Whenever the population has a normal probability distribution, the sampling distribution of ? is a normal probability distribution for
a. only large sample sizes
b. only small sample sizes
c. any sample size
d. only samples of size thirty or greater
C
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All of the following are sources of dynamic gains from trade EXCEPT
a. specialization and the reallocation of existing resources. b. additional savings and investment that occurs over a period of time. c. economies of large-scale production. d. economic stimulus provided by increasing levels of competition.
Wilson Custom Cabinetry makes cabinets to order and prices the completed jobs at product cost plus 40%. Recently, Wilson finished a job and billed the customer $560. If direct materials for the job cost $130, and direct labor cost $180, what was the applied overhead for the job?
A) $250 B) $179 C) $350 D) $400 E) $90
A contract between a retailer and a supplier provides that payment is due upon delivery of goods by the supplier. The retailer's duty to pay and the supplier's duty to deliver constitutes ________
A) an implied condition B) a condition precedent C) a condition subsequent D) concurrent conditions
Discuss nine guidelines for effective meetings