The size of the sample that must be used is 264. The correct sample size is 264. Read below about how to arrive at the sample size.
What is the sample size that must be used?p′ = x / n where x represents the number of successes and n represents the sample size. The variable p′ is the sample proportion and serves as the point estimate for the true population proportion.
Then, it follows that,
p= 30/10 x 88 = 264
Therefore, the correct answer is 264.
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for a monopolist: a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. marginal cost equals zero. e. average total cost equals marginal cost.
For a monopolist, price is above marginal revenue.
What is monopolist market?A monopolist market is a market with managed alone.
The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.
But a high price above the revenue will equal to profit.
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For a monopolist seller, price is above marginal revenue.
What is marginal revenue?This can be defined as the difference between the amount of revenue generated as a result of additional unit of variable factors of production.
Factors of production are grouped as follows;
Fixed factors:Land and Machineries.
Variable factors of production: Labor and Capital.
Therefore, price is usually higher than marginal revenue for a monopolist.
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in which way does the concept of product life cycle (plc) help marketing managers?
The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more products.
What is product life cycle?
Product life cycle talks about the life span of a product.
It include how long a product can last before spoilage or before it becomes obsolete.
It helps managers to plan rebranding of a product and new production.
Therefore, The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more and new products.
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When both supply and demand decrease, the equilibrium price ________ and the equilibrium quantity ________.
When both supply and demand decrease, the equilibrium price increase and the equilibrium quantity decrease.
What is supply and demand?Supply can be defined as the amount of goods that a company is willing to produce and supply while demand can be defined as the amount of goods that consumer are willing or ready to buy.
When both supply and demand decrease, the equilibrium price and the equilibrium quantity can do the following:
Increase; decreaseDecrease; decreaseRemain the same; decrease
Therefore when both supply and demand decrease, the equilibrium price increase and the equilibrium quantity decrease.
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Because the slope of the production function becomes flatter as more capital is added, the marginal product of capital is
As the slope of the production function becomes flatter as more capital is added, the marginal product of capital is "decreasing".
What is marginal product of capital?The extra output that emerges from adding one unit of capital typically cash is known as the marginal product of capital.
This statistic frequently applies to start-up businesses that depend on private financing to get off the ground. The increased output brought on by adding a worker is known as the marginal product of labour.
Diminishing marginal returns, the marginal product that starts to decline, is an indicator of this phenomenon. The value that these additional units offer to the organisation, in terms of output generated, starts to diminish because there aren't enough workers to operate with the extra equipment.To know more about the importance of marginal product, here
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The current popularity of teams can be attributed to the fact that ________. A. they outperform individuals B. they represent a better way to use employee talents C. they reduce the need for coordination and supervision D. they aid in the performance of simple tasks that do not require diverse inputs E. they strengthen the worth of individual team players over the team
Generally, the current popularity of teams are mostly due to the fact that they represent a better way to use employee talents.
What is a team popularity?This refers to a team quality of being liked, enjoyed and accepted by a large number of people.
In most times, the popularity of typical teams are because they represent a better way to use employee talents for their organizational success.
Therefore, the Option B is correct.
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What are the 5 Economic resources categories?
Answer:
land, labor, capital, information, risk exposure and business reputation, Money and gas
The five economic resources categories are land, labor, capital, information, technology.
Economics is the study of how to use resources to produce products and services as effectively and efficiently as possible in order to meet consumers' needs and desires. In agriculture, the producer of goods or services could be an agribusiness firm producing a food product to meet consumer desires, or an agricultural producer growing a crop to satisfy the needs of a food processor. A business requires resources to produce a product (a good or service), such as labour (i.e., workers), land (e.g., a building), equipment, cash (capital), and other resources.
To summarize: in order to run a business, the manager requires resources, as well as one of the manager's responsibilities is to decide what assets to use and how to use them.
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1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""
To Cross-sold means a sales tactic used to get a customer to spend more by purchasing a product that's related to what had been bought already. Read below about trade up.
What does it mean to be traded up?To be traded up means to have added a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.
Therefore, the correct answer is as given above.
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a 12oupon bond, semiannual payments, is callable in 3 years. the call price is $1,120; if the bond is selling today for $1,110, what is the yield to call?
Based on the coupon rate, the call price and the selling price, the yield to call is 11.06%.
How is the yield to call found?The formula to find it is:
= (Coupon + (Call price - Current price) / Number of periods ) / ( (Call price + Current price) / 2 ) x 2
Solving gives:
=( (12%/2 x 1,000) + (1,120 - 1,110) / 6 semi annual periods ) ) / ( (1,120 + 1,110) / 2) x 2
= (61.667 / 1,115) x 2
= 11.06%
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answer it please ^_^
Answer:
after independence the government device specific rules to public and private sectors basic the strategic industries where the government and their public sector and the consumer goods industries were left to be diplomate and the private sector there were member of change in industry policy from the time to time
Explanation:
Evolution of business activitiesAs the new technology invented it has also an application in business . before there was no thing as e bussiness or e commerce. but not almost every person heard it somewhere. business owners tried to move their business to online to get benefits from it and it helps them to grow their business to a very extent as it provides them with lots of costumer.
so marketing is now done by customer itself.
