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julia-pushkina [17]
2 years ago
6

Why do consumers have to make choices when spending their income

Social Studies
1 answer:
vazorg [7]2 years ago
8 0

Answer:

They have to make choices because:

  1. Generally, consumers are trying to get the most for their limited budget so must make wise choices to get the most out of their income.
  2. To be able to get the best-quality goods to suit their preference when buying.
  3. To avoid impulse buying.
  4. To avoid wastage of money due to impulse buying & improper planning.
  5. To get maximum number of items when buying,despite price increase.
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Description: Random sampling is one of the easiest ways of collecting data from the total population. In random sampling, each member of the subset carries an equal opportunity of being part of the sampling process. For example, the total workforce in from is 500 and to conduct a survey, a sample group of 50 employees is selected to do the survey. In this scenario the population is the total number of employees in the firm and the sample group of 50 employees is the sample. Every member of the workforce has the same opportunity of being chosen because all the employees which were chosen to be part of the survey were selected randomly. But, when there is a possibility that the group or the sample does not represent the population as a whole, that means, any random variation is termed as a sampling error.

Another example of a simple random sample would be the names of 25 employees being chosen out of a group of company of 250 employees. In this case, the population is all 250 employees, and the sample is random because each employee has an equal chance of being chosen.

Random sampling is usually used in science to conduct randomized control tests or for blinded experiments.

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Hi! :)


Question: The statement, "Senator Smith has bribed public officials, increased taxes and stolen from you, his constituents," is an example of which type of propaganda?


Answer: A) Name calling!


Have a BEAUTIFUL day~

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