Complete Question:
Which of the following activities is an example of gathering data by observation.
Group of answer choices.
A. Using a database to look up the number of products returned each
week.
B. Conducting a survey of people who took a training course.
C. Reading product features in several suppliers’ online catalogs.
D. Measuring how many parts workers assemble in an hour.
Answer:
D. Measuring how many parts workers assemble in an hour.
Explanation:
An observational study can be defined as a type of study in which a researcher observes and measures the effect of a diagnostic test, risk factors, or treatments on individuals without intervening, changing or manipulating who are or aren't exposed to it (controlled conditions).
Basically, observation is a research method that involves examining a given population in order to gather certain informations about them. Thus, it is typically aimed at observing the activities that are being performed by a population of interest.
Hence, measuring how many parts workers assemble in an hour would be considered to be an example of gathering data by observation because you would have to monitor and keep an eye on the workers as they perform their jobs.
Answer:
Measuring how many parts workers assemble in an hour
Explanation:
Answer:
b. the management of limited resources to satisfy unlimited wants.
Explanation:
If the resources were unlimited, or the wants were limited, it would be quite possible to satisfy every single need and want in an almost automatic way - there would be no need for economy as such. Unfortunately, that is not the case, so we need to find ways to assign all our limited resources. That's where the government, the markets, the economic agents and the supply and demand step in.
It is in the market where we are able to trade our goods for other goods (e.g.: we trade our money for apples) - we have something, we need another thing, so we trade what we do have for what we don't have.
You cannot ask for a very high price in exchange for your good, because no one would want to buy it from you - they'd rather go see if the competition has a better deal for them.
On the other hand, what if all the sellers agree to sell their goods at a fixed price, or what if somehow one of them becomes the sole owner of the good? The consumer wouldn't have much of a choice, then, so the market would stop being efficient - supply and demand might not be adequately balanced around their equilibrium price. That's were the government and the market regulations come into the picture.
So, as you can see, the fundamental conflict of economics is that there are not enough resources to satisfy all our unlimited wants.
Answer:
The answer is B: the management of limited resources to satisfy unlimited wants
Explanation:
Checks are the most widely accepted form of payment
Debit Cards often have a higher interest rate than Credit Cards.
Debit cards offer the highest level of fraud protection.
Answer:
$35,000
Explanation:
net operating income under variable costing would be calculated by preparing income statement under variable costing.
Smith Company
income statement under variable costing system
Sales (7,500 x $40) $300,000
Less Cost of Sales (7,500 x $18) ($135,000)
Contribution $165,000
Less Expenses
selling and administrative expense ($4 x 7,500) ($30,000)
fixed overheads :
manufacturing ($80,000)
selling and administrative expense ($20,000)
Net Income $35,000
The net operating income under variable costing for Smith Company is $24,000.
The net operating income under variable costing can be calculated by subtracting the variable manufacturing cost per unit, variable selling and administrative expense per unit, and the total fixed manufacturing overhead and fixed selling and administrative expense from the total revenue.
Variable cost per unit = Variable manufacturing cost per unit + Variable selling and administrative expense per unit = $18 + $4 = $22
Total revenue = Selling price per unit × Number of units sold = $40 × 7,500 = $300,000
Total variable cost = Variable cost per unit × Number of units produced = $22 × 8,000 = $176,000
Total fixed cost = Fixed manufacturing overhead + Fixed selling and administrative expense = $80,000 + $20,000 = $100,000
Net operating income under variable costing = Total revenue - Total variable cost - Total fixed cost = $300,000 - $176,000 - $100,000 = $24,000
#SPJ3
Answer:
Comma Splice.
Explanation:
Answer:
$69.53
Explanation:
loan's balance = $94,000
interest expense per year = $94,000 x 4.5% = $4,230
interest expense per day = $4,230 / 365 = $11.5890411
the seller is responsible for 25 days of interest = 25 x $11.5890411 = $289.73
the buyer is responsible for 6 days of interest = 6 x $11.5890411 = $69.53