Which of the term structure theories claims that investors are limited to certain maturity ranges due to legal restrictions and personal preferences?.
Answer:
The market segmentation theory.
Explanation:
Market segmentation theory holds that long-term and short-term interest rates are unrelated. It also argues that the current interest rates for short, intermediate, and long-term bonds should be assessed individually, as if they were products in various debt securities markets.
According to market segmentation theory, each asset maturities market group is primarily composed of investors who, in this example, choose to invest in securities with certain durations such as short-term, long-term, or intermediate. Furthermore, the theory states that buyers and sellers in the short-term securities market have unique characteristics and motives when opposed to buyers and sellers in the long-term and intermediate maturity securities markets.
Reference: Snellman, Kaisa. From One Segment to a Segment of One-The Evolution of Market Segmentation Theory. Svenska handelshögskolan, 2000.
Are fixed costs considered to be anticipated or unanticipated costs? are variable costs considered to be anticipated or unanticipated costs?.
Answer:
anticipated (Think)
Explanation:
The term fixed cost refers to a cost that does not change with an increase or decrease in the number of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities. This means fixed costs are generally indirect, in that they don't apply to a company's production of any goods or services.
A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a: Group of answer choices corporate raider. takeover specialist. financial capitalist. venture capitalist.
A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a venture capitalist.
Who is a venture capitalist?A venture capitalist is usually a high net worth individual or group of people who specialise in investing in small businesses. They usually provide financial capital to small businesses in exchange for a percentage in ownership in the company.
Due to the fact the investing in small businesses is risky, the returns demanded by venture capitalist is usually high.
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when scrum team members meet and collaborate with each other to find the best way to build and deliver the software to the customer, which of the following agile values is being practiced?
When scrum team members meet and collaborate with each other to find the best way to build and deliver the software to the customer, the agile value being practiced is:
individuals and interactions over processes and tools;What is the Agile value of collaboration?The agile value of collaboration requires that team members should interact with one another to brainstorm over a matter and know the best methods to use in solving a problem.
So when the scrum team members engage in the interaction above, they are heed to the first Agile value.
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The failure to properly record an adjusting entry to accrue an expense will result in an:
The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.
What are expenses?Generally, expenses are simply defined as what it would take or what it would cost to do anything.
In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.
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You are advising a coffee shop manager who wants to calculate how much sales will change if the price of a latte rises. You tell him he should measure elasticity by using the mid-point method in his calculations because the mid-point method will provide:
The coffee shop manager should measure elasticity with the mid-point method because he will get the same information regardless of a fall or rise in price.
Why should the midpoint formula be used?When the midpoint formula is used to calculate elasticity, it calculates the elasticity using both price increases and decreases such that the base is the same.
This allows you to receive the same elasticity result of either price point that was used and so allows for more accurate analysis.
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The approach used when overhead is applied to jobs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the jobs is called.
A method of costing whereby overhead costs are allocated to a job by multiplying the actual cost of the allocation base incurred by the job by a specified overhead rate is known as Normal Costing.
What is predetermined overhead rate?
An allocation rate known as the predetermined overhead rate allocates a specific amount of manufacturing overhead to job orders or goods.
Predetermined overhead is frequently calculated at the start of each reporting period by dividing the anticipated manufacturing overhead expenses by an allocation base.
The allocation base refers to the time taken to perform an activity such as the machine hours, direct labor hours etc.
Normal Costing also known as the product costing method in which the several cost such as the direct cost, material cost, manufacturing overhead cost as well as the work in progress is added.
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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that it is considered incomplete because it: does not count discouraged workers. does not measure how well people are matched to their jobs. counts part-time workers who would like to work full time as fully employed.
The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.
How is the unemployment rate calculated?
The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.
People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.
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Natural gas Group of answer choices used in automobiles produces more pollutants than gasoline. when burned in automobiles, produces only water and no carbon dioxide or other pollutants. reserves in the United States may last many decades, even with increased demand. consumption in the United States is declining as available resources decline.
The true statement about Natural gas is that the reserves in the United States may last many decades.
What is a Natural gas?This refers to an energy source from fossil that is formed deep beneath the earth's surface.
Today, the U.S. produces almost all of the natural gas that it uses.
Therefore, the Option D is correct.
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A knowledge management system should help an organization:
The knowledge management system should help an organization to:
promote innovationimprove customer serviceincrease revenue by reducing the delivery timeimprove employee retention rates through rewardWhat is a knowledge management system?This refers to the information system that stores and retrieves knowledge to improve understanding and collaboration of the business process.
Hence, the system is expected to promote innovation, improve customer service, increase revenue by reducing the delivery time, improve employee retention rates through reward.
