as a general rule, is it safe to assume that a change in the price of a good will always have its most significant impact on the quantity demanded of that good, rather than on the quantity demanded of other goods? explain.

The decision would be to reject the null hypothesis. The value of the p value is seen to be less than that of the significance

The hypothesis is

H0: u ≥ 8

h1 : U < 8

a. find the critical value

degree of freedom = 18 - 1

= 17

t critical = -1.333

the decision rule is that if t ≥ -1.333, then you have to reject the null hypothesis. If it is the other way , you have to fail to reject the null hypothesis.

Using minitab, the test statistic for the test is given as -1.41, while the p value is given as 0.088. The test result from the Minitab output is added as an attachment to the question.

c. The decision would be to reject the null hypothesis. This is due to the fact that the p value is less than the level of significance that was stated at 10 percent.

Read more on statistics here:

https://brainly.com/question/15980493

#SPJ1

Answer:

Attorney

Explanation:

A CPA and enrolled agents both offer tax services including return preparation while an attorney will represent you in the case of an IRS lawsuit. Thus, "attorney" is the correct filler.

An attorney is a person with legal training and education as well as courtroom experience. An attorney is, in essence, a person who represents a client in a court of law. The word "attorney" has French roots and comes from a verb that means to represent someone else. An attorney is a shortened version of the official title "attorney at law."

The differences in the functions and responsibilities of the two professions are crucial to comprehend, much like the discrepancy between the definitions of lawyer and attorney. As previously said, both have formal legal education and training, but a fundamental distinction between an attorney and a lawyer is frequently how one uses their knowledge and expertise.

Learn more about attorneys, here:

https://brainly.com/question/12270776

#SPJ12

In a case whereby wheat is produced in a perfectly competitive market if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will increase.

Perfect competition can be described as the kind of competition that do take pace a s a result of how the  companies sell identical products.

It should be noted that in this market, the companies can exit at any time they want and in this market the share does not influence price in the market because there are alot of the firms there.

Therefore option A is correct.

Read more about competitive market at:

https://brainly.com/question/4190313

#SPJ1

As wheat is produced in a perfectly competitive market, if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will increase.

Perfect market competition refers to the type of market structure where all producers and consumers have proper and symmetric information about the market and product.

Perfect market competition has the features of a large number of buyers, a large number of sellers and all products are homogeneous.

Basically, the perfect competitive market occurs when all the companies sell identical or homogeneous products.

Learn more about perfectly competitive market here:-

https://brainly.com/question/13961518

#SPJ1

True. You should consider the interest threshold while selecting a savings account.

Interest thresholds are the maximum amount that you can keep in your savings account, also referred to as the threshold limit. This means that it is important to choose an account that holds the threshold at an amount that is convenient and suitable to your needs.

The other criteria that need to be taken into account while choosing a savings account are:

Simple financial transactions are one benefit of a savings account, as well as interest payments, ATM and debit card services, chequebook and passbook services, net banking and mobile banking, and a minimum average balance.

Learn more about a savings account here: https://brainly.com/question/4089097

Being in the 28% tax bracket the bond will provide an equivalent taxable yield of 8.68%. So, the appropriate answer choice is option (c).

The return required by a taxable bond to match the yield of an equivalent tax-exempt municipal bond is known as the tax-equivalent yield. In general, tax consequences are a challenging, significant, and frequently ignored component of any financial strategy. Investors might benefit from the tax-equivalent yield computation, especially those in higher tax brackets. The yield on a taxable bond that an investor would need to earn in order to match the return on a comparable tax-free municipal bond is known as the tax-equivalent yield.

Since municipal bonds typically have low expected returns, the true impact of investing in them to save on taxes is frequently difficult to fully quantify. The computation aids the investor in choosing between taxable and tax-free investments, like tax-free municipal bonds. This knowledge is essential since it might be challenging to match municipal bonds' tax-free benefit with other investments.

