A Large National Retailer of Electronics Conducted a Survey to Determine

question 27

Multiple Choice

A large national retailer of electronics conducted a survey to determine consumer preferences for various brands of digital cameras and the data are summarized in the table shown below.

Of the consumers who are male, the percentage who prefer Sony is

• A) \(44.3 \% ( 305 / 688 )\)
• B) \(10.8 \% ( 33 / 305 )\)
• C) \(36.3 \% ( 33 / 91 )\)
• D) \(4.8 \% ( 33 / 688 )\)
• E) \(13.2 \% ( 91 / 688 )\)

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales activities, such as rent, salaries, and insurance premiums.

Mixed Costs

Expenses that have both fixed and variable components, changing in total with the level of activity but not proportionally.

Fixed Costs

Fixed costs, including items like rent, salaries, and insurance, do not vary based on the amount of goods produced or sold.

Variable Costs

Expenditures that shift in direct relation with the amount of output or sales, including raw materials and direct labor costs.