a(n) occurs when a business increases its facilities and workforce by the same percentage and output increases by a larger margin while costs decrease.

True. Statutory law is a body of laws enacted by a legislature and is the primary source of law in the United States.

Statutory law involves the sale and ownership of property, as this is an issue that most legislatures must address in order to maintain order in their jurisdictions. This law would most likely be located within the civil code of the state, which is a collection of statutes that address different aspects of civil law.

Property law is a very broad field of law that governs the rights of individuals in relation to their possession and use of personal property. It sets forth rights and obligations with regards to buying, selling, and owning real property. Statutory law governs the terms and conditions of any sale, as well as the legal obligations of both the buyer and the seller.

This law also determines how the title to the property is transferred, as well as any rights that the owner has to use or manage the property. It also outlines what constitutes a valid contract for the sale or purchase of real property, and the necessary procedures for concluding such a contract.

Statutory law also governs ownership of property, and includes provisions related to the division of real property when a couple divorces, inheritance rights, zoning laws, and other regulations. Finally, it also contains provisions related to the enforcement of property rights, such as eviction and foreclosure proceedings.

In summary, statutory law involving the sale and ownership of property is an important part of the law of the United States. It sets forth the rights and obligations of individuals and businesses in relation to their property, and helps to ensure that property rights are respected and enforced.

To learn more about Statutory law  here:

https://brainly.com/question/864793#

#SPJ11

An external firm that specializes in the creation, production, and/or placement of a marketing communications message is known as an advertising agency.

Advertising agencies are organizations that provide a range of marketing communication and advertising services to their clients. The job of an advertising agency is to help companies promote their products or services in the most effective and cost-effective way possible. An advertising agency can assist a company in defining a brand strategy, developing creative concepts and messages, producing ads and other promotional materials, and executing campaigns that meet the company's goals and objectives. They provide a full range of services, including creative development, media buying and planning, research, public relations, sales promotion, and other related services.

Advertising agencies frequently take on a significant role in helping clients achieve their marketing goals. They serve as an intermediary between the client and the media, creating and placing advertisements on behalf of the client. This entails a variety of tasks, such as determining the target audience, selecting the appropriate media to use, developing the creative content, and monitoring and measuring the campaign's effectiveness.

To know more about advertising  click on below link :

https://brainly.com/question/16257206#

#SPJ11

Grease payments are all of the following except for: D. small sums of money. What are grease payments?Grease payments are a type of bribe that is paid to low-ranking government officials or employees to expedite or facilitate routine administrative procedures. These payments are made to speed up a process, such as issuing a permit or licence, getting a visa or passport, or speeding up the delivery of goods through customs.

In a developing country, a bribe paid to a minor official or clerk is known as a "grease payment" or "speed money." These types of payments are often small, and their primary purpose is to facilitate the performance of routine, non-discretionary functions that the government is supposed to provide to its citizens.

Examples of grease payments include tipping an official at the Department of Motor Vehicles to move to the front of the line, paying a small sum to get one's passport application processed quicker than usual, or giving a small bribe to a customs official to release a shipment of goods through red tape.

To know more about grease payments refer here :

https://brainly.com/question/30472400#

#SPJ11

The answer is option C, $100,000.

The stockholders' equity at the beginning of the year was:

Stockholders' equity = Total assets - Total liabilities

Stockholders' equity = $100,000 - $80,000

Stockholders' equity = $20,000

During the year, the business recorded net income as:

Net income = Revenues - Expenses

Net income = $210,000 - $110,000

Net income = $100,000

Dividends paid during the year were $20,000.

So, the stockholders' equity at the end of the year is:

Stockholders' equity = Stockholders' equity at the beginning of the year + Net income - Dividends

Stockholders' equity = $20,000 + $100,000 - $20,000

Stockholders' equity = $100,000

Therefore, the answer is option C, $100,000.

You can read more about liabilities at https://brainly.com/question/14921529

#SPJ11

Janet's task of reviewing the company's policies for hiring contractors to ensure compliance with the ethical mission statement is an example of (A) renewed emphasis on ethics and ensuring legal and regulatory compliance.

Janet's task of reviewing the company's policies for hiring contractors to ensure compliance with the ethical mission statement is an example of a renewed emphasis on ethics. The increasing importance of ethical considerations in business operations is driven by a growing awareness of the impact that corporate activities can have on society and the environment.

As a result, many companies are recognizing the importance of integrating ethical considerations into all aspects of their operations, including the hiring and management of contractors. By ensuring that the company's policies for hiring contractors align with its ethical mission statement, Janet is helping to promote a culture of ethical awareness and responsibility within the organization.