To know more about taxable bonds, visit :

https://brainly.com/question/18917324

#SPJ4

Based on the hypotheses:

H0: μ = 470

H1: μ ≠ 470

This is further explained below.

Generally,

H_0:[tex]\mu[/tex]=470

H_1: [tex]\mu \neq[/tex] 470

[tex]n=13, \\\\ \bar{x}=475, \quad 3=9, \\\\ \alpha=0.05[/tex]

Solving for test

(b) The test statistic

[tex]$t^*=\frac{\bar{x}-\mu}{s / \sqrt{n}}$.[/tex]

[tex]\begin{aligned}t^* &=\frac{475-470}{9 / \sqrt{13}} \\\end{aligned}$$[/tex]

=2.00388

t=2.00

Hence for a)

x / 2=0.025$

d f=13-1=12$

t_{x / 2} d f=t_{0.025,12} (Two-tailed test)

Critical values are = ± 2.179

Decision rules:

Reject H_0 if t^*<-2.179 or t^*>2.179

(c ) The test statistic t^* fall between the two critical regions.

Decision:

Do not reject to

Read more about test statistic

https://brainly.com/question/14128303

#SPJ1

The project that should be adopted based on the net present value is project B.

The project that should be adopted based on the internal rate of return is project B.

Net present value is the present value of after-tax cash flows from an investment less the amount invested. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The decision rule when using the internal rate of return and the net present value is to undertake the project if the internal rate of return and net present value.

NPV and IRR can be calculated using a financial calculator:

Project A:

Cash flow in year 0 = $-106,000

Cash flow in year 1 - 5=  $27,252

I = 8 %

NPV = $2,809.33

IRR = 9%

Project B:

Cash flow in year 0 = $-46,000.

Cash flow in year 1 - 5=  $12,761

I = 8 %

NPV = $4,950.97

IRR = 12%

To learn more about IRR, please check: https://brainly.com/question/26484024

#SPJ1

Raisin growers, milk producers, and pork processors are examples of companies that have jointly supported promotional campaigns designed to build primary demand for their products. They have engaged in positive sum

Generally, When resources are expanded in some way and a method is developed in which the wants and requirements of all parties involved are fulfilled, there will be a positive sum.

This will occur when there is a positive sum. One illustration of this would be the situation in which two different parties benefit monetarily by their participation in a competition, regardless of which one wins.

The concept of a "negative-sum game" refers to a set of circumstances in which the overall sum of wins and losses is negative rather than zero, and the only option for one party to preserve the status quo is to take something away from the other side.

Read more about positive sum

https://brainly.com/question/12634360

#SPJ1

Answer:

inventory maintenance

Explanation:

This ensures there is apt bookkeeping as well as checked stock.

Derived Blank Demand is the result in which the demand for products increases rapidly and over some time. The most important thing regarding increasing consumer demand is known as the Derived Blank Demand. Hence, the above statement is correct.

Due to the Derived Blank Demand, the increase in consumer demand has also been increasing. The most common and the easiest of the demands which can be met with ease is almost present on the surface of the Derived Blank Demand.

Derived Blank Demand helps in the creation of the most important thing. TheDerive Demandincreases generally due to the increase in generosity and also the demand for the substances. The demand for some of the other commodities inclusive of all its arrangements can also be seen.

The Derived Blank Demand in the above scenario has increased because of the sudden increase in the new homes and other commodities of home.

Learn more about the Derived Blank Document here:

https://brainly.com/question/14010943

#SPJ1

Laila can sue Noor in a federal court due to federal question jurisdiction. A court having original, appellate, and advisory jurisdiction was formed in India in 1937 as per the terms of the Government of India Act 1935.

It operated up until 1950, when the Supreme Court of India was established. Despite the fact that Delhi served as the Federal Court's headquarters, a separate Pakistani Federal Court was founded in Karachi following India's partition. The Federal Court of India has the option of appealing to the jurisdiction Committee of the Privy Council in London. Any legal conflict involving the Central Government and the Provinces fell within the exclusive original jurisdiction of the Federal Court.

