X) = E(\frac{\sum_{i=1}^n X_i}{n}) = \frac{1}{n} \sum_{i=1}^n E(X_i) = \frac{n\mu}{n}= \mu$

For this reason is a good statistic if we want to see central tendency in a group of values.

8 0

3 years ago

At the lowest price for jeans, consumers will demand the _____ jeans, and producers supply the _____ jeans.

At the lowest price for jeans, consumers will demand the _ jeans, and producers supply the _ jeans.