Learn more about renewed emphasis: https://brainly.com/question/6970545

#SPJ11

Hen a company changes its work processes, such as changes in the sequence of workstations or assembly line processes, the change is in the area of operations management.

When a company changes its work processes, such as changes in the sequence of workstations or assembly line processes, it is making changes in the area of operations management.

Process changes can be made to improve efficiency, reduce costs, increase quality, or better meet customer needs. By changing the sequence of workstations or assembly line processes, a company may be able to reduce the time it takes to produce a product or service, reduce the risk of errors, or better utilize resources.

Overall, the objective of changing work processes is to improve the performance of the company's operations, which can ultimately lead to increased profitability, customer satisfaction, and competitive advantage.

Learn more about operation management here:https://brainly.com/question/1382997

#SPJ1

The Federal Reserve is attempting to cool the economy by decreasing the money supply through its monetary policy tools.

The Federal Reserve is the central bank of the United States, and it is responsible for setting the monetary policy for the country. The Federal Reserve's main tool for controlling the money supply is by raising or lowering the federal funds rate.

When the Federal Reserve announces it is decreasing the money supply through its monetary policy tools, it is trying to cool the economy. This is because increasing the money supply can stimulate the economy and make it grow, while decreasing the money supply can slow the economy.

The Federal Reserve's decision to decrease the money supply is usually done when it feels the economy is growing too quickly and needs to be cooled off. By decreasing the money supply, it makes it harder for banks to lend money and businesses to get credit. This reduces consumer spending and economic activity, which helps cool the economy.

Learn more about Federal Reserve https://brainly.com/question/25817380

#SPJ11

Marx may not agree that higher wages like those created by a minimum wage would resolve the issues he is discussing.

This is because Marx believed that the working class would never attain true freedom or justice without a radical change in society, such as the overthrow of the capitalist system. He argued that workers were exploited because they were forced to sell their labor to capitalists in order to survive, and that capitalists appropriated the surplus value created by workers.

Marx also believed that the existence of the working class depended on the perpetuation of capitalism, which was ultimately a contradiction because capitalism depended on the exploitation of workers. Marx's solution to this was to abolish capitalism and establish a socialist system in which the means of production were owned and controlled by the working class, and workers received the full value of their labor. In this system, the working class would be able to realize their full potential and achieve true freedom and justice.

Therefore, it is unlikely that Marx would support the idea that higher wages like those brought about by a minimum wage would resolve the issues he is discussing, as they would not fundamentally change the nature of the capitalist system.

To know more about minimum wages refer to:
https://brainly.com/question/28331168

#SPJ11

The sales level at which a corporation is profitable is known as the break-even point. has a profit that is equal to its fixed expenses.

Fixed costs are equivalent to the contribution margin. has no money to her name. Therefore, choices (A), (B), and (D) are correct.

The break-even point (BEP) or break-even level denotes the volume of sales necessary to cover all expenses, which include both fixed and variable costs to the business, in either unit (quantity) or revenue (sales) terms.

At the break-even threshold, there is no overall profit. A corporation can only surpass the break-even point if revenues are more expensive than variable costs per unit.

Learn more about break-even point, from :

brainly.com/question/32507413

#SPJ12

The feature of services referred to in the question is that services are often intangible and occur simultaneously with the customer's receipt of them.

Services, such as a visit to the doctor's office, happen at the same time the customer receives them, meaning they cannot be stored or saved for later. This is not the case with products, which can often be purchased, stored, and saved for later.

Additionally, services are typically personalized and often cannot be standardized. They are tailored to the customer's individual needs and circumstances. Therefore, products and services differ in that services are often intangible and occur simultaneously with the customer's receipt of them.

See more about services at https://brainly.com/question/25922327.

#SPJ11

The given statement, "If Isabelle considers pizza and salad to both be normal goods, when her income increases, she will maximize her utility by consuming at point C", is false (F) because without information about Isabelle's preferences or the price of pizza and salad, we cannot determine where she would choose to consume in response to an increase in income.

The statement assumes that Isabelle's preferences for pizza and salad remain constant regardless of her income or the prices of the two goods. However, this may not be the case, as her preferences may change as her income changes.

Additionally, we do not know the prices of pizza and salad, which would also affect her consumption choices. Without this information, we cannot determine where Isabelle would choose to consume in response to an increase in income.

