Often, the sum of the initial estimated costs is greater than the amount of funds budgeted by the sponsor. what should be done to arrive at an acceptable budget amount
A market research company wants to collect opinions on the comfort and performance of a new type of sneaker by brand x. which group of individuals would be the best choice for a random sample?
One of the best methods in random sampling is called quartering. In quartering, the population is divided into 4 quadrants and the sample is obtained on one of the quadrants obtained. In this case, the procedure to do is:
“Ask every fourth person who is wearing that brand of sneaker”
Answer:
b. ask every fourth person who is wearing that brand of sneaker
Explanation:
A policy promoting cutbacks in the amount of federal regulations in specific areas of economic activity is
A friend asks you to bring dip to a party, and you agree. then, your friend adds that you need to make at least two quarts of it and bring at least three bowls to serve it in and three bags of chips. this party planner has used which compliance strategy on you?
On the given scenario above, the party planner used in compliance to the strategy to you is the low ball technique. As the friend tries to initiate a specific task to you in to persuading you in his or her advantage and adding another tasks that will benefit them, which is likely to be the low ball technique starts from offering something small in hope to charged more for their advantage.
The original price of a television is $500 you have a coupon for 25% off excluding tax what is the cost of the tv
The cost of the television after applying a 25% off coupon is $375 before tax.
The question asks about applying a 25% discount to the original price of a television that costs $500, excluding tax. To calculate the discounted price, we take 25% of $500, which is $125. We then subtract this amount from the original price to determine the cost of the TV after the coupon is applied.
To do the calculation: $500 - (25% of $500) = $500 - $125 = $375.
Therefore, the cost of the television after applying the 25% off coupon is $375 before tax is added.
In november 2010 the labor force in siouxtown, was 14,800. there were 14,483 persons employed. the local unemployment rate:
The local unemployment rate in Siouxtown in November 2010 was approximately 2.14%.
Explanation:The local unemployment rate is determined by taking the number of unemployed persons and dividing it by the labor force. In this case, the labor force in Siouxtown in November 2010 was 14,800 and there were 14,483 persons employed. Therefore, the number of unemployed persons would be 14,800 - 14,483 = 317.
To calculate the local unemployment rate, we divide the number of unemployed persons (317) by the labor force (14,800) and multiply by 100 to get the percentage: (317 / 14,800) x 100 = 2.14%.
So, the local unemployment rate in Siouxtown in November 2010 was approximately 2.14%.
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What is the meaning of delegation?
When neither party consents but an effect or results or liability or right is created this is called?
Customer requirements are an important aspect of the quality planning process.
a. True
b. False
A driver should not strive to develop a positive attitude when driving
That statement is false
In order to be a good driver, you need to follow many regulations even if it cause a lot more time for you to reach your destination. (such as following traffic lights, not cutting out another drivers, etc).
This would require a lot of patience that could only be achieved if you strive to develop positive attitude on and off the road.
When your ability to divide your attention is impaired the chances of being involved in a collision increase a bal as low as has been shown to affect divided attention while driving?
Answer:
0.02
Explanation:
If the ratio for unit cost to sales price for a product is 1:4, how much would the selling price be for a product if it has a unit cost of $33.85
The tendency for people who have first agreed to a small request to comply to a larger request is called the phenomenon
Answer:
foot-in-the-door phenomenon
Explanation:
Nike's strong, favorable, and unique associations-such as performance, innovative technology, and winning-are examples of ________.
If lightning is striking nearby when people are outside and there is no time to evacuate, they should:
What does 1/4 of a can of coffee cost if 4 cans of coffee costs $2.40?
When you are interpreting financial ratios, it is useful to compare a company's ratios to some form of standard. true?
A server expects a group of poorly dressed customers to be stingy tippers and gives them poor service, so he gets the result that he expects, a very small tip. this is an example of
Before the development of money as a medium, goods and services were exchanged through a ________ system.
Answer:
I don't know if you do but i take k12 and the answer to that quiz is barter system.
Explanation:
How is the national debt affected by the national budget?
