If you decide to buy one of these​ TVs, what statistic is most​ relevant, other than the measures of central​ tendency? Choose the best answer below.

A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.

B. The highest price is a relevant statistic for someone planning to buy one of the TVs.

C. The difference between the lowest price and the highest price is a relevant statistic for someone planning to buy one of the TVs.

D. The price that occurs least frequently is a relevant statistic for someone planning to buy one of the TV

Answer:

The risk premium, is the right answer.

Explanation:

The difference between the interest rates of 10-year corporate bond and the 10-year government bond is termed as the “risk premium” because it is the rate of return that an investment offers or gives over the period and above the risk-free rate of return. Here risk-free rate is the return on the when there is no probability of financial loss. Therefore, government bonds have risk free returns because there is no financial loss associated with these bonds.

Answer:

Civic 50.

Explanation:

Bloomberg LP, in partnership with the National Conference on Citizenship and Points of Light, has created a scorecard of America's top community-minded companies which they call the civic 50. It was launched in the United States of America in 2012 and is a program designed and established to recognize and honour the fifty (50) most philanthropic, community-minded or socially responsible companies in the United States of America each year, determined by True Impact through an annual survey. These fifty (50) companies are selected based on this criteria; investment, integration, institutionalization and impact.

Answer:

C. It eliminates jobs that tend to be repetitious.

Explanation:

Outsourcing is usually engaged in business to beat down the cost of production, it is the act in which a particular company invite another company from outside to carry out some service for them on agreement however, this service is been carried out at home.

It should be noted that one of the benefit of outsourcing is that It eliminates jobs that tend to be repetitious.

Answer:

surge protector

Explanation:

A surge protector is a device that is built to prevent electrical appliances from having issues associated with voltage spikes. It reduces the voltage that is being absent to the device when the the device is connected to it. Generally a surge protector can cause electrical appliances to have longer lives as it can help to prevent damages from minimal to great ones.

Answer:

The correct answer is the option B: give up more "y" to get an extra "x" the less "x" they have.

Explanation:

To begin with, the indifference curves are the ones that show the relationship that exists between two goods and its how much the consumer values its consumptions becuase it indicates how much of a good is able to lose in order to obtain more of the other. These indifference curves have certain characteristics and conditions, one of them is the fact that they are always convex. And that is because they will show how much of a good they will be able to lose in order to get an extra of the other good that they have less of it.

Someone owning a book store would be a producer.

This is an individual or firm that is involved in production process such as buying of raw materials and the transformation into a finished product.

The person could be involved in rebranding or packaging.

Therefore, Someone owning a book store would be a producer.

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Answer:

market

Explanation:

Answer:

Functional

Explanation:

Functional managers are responsible for the management and provision of control over a business unit in an organisation. They manage people and the resources in a business unit such as marketing, customer care unit etc. One of the many advantages of functional management in an organization is that they focus on certain area of specialization, meaning that workers have special skills related to their job functions.

Answer:

Historical cost.

Explanation:

Historical cost is an accounting principle which states that an asset or liability should be recorded at the amount given or received in the exchange transaction.

Under the Generally Accepted Accounting Principles, the historical cost concept is used for fixed assets in the United States of America. It is also known as the cost principle of accounting.

Answer:

Ability is possession of the means or skill to do something.

Answer:

ability and talent mean physical or mental power to do or accomplish something.

Explanation:

I hope this helps. xD

Answer:

In bronfenbrenner's model, marrying and getting divorced are examples of ecological transitions

Answer:

Explanation:

Destructive testing is a quality affirmation procedure where a specimen of an item produced is subjected to a destructive physical analysis in order to understand its performance and behavior under different unfavorable conditions and situation . Examples are tension tests ,bend tests and pressure test.

It is always a last stage of a production procedure that occurs after the completion of production before storage.

For finished goods , destructive testing reflects the completion of goods and and the movements of the finished goods to storage.