Learn more about utility maximization https://brainly.com/question/6002054

#SPJ11

The statement is true. iTunes' pricing model is based on a variable pricing strategy, which means that the value individuals attach to songs varies across songs and different people. This strategy allows iTunes to charge a higher price for popular songs while charging a lower price for less popular ones. By doing so, iTunes can potentially increase their profits as they can capture a larger share of the market for popular songs while still generating some revenue from less popular ones.

In addition, by using price discrimination, iTunes can increase the overall revenue it generates from the sale of songs. This is because price discrimination allows iTunes to sell more songs overall, as it can cater to a wider range of consumers with different preferences and price points. For example, some consumers may be willing to pay $1.29 for a hit song, while others may only be willing to pay $0.99. By setting different prices for the same song, iTunes can capture revenue from both types of consumers, instead of losing the second group entirely. This ultimately increases the revenue generated by iTunes from the sale of songs.

Learn more about  iTunes: brainly.com/question/14002979

#SPJ11

In order to avoid making costly mistakes due to the potential shortcomings of the SWOT analysis, a manager should complement the SWOT analysis with other analytical tools.

SWOT analysis is a method of strategic planning that assesses the Strengths, Weaknesses, Opportunities, and Threats (SWOT) of a business venture, project, or organization. It entails identifying the internal and external factors that are advantageous and unfavorable to the organization. As a result, a SWOT analysis serves as a useful tool for organizing information, developing objectives, and identifying approaches to attain those objectives.

However, SWOT analysis has a few disadvantages, including the risk of subjectivity, which may affect the conclusions drawn from the data collected. Another issue is that SWOT analysis does not provide an accurate picture of the market environment or the level of competition, which is critical for making informed decisions. As a result, it is recommended that the SWOT analysis be used in conjunction with other analytical methods to enhance the accuracy of the conclusions drawn from the data gathered.

Learn more about SWOT analysis here: https://brainly.com/question/19626045

#SPJ11

Personal selling is a two-way flow of communication between buyer and seller designed to influence a purchasing decision. It is a marketing strategy where a company’s sales representatives connect with potential customers to provide information and assist with product purchases.

It is used to educate customers on product features, overcome objections, and answer customer questions. Personal selling often includes persuasive techniques and attempts to build relationships with potential customers. The goal is to generate sales, as well as to create long-term customer relationships.

Personal selling may involve face-to-face conversations, phone conversations, emails, or other forms of communication. Sales representatives typically use a variety of strategies to understand customer needs and find the right product to meet those needs.

Personal selling can be a powerful tool to increase sales, as it allows companies to connect directly with customers and build strong relationships with them. However, it is also time-consuming and expensive. Therefore, it is important to carefully consider whether this marketing strategy will be effective for your business before investing in it.

To learn more about Personal selling here:

https://brainly.com/question/7304387#

#SPJ4

The statement a lease with option to buy is a good home buying solution for some buyers is false

The buyer always loses money in this type of arrangement. Lease with option to buy, also known as rent-to-own, is a contract in which a potential buyer rents a property for a certain period of time before deciding whether or not to buy it.

In some situations, a lease with option to buy is a useful home buying alternative for individuals who don't have enough money for a down payment, those with a low credit score, or those who are not yet ready to buy a home.

A lease with option to buy, also known as a rent-to-own or lease-purchase agreement, is a contract in which a potential buyer rents a property for a set period of time before deciding whether or not to purchase it. The buyer usually pays a lump sum payment upfront or in instalments, which is kept as a deposit.

After that, the buyer will pay a monthly fee as they would if they were renting a property.

Some of the pros of a lease with option to buy are:

However, there are also drawbacks, such as the buyer losing their deposit money if they don't buy the property or if they are unable to maintain the monthly payment or if they are unable to get a mortgage.

To know more about lease, click on the link below:

https://brainly.com/question/29216664#

#SPJ11

The inventory cost flow assumption that is commonly used internally by companies that externally report under the LIFO cost flow assumption is the FIFO (First-in, First-out) cost flow assumption.

The LIFO method assumes that the most recent items purchased are the first items sold. Therefore, in periods of rising costs, the cost of goods sold will be higher under LIFO, leading to a lower net income and a lower tax liability.

However, FIFO is often used internally because it provides a more accurate representation of the actual cost of goods sold. FIFO assumes that the first items purchased are the first items sold, which makes sense for many types of products, especially perishable goods. This method can also result in a lower tax liability, but it is not as dramatic as under LIFO.

