This correlation means that: AS THE NEED FOR SOCIAL APPROVAL INCREASES, THE DIVORCE RATE DECREASES.
In negative correlation, the two measures that are been considered usually have inverse relationship between them, that is, as one is increasing, the other one will be decreasing.
When boating on a river, you might encounter these strainers and the danger of these strainers is that they can possibly trap your boats and throw the passengers out of the boat. Strainer is the term that describes anything that obstructs the way in the river such as logs, or wire fence.
Tobacco companies, Newspaper publisher, and Private utility companies,
Answer:
c. $16,930
Explanation:
We determiantes teh rates per activity first:
![\left[\begin{array}{ccccc}$Activity&$Driver&$cost&$Total&$Rate\\$Machinning&$Machine Hours&50,350&21,340&2.36\\$Filling&$Orders&28,940&1,066&27.15\\Other&&21,410&0&0\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26%24Driver%26%24cost%26%24Total%26%24Rate%5C%5C%24Machinning%26%24Machine%20Hours%2650%2C350%2621%2C340%262.36%5C%5C%24Filling%26%24Orders%2628%2C940%261%2C066%2627.15%5C%5COther%26%2621%2C410%260%260%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Now, we apply this rate into the product:
5,540 machine hours x 2.36 activity rate = 13.074,4
142 orders x 27.15 activity rate = 3.855,3
Total: 16.929,7
we round for the nearest dollar $16,930
Answer:
The correct answer is: Larger for good X than good Y.
Explanation:
The elasticity of demand, also known as the price elasticity of demand, is a concept that in economics is used to measure the sensitivity or responsiveness of a product to a change in its price. In principle, the elasticity of demand is defined as the percentage change in the quantity demanded, divided by the percentage change in the price.
This inverse relationship between price and quantity generates a negative coefficient, which is why the value of elasticity in absolute value is generally taken. The elasticity of demand is expressed as Ed and depending on the ability to respond to changes in prices, the elasticity of demand can be elastic (A) or inelastic (B). The more horizontal the demand curve, the greater the elasticity of demand. Similarly, if the demand curve is rather vertical, the elasticity of demand will be price inelastic.
In general, the demand for a good is inelastic (or relatively inelastic) when the elasticity coefficient is less than one in absolute value. This indicates that variations in price have a relatively small effect on the quantity demanded of the good. A classically inelastic product is insulin. The variations in the price of insulin have a virtually zero variation in the quantity demanded. That is, it is insensitive or inelastic at the price.
