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Business, 18.01.2020 02:31 rockinrachel9099
Acbs news/new york times opinion poll asked 1,190 adults whether they would prefer balancing the federal budget over cutting taxes and 59% of those asked said "yes." suppose that in fact 62% of all adults favor balancing the budget over cutting taxes. if you take a large number of srss of size 1,190, the sample proportions who favor balancing the budget will vary. some will be lower than 62% and some will be higher, but the average sample result will be very close to 62%. this fact is called
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Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?
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