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Novay_Z [31]
2 years ago
9

2. The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does

this compare with the national average? a. $1,956; higher than the national average b. $326; higher than the national average c. $163; lower than the national average d. $333; higher than the national average.
Business
1 answer:
Anarel [89]2 years ago
6 0

The average national utility price is $270.48 Over a 6-month period,then the average utility price in Dallas will be $326 which is Higher than the national average.

<h3>What utility price?</h3>

  • Utility Costs conveys utility and home energy costs incidental to the residency of rental place

<h3>Examples:</h3>

Electricity, gas, water and drain, waste separation, and energy costs such as fuel oil, etc. that are separately-stated complaints.

  • In simple words, The overall cost of living in the City is higher than the national average because it is one other most economically booming cities in the states.

  • Amusement in the cities and daily utilization from families in higher economic set brought to this number.  

Therefore, the option [B] is correct, means $326 which is higher than the national average.

Learn more about national utility price, refer:

brainly.com/question/4889141

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The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and
andriy [413]

Answer:

The probability is 1.

Explanation:

Despite that the he distribution is positively skewed, the distribution of sample means of one-bedroom apartments  will still be a a normal distribution based on Central Limit Theorem.

Since we have

μ = mean = 2200

SD = standard deviation  = 250

n = sample size = 50

Therefore,

Standard error = SD ÷ √n

                        = 250 ÷ √50

                        = 250 ÷ 7.07106781186548

                        = 35.3553390593274  approximately 35.36

Standardize xbar to z = (xbar - μ) ÷ (SD ÷ √n)

Therefore, we have:

P(xbar > 1,950) = P(z > (1,950 - 2200) ÷ 35.36)

                        = P(z > - 250 ÷ 35.36)                      

                        = P(z > -7.07) = 1

Therefore, the probability of selecting a sample of 50 one bedroom apartments is 1 which can be said to be certain.

5 0
3 years ago
The major parts of the Stockholders' Equity section of the balance sheet are
torisob [31]

The correct answer is choice D.

The Stockholders’ Equity section of the balance sheet includes stock, paid-iin capital and retained earnings.

5 0
3 years ago
When an oligopoly exists, how many producers dominate the market?
vesna_86 [32]
The oligopoly is known to have a one producer dominating the market. This results in a few suppliers/sellers in the market, and thus can cause a high increase in the price of the products that are being sold in its respective community.
8 0
3 years ago
Read 2 more answers
An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ
Diano4ka-milaya [45]

Answer:

Difficult entry, Mutual interdependence, Market is control by a few large firms.

Explanation:

An Oligopolistic market very few organisations control a particular market share. Likewise, when another organisation attempts to enter the market, there are obstructions set up by the current organisations. Similarly, if one organisation changes or alter a commodity, it affects all other firms and organisations. So there is mutual interdependence in the oligopolistic market. There is high mutual interdependence because firms produce identical or the same goods and services.

6 0
3 years ago
During 2022, Crane Company entered into the following transactions.
Anastasy [175]

Answer:

Assets = Liabilities + Stockholders' Equity = $206,670

Explanation:

Note: See the attached excel file for the analysis of the tabular analysis of the effect of each transaction on the accounting equation.

From the attached excel file, we have:

Assets = = – $172,670 + 68,620 + $310,720 = $206,670

Liabilities = $68,620

Stockholders' Equity =  $138,050

Liabilities + Stockholders' Equity = $68,620 + $138,050 = $206,670

Therefore, we have:

Assets = Liabilities + Stockholders' Equity = $206,670

Download xlsx
4 0
3 years ago
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