1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
otez555 [7]
2 years ago
5

How do you economists use data

Business
2 answers:
never [62]2 years ago
7 0

Answer:

They use various statistical measures of data that help them in predicting the probability of the rise or fall in production or any other aspect like the job loss or the FDI and many aspects of the economy.

hope it helps

mark me brainliest

ale4655 [162]2 years ago
5 0

Answer:

Economists use various statistical measures of data that help them in predicting the probability of the rise or fall in production or any other aspect like the job loss or the FDI and many aspects of the economy.

You might be interested in
Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are
Katyanochek1 [597]
<span>Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are </span><span>complements in production; by-products. C</span>eteris Paribus<span> is a Latin phrase meaning "all other things remaining equal".  It is commonly used in economics.  </span>
6 0
2 years ago
Marx Company has a current production capacity level of 200,000 units per month. At this level of production, variable costs are
Misha Larkins [42]

Answer:

Effect on income= 7,500 increase

Explanation:

Giving the following information:

Variable costs are $0.50 per unit.

Current monthly sales are 183,000 units.

Heaven Company has contacted Marx Company about purchasing 15,000 units at $1.00 each.

Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.

Sales= 15,000*1= 15,000

Variable cost= 15,000*0.5= (7,500)

Effect on income= 7,500 increase

5 0
3 years ago
Read 2 more answers
Us federal income tax is progressive by law, but which best explains why is it sometimes regressive in practice?
Solnce55 [7]
I believe the answer is: High-income earners use tax laws to their advantage to reduce their tax rates

High income earners tend to possess financial knowledge or ability to allow experts who understand the full scope of taxation laws and how to recorded the transactions in a way that make it eligible for tax deduction. This makes a lot of high income earners manage to avoid paying taxes even if they manage to obtain a lot of profit.
3 0
2 years ago
Read 2 more answers
Worldwide Electronics is a global manufacturing firm that produces televisions, monitors, and other consumer electronic equipmen
Paha777 [63]

Answer:

Explanation:

1. JH Green, Corporate Personnel Officer   - Discretionary cost center

2. Kalya Borodina, Sales Manager, Peru     - Revenue center

3. Jay Smith, Chief Executive Office            -  Investment center

4. Andres Goya, Vice-President, South America  - Profit center

5. Irene Chan, Mexico City Plant Manager   - Cost center

6 0
2 years ago
The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ___
gayaneshka [121]
Benefits is the correct answer
3 0
3 years ago
Other questions:
  • Horrified at the high price for the flu vaccine decides to set a price ceiling at $60.what are the results of this ceiling
    7·1 answer
  • Jeff's Pizzeria can handle 30 orders during the day. It wanted to increase this number, so it started making its delivery boys d
    12·1 answer
  • During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c
    14·1 answer
  • What is ivan's marginal benefit if he decides to stay open for six hours instead of five hours?
    8·1 answer
  • Jack broke into the Acme Liquor Store. He took $600 in cash. The police arrested him and he was convicted for this crime. The pe
    11·1 answer
  • The declaration date is the date on which the corporation ______. makes a payment to the stockholders of record records its obli
    14·1 answer
  • Service providers must offer cues to help their customers experience and perceive their service more positively and reinforce th
    11·1 answer
  • Vaughn Manufacturing lends Wildhorse Co. $51600 on April 1, accepting a four-month, 6% interest note. Vaughn Manufacturing prepa
    14·1 answer
  • Each of the items below must be considered in preparing a statement of cash flows for Baskerville Co. for the year ended Decembe
    8·1 answer
  • 3. A U.S. MNC needs to raise capital of $100 million by issuing bonds. The firm can either raise US$ at 5% interest rate or issu
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!