To learn more about Federal Court, click here.

https://brainly.com/question/1384353

#SPJ1

Answer:

Explanation:The organization’s employees are a part of the finance team, if the size of the finance team makes up two-fifths of the remainder is 13%

What is the number of employees who are regarded as remainder?

The number of employees out of the total workforce left after having deducted the number of employees making up the sales team, the customer support team the software development and HR departments is computed as shown below:

remainder of workforce=80,000-16,000-24,000-14,000

remainder of workforce=26,000

finance team=2/5*26000

finance team=10,400

finance team as % of total workforce=10,400/80,000

finance team as % of total workforce=13.00%

I hope this helps! If it does leave a thanks for me

Process performance monitoring is made possible by statistical process control (SPC) charts, which are basic graphical tools.

To Learn more about  SPC Charts refer to :

https://brainly.com/question/14267981

#SPJ4

Some questions a school counselor might ask a student to guide their selection of clubs or organizations might be:

It is essential that the student chooses activities and groups that are aligned with his/her profile, preferences and abilities. Assuming that the student likes to write and read, then the book club could be ideal for the student to further develop their skills.

The school counselor is the professional responsible for helping the student to make educational and professional decisions based on their needs, characteristics and will.

Therefore, the guidance of the student by the school counselor is advantageous for motivating and making the student understand more about their wishes and future perspectives for cognitive and social development.

Find out more about school counselor on:

https://brainly.com/question/27712678

#SPJ1

answer is attached to this ☝️☝️☝️☝️

hope it helps you

The nine P questions related to planning deal with rating how well your business is doing in the Presentation.

This is further explained below.

Generally, The 9 P questions are

The 9 P's are

1 people

2. Planning

3. Product

4. Price

5. Promotion

6. Place

7. Partners

8. Presentation

9. Passion

Information is transferred from a speaker to an audience over the course of a presentation.

The purpose of a presentation is generally to educate, convince, inspire, motivate, develop goodwill, or offer a new concept or product.

Presentations may also be in the form of demos, introductions, lectures, or speeches.

In conclusion, Dealmaking and the preparation of paperwork and reports on the state of your company's operations are both part of the presentation.

Read more about presentation

https://brainly.com/question/820859

#SPJ1

Cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) was $2,750.

Sales during the year = 500 units

Beginning inventory = 250 units at a cost of $5 per unit

Cost of goods sold in beginning inventory = 250 x $5 = $1,250

Because FIFO (First in, first out) method assumes all of the older inventory is sold first,

So, 250 units of Purchase 1 (out of total 400 units) would have been sold.

Cost of goods sold in Purchase 1 = 250 x $6 = $1,500

Total cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) = $1,250 +$1,500 = $2,750

Companies use the first in, first out (FIFO) method to calculate the cost of goods sold or COGS. The FIFO method assumes that the products which are purchased first by the company are the products which are sold first.

To know more about FIFO here

https://brainly.com/question/16681270

#SPJ1

If, as a manager, you were to give the sales staff and including the authority to decide whether to issue refunds or replace the merchandise, you would be using the technique of job enrichment.

Job enrichment refers to the process of adding motivators to the existing roles in order to increase the satisfaction and productivity for the employee. Thus, this is done through increasing the skill, autonomy, and task variety, by also providing feedback.

So, if as a manager, you are given the opportunity to decide whether to issue refunds or replace the merchandise, you would be using the technique of job enrichment. As, this technique aims to reduce boredom due to monotonous and repetitive tasks.

Hence, job enrichment is a technique used to motivate employees.

To learn more about job enrichment here:

https://brainly.com/question/13565272

#SPJ1

$7200, is the maximum amount they may be eligible to receive for the Child Tax Credit and the credit for other dependents. Thus, option (d) is correct.