Explanation:

Microeconomics helps businesses understand why consumers choose to spend their money and on what. The science behind the way consumers and even businesses purchase can influence what is sold, how and why. Ultimately, nearly all business is about supply and demand.

Answer:

Pedestrian : A person who walks on foot rather than in vehicles.

Answer:

$1,000 loss

Explanation:

The numbers are missing here, so I looked for a similar question:

A copy machine cost $5,000 when new and has accumulated depreciation of $4,000.

The carrying value of the copy machine = purchase cost - accumulated depreciation = $5,000 - $4,000 = $1,000

if the copy machine is discarded and doesn't get any money for it, this will result in a loss equal to the carrying value = $1,000

Answer:

Computerized accounting has a lot of advantages over manual accounting when rightly implemented

Explanation:

Computerized accounting is an integrated accounting system that uses program software stored on a computer or server to perform account functions. It can be a tailored or off the shelve software for that purpose.

It is easier to use , faster , and more accurate when compared to the manual accounting , which makes it  more helpful especially for small business owners that do not have a good structure in place.However , the initial set up cost  is high , and this need to be considered by small businesses before adoption. Moreover , as they come in different format , a small business may need to consult expert for the type that is mostly suitable for his business as well.

Answer: Market penetration

Explanation:

Market penetration can be defined as the comparison of the assessment of how much product has been sold relative to the total market has been estimated to be covered for that particular product. It is expressed in percentage. The market penetration can be enhanced by increasing the advertisement of the product and promoting the sales.

Hence, market penetration is the growth strategy, which JC Penney is applying.

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, the name of "Static Planning Budget" refers to a type of budget that is used by the companies who need to keep the track of the information regarding the costs of the production and much more. The principal characteristic of this type of budget is that, as its name says, it stays static during the whole production, no matter what changes truly happen during the process. Therefore that this budget focus on keeping everything going as planned and not chaning anything. That is why that directly comparing it with the real costs will help to see the differences that happended because of the changes in activity and how well the costs were controlled by the company.

Answer:

a. True

Explanation:

Lets imagine an example that can happen to anyone: A salesperson contacts you several times because you are interested in buying a new car but you are not sure which one. Once you decided which car you want and place your order, you generally have to wait a few hours or even a couple of days. But after the sale was closed, the salesperson disappears and if you want to ask him/her about your car, he/she is too busy and tells you to contact someone else in the company.

This happens not only with cars, it also happens when you place certain custom orders, insurance policies, etc. Once the deal is closed and you pay, the salesperson turns away and looks for new clients. This is extremely frustrating and yes, makes you feel neglected.

Answer:

Her consumption spending will rise by $1.40

Explanation:

Marginal propensity to consume is 0.7. This information means that the individual will consume 70% of every single dollar she earns. Hence, if she consumer earns an extra $2, her consumption spending will rise by $1.40

Answer: At the same time Nissan announces the promotion

Explanation:

Considering the competition in the market, companies tend to promote their service almost at the same time, so they can give their customers options to choose from that which their opposition gave. That's why you'll observe that Toyota releases a car this year and the same month Kia releases theirs. This is to create a room of competition in the mind of their clients.

Answer:

A. increase in demand.

Explanation:

In this specific scenario, a reduction in the prices of these services would cause an increase in demand. This is because the prices will become very competitive to those already in the market, which will ultimately entice customers to want the service as they will be saving a large percentage of money and still acquire the internet services that they require.

Answer:

The maximum price you would pay for the stock today is __$30.23___ if you wanted to earn a 10% return

Explanation:

The maximum any rational investor would pay for such stock is the present value of the future cash flows that the stock would pay, in other words, the present value of dividend and sale of stock using 10% as the discount rate.

The present value of future cash flows=($1.25+$32)/(1+10%)

The present value of future cash flows=$33.25 /1.10

The present value of future cash flows=$30.23  

Answer:

six sigma

Explanation:

Six sigma can be define as a management technique that is aimed at improving business so that the space for errors can be seen vividly.

