Answer:
a. The rate of change of the price per pound with respect to the quantity of coffee sold when the price is $5 per pound.
b. pounds/dollar
Explanation:
(a) What is the meaning of the derivative f '(5)?
Given Q = f(p) .............................................. (1)
Differentiating Q with respect to p gives us:
qQ/dp = f'(p) ................................................ (2)
Equation (2) implies the rate of change of the price per pound with respect to the quantity of coffee sold.
When p = 5, we have:
qQ/dp = f'(5) ................................................ (3)
Equation (3) implies the rate of change of the price per pound with respect to the quantity of coffee sold when the price is $5 per pound.
(b) What are the units of f'(5)?
Since we have qQ/dp = f'(5) as shown in equation (3), it implies that the units of of f'(5) are pounds/dollar.
Answer:
A.) private, nonrival, and excludable
B.) Common resources
C. Faster
Explanation:
A. A privately owned forest is a private good. This goods ownership is restricted to those that bought it. No one else shares in the use of this good. Therefore the answer here is that it is private, non rival and also excludable.
B. If anyone is able to enter a government forest legally it means it is a common good. Common goods are goods with rivalry but are non excludable.
C. The rate of logging in a government owned forest would be faster since there is little cost to cutting the trees, especially when there is no regulation.
Sophia’s ethical obligation is to inform Pete about the mistake made in the draft of contract.
<h3>What is an ethical obligation
?</h3>
An ethical obligation refers to a moral requirement to follow a certain course of action.
Hence in this case, Sophia’s ethical obligation is to inform Pete about the mistake made in the draft of contract and correct the same.
<h3>Should she tell him about the mistake? </h3>
Yes, she should tell him because both party in a contract are expected to be transparent and disclose facts to one another.
<h3>What
Life Principles would i apply in this situation?</h3>
I will apply the life principles of transparency.
Read more about ethical obligation
<em>brainly.com/question/25891637</em>
Answer:
1 and 3 option
Explanation:
Which of the following statements are correct concerning the present value of $1.00 five years from today discounted at 5%? The present value is equal to $1.00 divided by 1.05 to the 5th power and If the discount rate were more than 5%, the present value would be smaller.
To calculate present value:The present value is equal to $1.00 divided by 1.05 to the 5th power, Therefore
Present value= the future value/(1+r)n where n=5, r= 0.005 or 0.006
which will be 1/(1+0.05)5
=0.78
Note:The present value interest factor for a single sum is always equal to or less than 1 and the further in time, the smaller the present value interest factor