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Question 9(Multiple Choice Worth 5 points) (04.03 LC) In our culture, one recent fatal event is common and does not affect the insurance business may encourage individuals to decrease insurance coverage may trigger fear and, therefore, more insurance sales frequently results in switching insurance companies
The pandemic and measures were taken to control the spread disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses.
What was the impact of pandemic over the insurance businesses?Businesses across many sectors of the economy faced major decline in the revenue during the pandemic due to which government direct them to close their businesses.
Insurers and their associations around the world stated that most of the policyholders have not acquired insurance coverage which will respond to the business interruption losses that result from pandemic business closures.
Business interruption insurance against pandemic risk could be provided with support from governments based on the experience of risk insurance programs.
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A ________Blank identifies that a firm has legally registered its brand name or trade name so the firm has its exclusive use, thereby preventing others from using it.
A trademark Blank identifies that a firm has legally registered its brand name or trade name so the firm has its exclusive use, thereby preventing others from using it.
A brand extension is when a company uses one of its established brand names on a new product or new product category.A brand name, or product brand, is a word, group of words, letters, or numbers that represent a product or service. A trade name, or corporate brand, identifies and promotes a company or a division of a particular corporation. The trade name is the legal name of the business.What does trademark imply?Any word, phrase, symbol, design, or combination of these that distinguishes your products or services might be considered a trademark. Customers use it to recognize you in the marketplace and set you apart from your rivals. Both trademarks and service marks are included under the umbrella term "trademark."Business names, logos, slogans, sounds, and even colors that are distinctive to a single brand may be protected by a trademark.Learn more about trademark brainly.com/question/19534317
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This year you have decided to focus your efforts on marketing to employer group plans. One employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. What should you do?.
The thing that should be done regarding the marketing it it go ahead and call the retirees.
What is marketing?It should be noted that marketing is the strategies that are put in place in order to increase sales.
In this case, the employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. It is important to call them.
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Assume that the markets can no longer be segmented. What would be the quantity demanded if price is 50 in a monopoly market?
The quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.
What is a monopoly?A monopoly is a price structure where there are many buyers but only one seller.
This could be a
natural monopoly; Pure monopolyLegal monopoly etc.It is thus correct to state that the quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.
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Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the government could help to reduce the negative effect of that market failure.
Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.
What is market failure?
When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.
Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.
The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.
As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.
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The title to an automobile or the deed to a cattle ranch assures a buyer that the seller is the legitimate owner of that property. This is an example of property rights _________.
The above is an example of property rights facilitating exchange.
What is property right?This refers to the legal right to own a property whether or not they are tangible or intangible.
Property rights enables one to do the following:
A person has the authority to own a property.The property can be used within the law as he deemed fit.Receive any income that the property generates.Hence, the above is an example of property rights facilitating exchange.
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Design quality is considered a(n) __________ for the firm. Multiple choice question. insignificant cost strategic decision service decision unimportant decision
The Design quality that a firm goes with is considered to be a strategic decision.
What kind of decision is Design quality?The quality of the design that a company goes with to brand their goods and services will represent what the company hopes to achieve in the future.
This means that the decision is a strategic one as these are done to showcase the future goals and direction of a company.
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Seeing the effect of each financial transaction or event on your current situation is the purpose of:
Seeing the effect of each financial transaction or event on your current situation is the purpose of: balancing your books.
What is a financial transaction?This has to do with all forms of exchange that occurs between a person that is selling a good and another person that is buying.
Such transactions are usually written in the accounting book which is balanced.
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A financial statement that has a date line similar to "For the month ended June 30, 20XX," is a(n):
A financial statement that has a date line similar to "For the month ended June 30, 20XX," is an income statement.
What is income statement?An income statement is what measures the profits and losses over a specific period for a company. It is used for reporting the financial performance over an accounting period.
Hence, a financial statement that has a date line similar to "For the month ended June 30, 20XX," is an income statement.
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Which of the following best describes retained earnings? Select one: Shows in and out flows of cash from the company during a period Provides a description of sources of funding and uses of funding, at a point in time Records level of reinvested profits Total assets less net liabilities equals equity
The option that best describes retained earnings is records level of reinvested profits.
What is retained earnings?
Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends or used to pay debtors. It is the amount of money that can be reinvested into the business.
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Assume that an adjusting entry was made on november 30 for earned, but unpaid employee salaries of $260 which represented 2 days of salaries earned for november 29-30. on december 5, the employees are paid for five days. record the journal entry on december 5 assuming that reversing entries are used by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.
The journal entry to be recorded for the transaction that took place on December 5 will affect a debit in Salaries and Wages Expense for $650; and a credit in the Cash balance equally.
What is a journal entry?A systematic method of recording the monetary and financial transactions in a chronological way of their occurrence, is known as a journal entry. Each journal entry has a debit and credit effect of equal amount.
The journal entry for the transaction has been added in the image for better reference.
Hence, the significance of journal entry is aforementioned.
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