What is tax?

The term tax refers to the government charge the extra money for goods and services. The tax is also called as financial charge. The amount of tax are collect to government account as spent on public welfare.

Determine the child tax credit are:

Maximum amount for child tax credit = 3600 per child in 2021 year

Maximum child tax credit = 3600×2=$7200.

As a result, $7200, the maximum amount they may be eligible to receive for the Child Tax Credit. Therefore, option (d) is correct.

Learn more about on tax, here:

https://brainly.com/question/16423331

#SPJ1

Answer:

mode are number that written in the set more than one time

Explanation:

in that case 3 and 8 both are the mode of the set

Answer:

There are two modes: 3 and 8.

Explanation:

The mode is the value that appears most frequently in a given data set.

The name of the career is Data Scientist.

A Data Scientist's job is to analyze the data for the actionable insights. So here, they have the specific tasks included which they have to perform, which are - identifying the data-analytics problems which tends to offer the greatest opportunities to the organization. Also, determining the correct data sets and variables.

Data Science is indeed a very good career with tremendous opportunities for major advancement in the future. Thus, it is seen that already, demand is high, the salaries are as well competitive, and the perks are numerous.

Hence, Data Science requires various other skills.

To learn more about Data Science here:

https://brainly.com/question/21804624

#SPJ1

Equilibrium price would increase and equilibrium quantity would increase

The equilibrium price, which is obtained when the quantity sought by consumers and the quantity supplied by producers, respectively, are equal, is the only price at which consumer and producer plans coincide. This common quantity is known as the equilibrium quantity.

A product is neither in short supply nor in excess when its quantity is in balance. When supply and demand cross, the amount of a good that consumers desire to buy is equal to the amount that its manufacturers are supplying.

To determine the quantity, enter the equilibrium price into the supply or demand function.

To learn more about equilibrium price and quantity refer to:

https://brainly.com/question/22569960

#SPJ13

The decision-makers who will decide whether or not Lillian gets the cfo position at delco corporation include: the board of directors.

The board of directors is the term that is used to refer to the body that would be in the governing council of a company. The members of the board of directors are usually known to be chosen by those that are in the shareholders position in the company. They are those that have invested in the business.

They help to carry out different functions in the company. One of the functions that they help to carry out in the business is that they help to oversee the management of the business that is done in the company and they also carry out management services in the company.

Therefore the people that would have to carry out the function of having to decide on who is going to get the position would be the board of directors especially when they meet for a meeting.

Read more on board of directors here:

https://brainly.com/question/21121907

#SPJ1

Complete question

Lillian applies for a job as the chief financial officer (CFO) of Delco Corporation. Lillian is excited about the opportunity and feels that she has a pretty good chance of getting the position. Just to make sure, Lillian decides to explore the backgrounds of the decision-makers at Delco. If Lillian knows their interests, she thinks that might increase her chances of making a good impression in the final interview. The decision-makers who will decide whether or not Lillian gets the CFO position at Delco Corporation include:

a. the shareholders of Delco Corporation.

b. the board of directors.

c. the chief executive officer, secretary, and treasurer of Delco Corporation.

The given statement is false, Pathway uses a sequence of reviews that connect researchers with potential career paths and interests.

These career pathway programs are designed to get students ready for high-paying, high-skill positions in developing or expanding local or regional industry sectors.

A career cluster's smaller subset of professions that have similar abilities is known as a false career pathway. There are various career trajectories within each career cluster. A career pathway allows you to start in a lower-lever job and advance along it as you gain knowledge and experience.

Career/Work Personality Test. Test of motivation based on desire or interest. Ability tests.

Personality evaluation

IQ or intelligence tests.

To learn more about career pathways refer to:

https://brainly.com/question/18098446

#SPJ13

In comparison to other colonies, the middle colonies, and particularly the colony of Pennsylvania, were more tolerant of religious diversity.