In summary, the inventory cost flow assumption that is commonly used internally by companies that externally report under the LIFO cost flow assumption is the FIFO cost flow assumption.

Learn more about FIFO at

https://brainly.com/question/6352710

#SPJ11

Using actual exchange rates, Turkish GDP per capita is approximately 87.5 US Dollars. Using PPP-implied exchange rates, Turkish GDP per capita is approximately 280 US Dollars, the GDP per capita in USD terms is higher when using PPP-implied exchange rates than when using actual exchange rates.

To convert Turkish GDP per capita from Turkish Liras to USD using actual exchange rates, we need to know the current exchange rate between Turkish Lira and US Dollars. Let's assume the exchange rate is 8 Turkish Liras to 1 US Dollar.

(i) Using actual exchange rates:

Turkish GDP per capita in USD terms = Turkish GDP per capita / Exchange rate

= 700 Turkish Liras / 8 Turkish Liras per USD

= 87.5 US Dollars

(ii) Using PPP-implied exchange rates:

To calculate GDP per capita using PPP-implied exchange rates, we need to use the PPP conversion factor which reflects the relative cost of goods and services in different countries. Let's assume the PPP conversion factor for Turkey is 2.5.

Turkish GDP per capita in USD terms = Turkish GDP per capita / PPP conversion factor

= 700 Turkish Liras / 2.5

= 280 US Dollars

Comparing the two values, we can see that the GDP per capita in USD terms is higher when using PPP-implied exchange rates than when using actual exchange rates. This is because PPP conversion factors take into account the differences in prices between countries, whereas actual exchange rates only reflect the relative value of currencies.

To know more about Exchange Rate :

brainly.com/question/29562028

#SPJ11

A firm has total assets of $2,000,000. it has $900,000 in long-term debt. the stockholders equity is $900,000 The total debt to asset ratio of the firm is 0.45.

The total debt to asset ratio is the ratio of the total debt of an enterprise to its total assets. It indicates the amount of an enterprise's funding that is provided by creditors as opposed to investors.

[tex]Total debt to asset ratio = Total liabilities/ Total assets\\[/tex]

[tex]Total assets = $2,000,000\\Long-term debt = $900,000\\Stockholders equity = $900,000\\[/tex]

[tex]Total liabilities = long-term debt = $900,000\\[/tex]

[tex]Total debt to asset ratio = Total liabilities/ Total assets\\900,000 / 2,000,000= 0.45\\[/tex]

Therefore, the total debt to asset ratio is 0.45.

The ratio expressed as a percentage.

[tex]0.45 x 100 = 45% \\[/tex]
The total debt to asset ratio is 45%.

Learn more about asset ratio here:

https://brainly.com/question/5905586

#SPJ11

The pair that often leads to conflict escalation, confusion, and anxiety in businesses are communication and management. The correct answer is option B.

Communication is the exchange of information and ideas between individuals or groups. Communication, in any setting, is critical for ensuring that people are on the same page and that everyone understands what is required of them. Communication can, however, become a source of anxiety and confusion if it is mismanaged.

Management is the process of organizing and overseeing the work of others to achieve a specific goal.  Management, on the other hand, can lead to conflict escalation if it is done improperly. Employees who feel like they are being micromanaged, for example, may become resentful, causing conflicts that could harm productivity and morale.

In conclusion, communication and management are the pair that often leads to conflict escalation, confusion, and anxiety in businesses.

Therefore option B is correct.

The question should be:

Which of the following pairs often leads to conflict escalation, confusion, and anxiety in businesses?

A. The neutrality and negativity effects

B. Communication and management

To learn more about conflicts in business visit:  https://brainly.com/question/18757530

#SPJ11

A plan that allows room for altering strategies as new information comes in or the situation changes itself is known as a flexible plan.

A flexible plan is a type of plan that is subject to alteration or modification based on new information or changes in the situation. It is an adaptable strategy that can be easily modified to accommodate a changing environment, allowing you to respond quickly to changes in the environment.

A flexible plan is used in several fields, including education, business, and personal finances, among others.

For instance, if you are a business owner, a flexible plan may assist you in rapidly adjusting your company strategy to maintain up with new developments, changes in client demand, or economic downturns. In a similar way, a teacher may need to adjust her lesson plan to accommodate a change in student ability levels or a last-minute class disruption.

A flexible plan is the opposite of a rigid or fixed plan, which is one that is unalterable or cannot be changed. Rigid plans can be useful in some circumstances, but they can also hinder your ability to adapt to a changing environment, as they require a greater degree of certainty and stability.

