Answer:
1. $29.4 million
2. 145.24
3. 145.24
4. 12.05
5. D. No, because the sample is not representative of the whole population.
Step-by-step explanation:
1. The computation of range of the sample data is shown below:-
Range of the sample data = Maximum value - Minimum value
= 42 - 12.6
= $29.4 million
2. For the computation of variance of the sample data first, we need to find out the mean which is shown below:-
Mean = 
= 24.83
The Variance of the sample data
= 
= 
= 145.24
3. The computation of the standard deviation of the sample data is shown below:-
The Standard deviation of the sample
= 
= $12.05155592
or
$12.05
4. No, as the sample does not represent the whole population.
22x
It’s the same as 12 plus 10
Step-by-step explanation:
enjoyyyyyyyyy brooooo
Answer:
Demand curve for a perfectly competitive firm is perfectly elastic because the perfectly competitive firm can sell any quantity it desires at the prevailing market price. A perfectly competitive firm's demand curve is horizontal line which is equal to equilibrium price of the entire market. Horizontal demand curve depicts that the elasticity of demand for the product is perfectly elastic which means that if any individual firm charged a price a little above market price, it will not sell any products.
The demand curve for monopolistically competitive firm is less elastic than that for a perfectly competitive firm and it slopes downward. This is because this firm can raise its price without losing all of its customers or it can lower the price and gain more customers. These firms have a limited capability to impose the price of its goods. By distinguishing its products, firms in a monopolistically competitive market make sure that its products are imperfect replacement for each other. Consequently, business that works on its branding can raise its prices without endangering its consumer base.
Answer:
X=3,Y=3
Step-by-step explanation:
They have the same location so there wouldn't be any movement so therefore it has no solution.
