Answer:
B. $3 per hour
Explanation:
Given that
Cost of air travel = $300
Time of air travel = 6 hours
Cost of bus travel = $150
Time of bus travel = 56 hours
Therefore, the extra amount paid to travel by air is
Cost of air travel - cost of bus travel
= 300 - 150
= $150.
Also, the extra time saved from air travel is
Time of bus travel - time of air travel
Given as
56 - 6
= 50 hours
Thus,
The minimum value of one's time = (extra Cost paid) ÷ (Time saved)
= $150 ÷ 50 hours
= $3 per hour
Answer:
0.5
Explanation:
A screenshot is attached to get the full solution
Since the coefficient is < 1, it is inelastic
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Marty's Merchandise has budgeted sales as follows for the second quarter of the year: April $ 30,000 May $ 60,000 June $ 50,000
The Cost of goods sold is equal to 70% of sales.
The company wants to maintain a monthly ending inventory equal to 120% of the cost of goods sold for the following month. The inventory on March 31 was below this target and was only $22,000.
May:
Inventory for June= (50.000*0.7)*1.20= $42,000
<span>True. </span>
The waist circumference has a big
influence on an individual’s health condition. When most of an individual’s fat
is around the waist rather than at the hips, then they are at a high risk for a
cardiovascular disease. The risk is greater if the waist size is above 40
inches for men.
Answer:
To entice customers to use it's credit card
Explanation:
Credit Card companies use tactics like this because it sounds more appealing then having to start paying immediately. This gives them an advantage over other companies that don't offer this making more people want to use their credit card.