Business, 06.11.2019 23:31, hartzpeyton136
For the following exercises, identify the type of data that would be used to describe a response (quantitative discrete, quantitative continuous, or qualitative), and give an example of the data.
a. number of tickets sold to a concert
b. percent of body fat
c. favorite baseball team
d. time in line to buy groceries
e. most-watched television show
f. brand of toothpaste
g. distance to the closest movie theatre
h. age of executives in fortune 500 companies
i. number of competing computer spreadsheet software packages
Answers: 1
Business, 22.06.2019 13:50, veronica25681
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
Business, 22.06.2019 15:40, kaitlynmorgan43
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
Business, 23.06.2019 00:30, humpty21
One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.
Answers: 1
For the following exercises, identify the type of data that would be used to describe a response (qu...
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