To know more about plan, visit: https://brainly.com/question/939242

#SPJ11

Lola Harper should use Schedule A because her itemized deductions of $13,700 are greater than the standard deduction of $12,000.

This means she can claim a larger deduction on her tax return by itemizing her deductions rather than taking the standard deduction.

Lola Harper should use Schedule A because it allows her to deduct specific expenses such as charitable donations, medical and dental expenses, and state income tax. By adding up her itemized deductions, Lola found that the total amount exceeded the standard deduction for her tax situation.

This calculation shows that Lola's itemized deductions exceed the standard deduction of $12,000 for her tax situation, so she would benefit more from itemizing her deductions on Schedule A rather than taking the standard deduction.

Learn more about Tax deduction https://brainly.com/question/29454543

#SPJ11

The type of decision making that involves recognizing a problem for which there are several possible solutions is known as multi-criteria decision making.

Multi-criteria decision making (MCDM) is a type of decision-making process that allows you to recognize a problem and then evaluate various options to determine which is the best solution. This type of decision-making typically involves analyzing multiple criteria that may include cost, benefit, risks, and other factors to determine the optimal solution. It involves examining the multiple criteria and weighing them against each other to make a decision.

To know more about multi criteria decision making  click on below link :

https://brainly.com/question/30242839#

#SPJ11

Companies today are held to higher standards than ever before. Consumer and other groups not only consider the quality and price of a company's products, but also its ethical and social responsibility. This includes things such as the company's environmental impact, labor practices, and product safety.

Companies today are indeed held to higher standards than ever before, and are expected to demonstrate social responsibility and ethical behavior in addition to providing quality products at competitive prices. Consumers and other groups now consider a wide range of factors when evaluating a company, including:

Learn more about  Corporate social responsibility: brainly.com/question/1373962

#SPJ11

The equivalent rate with semiannual compounding when an interest rate is 12% with quarterly compounding is 11.76%. This is because when compounding occurs more frequently, the effective annual rate (EAR) is higher.

To find the equivalent rate with semiannual compounding, use the following formula: EARsemiannual = (1 + iquarterly)4 - 1, where iquarterly is the iquarterly interest rate. In this case, quarterly = 0.12/4 = 0.03. Therefore, EARsemiannual = (1 + 0.03)4 - 1 = 11.76%.

The formula for calculating the equivalent interest rate is: r = (1 + i/m) ^ m - 1 where: r = equivalent interest rate i = nominal interest rate m = number of compounding periods per year assuming that the nominal interest rate is 12% and it is compounded quarterly (4 times per year), then the number of compounding periods per year, m = 4.

Therefore, r = (1 + i/m) ^ m - 1= (1 + 0.12/4) ^ 4 - 1= 1.03 ^ 4 - 1= 1.1255 - 1= 0.1255 or 12.55% when the interest rate is expressed semiannually (2 times per year), the equivalent rate is: r = (1 + i/m) ^ m - 1= (1 + 0.12/2) ^ 2 - 1= 1.06 ^ 2 - 1= 1.1236 - 1= 0.1236 or 12.36%Therefore, the equivalent rate with semiannual compounding is 12.36%.

To know more about compounding, refer here:

https://brainly.com/question/30694905#

#SPJ11

Suppose the market clearing price is $15 and the price ceiling is $17. Then The price that prevails in the market will be $17.

What is the market clearing price? The market clearing price is a situation in which the number of goods and services demanded is equal to the number of goods and services supplied. It is the point where the buyers and sellers agree on a price at which they are willing to trade.

A price ceiling is the highest price that can be legally charged for a good or service. It is used by the government to protect consumers from price gouging by suppliers. This is often done in industries where supply is limited and the demand is high.

The price that prevails in the market will be $17 because the price ceiling is $17. This means that suppliers can't charge more than $17. The market clearing price is $15, which is lower than the price ceiling. Since suppliers can't charge more than $17, they will charge $17, which is the highest price they can charge.

So, the price that prevails in the market will be $17.

To learn more about market clearing prices and price ceilings refer to the: https://brainly.com/question/30612704

#SPJ11

The cost allocation method most widely used because of its accuracy and ability to provide a detailed level of analysis is activity-based costing (ABC).

ABC is a cost accounting method that helps identify activities that cause costs and then assigns those costs to products or services.

ABC helps companies allocate resources more effectively by taking into account all activities that contribute to a product's or service's cost. ABC also helps identify cost drivers, or activities that consume the most resources, and make more accurate decisions about pricing and investments.