A. The debt decreases as the government prints money.
B. The debt decreases when spending is greater than taxes.
C. The debt increases every year that there is a budget deficit.
D. The debt increases when the budget is balanced.
Answer:
The debt increases every year that there is a budget deficit
Explanation:
When the national spending is greater than national revenue there is budget deficit. The national debt is accrual of that budget deficit. Hence when there is budget deficit there is increase in national debt.
When the government spends more than it earns through taxes, a budget deficit results which increases the national debt. The debt rises every year there is a budget deficit as the government must borrow to cover the shortfall.
Explanation:The national debt is significantly affected by the national budget. When the government spends more than it collects in taxes, a budget deficit occurs. This deficit leads to an increase in the national debt because the government must borrow to cover the shortfall.
So, to answer your question, option C is the most accurate: 'The debt increases every year that there is a budget deficit.' This is because a budget deficit means the government has spent more than it has collected in revenue, and therefore needs to borrow money to make up the difference, increasing the national debt.
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At a business cycle trough, cyclical unemployment is ______ and at a business cycle peak, cyclical unemployment is ______.
Cyclical unemployment is high at a business cycle trough and low at a business cycle peak.
Explanation:At a business cycle trough, cyclical unemployment is high and at a business cycle peak, cyclical unemployment is low. During a recession, which is typically associated with a trough in the business cycle, there is a high level of cyclical unemployment as businesses reduce production and lay off workers. On the other hand, during an expansionary phase or peak, there is a low level of cyclical unemployment as businesses expand and hire more workers. It is important to note that cyclical unemployment is just one type of unemployment, and it is influenced by the overall health and performance of the economy.
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A production function shows output that can be produced from
A production function shows the maximum output that can be produced using various combinations of inputs such as labor or capital. It is often expressed as a mathematical equation. The law of diminishing returns applies, meaning at some point, adding more inputs will not proportionately increase the output.
Explanation:A production function illustrates the output that can be created from using certain amounts of inputs in the production process. It depicts the association between the quantity of factor inputs (like labor or capital) and the resulting output of goods or services. For instance, a company may increase the quantity of raw materials and labor to increase production. However, the law of diminishing returns identifies a point after which the addition of more inputs does not result in proportionately increased output.
In mathematical terms, the production function is usually expressed as Q=f(L, K) where Q is the quantity of output, L is the quantity of labor, and K is the quantity of capital.
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Personal likes and dislikes affect the elasticity of a good or service true or false
Personal likes and dislikes do not directly affect the elasticity of a good or service.
It is false to say that personal likes and dislikes affect the elasticity of a good or service directly. Price elasticity is primarily determined by factors such as the availability of close substitutes, the percentage of income required for the purchase, and the duration of a price change.
However, personal preferences can indirectly impact the perceived necessity and substitutability of a good, which might influence its elasticity. For example, if a product is a basic necessity for someone, their sensitivity to price changes may be minimal, resulting in inelastic demand for that product.
Income elasticity reflects how demand changes as consumer income changes. Goods that are deemed essential, such as food and fuel, tend to have income elasticities less than 1, which implies that demand doesn't change much with income variations.
On the other hand, non-essential and luxury goods, such as leisure goods and foreign holidays, possess much higher elasticities, indicating greater sensitivity to income changes. When there are many substitutes and the cost of a product represents a high percentage of someone's income, price elasticity tends to be higher.
If one purchases an inferior good, which has a negative income elasticity, this means that demand decreases as income increases.
The income elasticity of any other good they purchase must counterbalance this to some degree, likely being positive, as overall spending power increases.
Calculate the simple interest you would receive in one year on a savings account that earns 5% annual interest. your beginning balance is $255.19.
The financial statements of gervais manufacturing company report net sales of $500,000 and accounts receivable of $80,000 and $40,000 at the beginning and end of the year, respectively. what is the accounts receivable turnover for gervais?
In the past, how have you handled receiving conflicting instructions from different people at the same time?
Analyze what happens to the market for cheeseburgers if the price of bratwursts falls
When a price floor that has an impact is imposed, the quantity?
Select all rights of consumers.
the right to be safe
the right to receive compensation
the right to choose freely
the right to be heard
the right to be informed
the right to education
the right to quick and speedy returns
the right to service
All of them are correct except, "The right to quick and speedy returns."
If the economy is below its full-employment level of real national income, a supply-side economist would argue the appropriate policy is