The six sigma was invented in 1968 by an engineer with the aim of removing stains from clothes aside

From the question, it can be see that the sparky does not want equipment it is why he has conneted his production to a certain life

Thanks.

Answer:

why oligopolistic prices might change infrequently

Explanation:

A kinked demand curve model states that participants in an oligopoly market will be hesitant to increase their price if another competitor increases their price, but will decrease their price in case another competitor decreases their price. I.e. a price increase does not generate a lot of reactions by the suppliers, but a price decrease will be matched by all the other suppliers.

Answer:

Scarcity and Utility

I will explain the concepts of scarcity, value, and utility using my laptop and some writing pens.  I have only one laptop available in my family.  I use it 24-hours daily.  I attach so much value (utility) to the laptop because it is only one.  It is very scare in my household.  On the other hand, I have a packet of writing pens.  Pens are relatively not scare in my household.  If my laptop is missing, I will raise uproar in the house.  Everybody present will answer a tedious query.  But, if one of the pens gets missing, I may not even be aware that it is missing.  At the moment, I do not attach much value (utility) to the writing pens because I have many of them presently .  Writing pens are not scare in my household, as I said earlier.

Using these examples, I have demonstrated the concepts of scarcity, utility, and value.

Explanation:

Therefore, scarcity is defined by the value and the relative availability of a good.  Scarcity is a basic economic problem that shows the gap existing between limited resources and unlimited needs.  Based on the lack experienced with satisfying a need, one has to always choose between alternatives in order to maximize resource allocation and utility.

Utility in Economics refers to the value or satisfaction derivable from the meeting of a human or economic need.  It is initially connected to the concept of scarcity.  But after attaining some level of utility, scarcity temporarily evaporates.  And this is the dividing thin line.  This is why they are mostly used together.  "Something that is valuable is scarce and give utility."  Something that is not highly valuable is not usual scarce and does not give much utility, at least, to an extent.

Answer:

differential rate.

Explanation:

A pay structure in which more efficient workers earn higher wages, as suggested by Frederick W. Taylor, is known as a differential rate system.

According to Frederick Winslow Taylor, a mechanical engineer and father of scientific management, some efficient workers may earn higher wage than their colleagues.

Answer:

Statement A, C and D

Explanation:

a. All the direct expenses budget is prepared in order to compute direct material, direct labour and other manufacturing overheads in order to compute the production budget cost. As all these are essentially required in order to make a production budget.

b. The first budget is usually the revenue or sales forecast budget.

c. Direct material to be bought = Direct Materials required in production + Closing inventory to be maintained - Opening inventory already available.

d. Cash budget not only comprises of inflow, but outflow is also as important as inflow. When all the incomes and expenses are budgeted then cash budget is prepared.

Answer:

c. When preparing a direct materials budget, the units of raw material needed to meet production should be added to desired ending inventory and the beginning inventory for raw materials should be subtracted to determine the amount of raw materials to be purchased.

Explanation:

The master budget refers to the budget in which the expenses, sales, purchases, are recorded

It can be sales budgets, purchase budgets, etc that comes under the operating budget

While preparing the direct material budget, the raw material required to be purchased should be find out by using the following formula

= Ending inventory balance + cost of sales - beginning inventory balance

Or we can say

Cost of goods sold = beginning inventory + raw material purchase - ending inventory

hence, the correct option is c.

Answer:

C). Obsolescence

Explanation:

Obsolescence is defined as the 'state of being obsolete or no longer in use' as the better alternate options become available in the market which possesses the ability to offer higher productivity. It is 'the expected consequence of a technology that enhances briskly and alternative service options with upper quality become accessible.' The producers are more likely to switch to the alternate not always due to the uncompetitiveness of the present technology but also due to the higher advantages and yielding capacity of the new option. Thus, option C is the correct answer.