The general manager of Green Thumb decides to conduct extensive market research for its new product. At the end of the market research, the manager estimates demand to be normally distributed, with a mean of μ = 100 and a standard deviation of σ = 15. (use cost and price information from Question 1)

• How should Green Thumb alter its production plan in Question 1 as a result of the market research?

• How much increase in profit is it likely to observe?

• How does the improved forecast affect the demand lost by Green Thumb because of understocking?

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; post closing trial balance;

answer; how many employees will be needed for jobs in the coming period;

answer; measurable outcome;