The Middle Colonies of British North America, which included New York, New Jersey, Pennsylvania, and Delaware, ended up being the scene of the most challenging religious diversity in western history.

William Penn, an English gentleman and member of the Society of Friends, founded the colony of Pennsylvania in the early 1680s to offer a safe haven for his fellow Quakers. But because Penn held the view that "might breeds hypocrites; It is only persuasion that wins converts," he instituted a policy of religious tolerance that drew other persecuted faiths to Pennsylvania.

To learn more about Middle colonies click here:

https://brainly.com/question/3699840

#SPJ4

Herring and Henderson contend that diversity includes valuing differences between groups but must also include addressing issues of parity, equity, and inequality.

Diversity is what makes each of us unique and encompasses everything that makes us who we are: our backgrounds, personalities, life experiences, and beliefs. Our world It is the combination of our differences that shapes our views, perspectives, and approaches. Diversity means accepting different people with different backgrounds. Examples of diversity include gender, racial, ethnic, socioeconomic, age, cultural, religious, and political diversity.

Diversity is valued today because it strengthens social groups. Here are some reasons why respecting diversity is important: When diverse strengths, skills, interests, and perspectives are understood and supported, people develop a stronger sense of identity and well-being, and achieve better educational and career outcomes.

Learn more about  diversity   here

https://brainly.com/question/1136627

#SPJ4

Simple interest = $904.88

R =9.25%.

Time=3.5.

Thus to get the amount borrowed it will be;

P= Simple interest÷ (Rate × Time).

P=$904.88÷(9.25%×3.5).

So, P = 2794.994

Therefore,The money borrowed is; $ 2794.994

What is Simple Interest?

Simple interest can be calculated by multiplying the principal by the time, rate, and time period. "Simple Interest = Principal x Interest Rate x Time" is the formula. The simplest formula for calculating interest is this one.

To know more about Simple Interest

https://brainly.com/question/20690803

#SPJ9

When a loan is made on January 19 and has a due date of October 14 during a leap year, then the exact time period of the loan in terms of number of days will be 270 days, which is roughly close to 9 months.

A time period can be referred to or considered as the duration for which a loan or any monetary engagement is due and must be paid by the date of maturity, the non-payment or any delay in repayment of which will most likely result in a default.

To calculate the number of days between January 19 and October 14,

So, it is calculated as 13+29+90+124+14=270 days

Therefore, the time period of the loan during a leap year between January 19 and October 14 will be 270 days.

Learn more about time period here:

https://brainly.com/question/22602101

#SPJ1

Generally speaking, strategy, marketing, finances, human resources, technology and equipment, and operations make up the six functional areas of business management. Customer relationship management (CRM), problem solving, and support are often the purview of customer service.

The lifeblood of manufacturing companies is the functional area of research and development, to sum up. Information management is not a management functional area. Management encompasses a variety of tasks, including those related to production, marketing, and human resources. Teams of employees in functional domains have similar Customer knowledge and abilities. A business's sales department, for instance, is a typical functional area where employees are all concerned with promoting the company's goods.

To learn more about Customer, click here.

https://brainly.com/question/13472502

#SPJ1

Having too little debt may increase the risk of default in repayment, this statements about capital structure is correct.

A company's capital structure is the specific mix of debt and equity it uses to fund both its general operations and expansion.  A company's capital structure may include a combination of common stock, preferred stock, risk, long-term debt, and short-term debt. When examining a company's capital structure, the ratio of short-term to long-term debt is taken into account.

Analysts frequently refer to a company's debt-to-equity (D/E) ratio, which sheds light on how dangerous its borrowing practises are, when discussing capital structure. A corporation with a significant debt load typically has a more aggressive capital structure, which increases the risk to investors. But this risk can be the main driver of the company's expansion.

The complete question is, "Which of the following statements about capital structure are correct? Select ALL correct answers

Learn more about Debt Capital here:

https://brainly.com/question/1957305

#SPJ1