In the next year, an economist in a particular nation believes that exports will have a mean of 165 and a standard deviation of 15 (in millions of dollars). In addition, he believes that imports will have a mean of 80 and a standard deviation of 13 (in millions of dollars). Finally, he believes that the correlation between imports and exports will be -0.36. Define the trade balance as exports minus imports. Find the mean and the standard deviation of the trade balance (in millions of dollars).

Diversity is an obstacle all marketers face: true false

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.