With ABC, companies can better understand the true cost of their products or services and make more informed decisions about their investments and production processes.

To know more about investment click on below link:

brainly.com/question/15105766#

#SPJ11

Option (a), Direct controls the marginal cost of production due to the necessity for enterprises to operate and maintain pollution control equipment.

The net benefit to society would rise if the amount of pollution were raised because the marginal benefit of more pollution outweighs its marginal cost. For any pollution level below 34 units, the effective treatment, that is true.

A control that is directly imposed upon the production, pricing, and distribution of particular goods is known as a direct control in accounting, as opposed to an indirect or general control (such as a credit or fiscal policy), which only indirectly affects particular goods and the economy as a whole.

Learn more about Direct controls: https://brainly.com/question/887707

#SPJ1

The complete question is:

Direct controls on pollution raise the marginal cost of production because

Delta Diamonds had five one-carat diamonds available for sale this year: one purchased on June 1 for $500, two purchased on July 9 for $550 each, and two purchased on September 23 for $600 each.

On December 24, it sold one of the diamonds purchased on July 9. Using a periodic specific identification, its inventory after the December 24 sale is $2,250.

The periodic specific identification method is a method of inventory valuation in which the cost of each item sold and each item remaining in inventory is physically tracked and recorded. In this scenario, the company bought five one-carat diamonds throughout the year, with the following specifics:

One diamond was purchased on June 1st for $500.

Two diamonds were purchased on July 9th for $550 each.

Two diamonds were purchased on September 23rd for $600 each.

So, the total amount spent on buying five one-carat diamonds is:

= $500 + ($550 × 2) + ($600 × 2)

= $2,400.

On December 24th, the company sold one of the two diamonds purchased on July 9th.

Hence, the cost of goods sold (COGS) for that item is: $550.

The cost of inventory remaining after the sale is:

Total cost of five diamonds = $2,400 - COGS of the sold diamond

= $2,400 - $550

= $1,850.

However, there are still four diamonds in the inventory, one from June 1st and two each from July 9th and September 23rd. The total cost of inventory with respect to these four items is:

=$500 + ($550 × 1) + ($600 × 2)

= $2,250.

Therefore, using the periodic specific identification method, the inventory after the December 24 sale is $2,250. Answer: $2,250.

Learn more about delta inventory https://brainly.com/question/15892904

#SPJ11

The statement "A cash flow statement places each source or use of cash into one of three broad categories: operating activities, investing activities, or financing activities" is true because a cash flow statement is a financial statement that displays all cash inflows and outflows from a company's operations in a given period.

A cash flow statement is a financial statement that displays all cash inflows and outflows from a company's operations in a given period. This statement can be used to assess the overall financial position of a company.

The three broad categories into which cash inflows and outflows are divided are as follows:

Operating activities are those that relate to the core operations of the company.

Investing activities are those that relate to the acquisition and sale of long-term assets, such as property, plant, and equipment, as well as investments in securities.

Financing activities are those that relate to the raising and repayment of capital.

To know more about cash flow statement refer here

https://brainly.com/question/29768594#

#SPJ11

a. To find the probability of $250 to $300 in unusual activity in a month, we need to calculate the z-scores for $250 and $300. The mean is $250 and the standard deviation is the square root of the variance, which is sqrt($391) ≈ $19.75.

Z-score for $250: (250 - 250) / 19.75 = 0
Z-score for $300: (300 - 250) / 19.75 ≈ 2.53

Now, using a z-table, we find the probability of having a z-score between 0 and 2.53. The corresponding probabilities are 0.5 and 0.9943. Therefore, the probability of $250 to $300 in unusual activity in a month is 0.9943 - 0.5 = 0.4943, or 49.43%.

b. To find the probability of more than $300 in unusual activity in a month, we use the z-score for $300, which is 2.53. The probability of having a z-score less than 2.53 is 0.9943, so the probability of more than $300 is 1 - 0.9943 = 0.0057, or 0.57%.

c. To find the probability that at least one of these 10 customers exceeds $300 in unusual activity in a month, we first calculate the probability that none of them exceed $300. The probability of a single customer not exceeding $300 is 1 - 0.0057 = 0.9943. For 10 independent customers, the probability of none of them exceeding $300 is (0.9943)^10 ≈ 0.9573. Therefore, the probability of at least one customer exceeding $300 is 1 - 0.9573 = 0.0427, or 4.27%.

Learn more about probability:

https://brainly.com/question/24756209

#SPJ11