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3 years ago

If f(x)=7-3x and g(x)=3x-7, what is the value of f(1) + g(1)

Business

1 answer:

disa [49]3 years ago

6 0

For this question, simply plug in the value of x, as shown below.

$f(1) = 7 - 3(1)$

$f(1) = 7 - 3$

f(1) = 4

$g(1) = 3(1) - 7$

$g(1) = 3 - 7$

g(1) = -4

4 + (-4) is zero, but the answer has to be more than or equal to zero to make sense, so f(1) + g(1) ≥ 0.

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Pierre left a message on Shayna’s voicemail stating, “Hey Shayna. Regarding that painting we talked about. I changed my mind and

zysi [14]

<u>The contract between Pierre and Shayna is not a valid contract due to the lack of acceptance from Shayna. </u>

Further Explanation:

Contract:

A legally enforced agreement is considered a contract. An agreement is a promise between two parties to perform tasks for each other for some consideration. When an agreement becomes legally enforced, then it is considered as a contract. So the contract is a legally enforced promise between two parties for considerations. Both parties should get consideration and have a performance obligation.

Following factors are required for the contract:

Offer: A person should offer some consideration to another person for performing any activity or in the exchange of goods.

Acceptance of offer: The other person should accept the offer made by the first person.

Valuable consideration: There should be valuable consideration for both the parties.

Mutual obligation: Parties should promise to execute their obligated activities.

The performance capacity of the parties: Parties should be capable of performing the contract.

Legally enforcement: The contracts should be legally enforced.

These are the basic elements of a contract. If any contracts lack any of the given factors, then it will not be considered as a valid contract.

The contract between Pierre and Shayna:

In the current case, Pierre makes an offer to sell the painting to Shayna. Pierre leaves a message in the voicemail of Shayna, stating that if Shayna does not contact Pierre within one hour, then Pierre would consider that the Shayna wants to purchase the painting.

It is not a valid contract as it lacks the acceptance of the offer from Shayna.

Pierre enters the contract to sell the painting without considering the acceptance of the offer by Shayna. Pierre puts a condition that if she does not receive any revert from Shayna within one hour, then she would consider that Shayna has accepted the offer. For a valid contract, the promisee should accept the offer but the condition of acceptance (revert within one hour) does not state for the acceptance of Shayna. So, it will not be considered a valid contract.

<u>Thus, the contract between Pierre and Shayna is not a valid contract due to non-acceptence. </u>

Learn more:

1. Learn more about the cash deficiency

brainly.com/question/12981857

2. Learn more about the span of control

brainly.com/question/12986822

3. Learn more about the sales budget

brainly.com/question/12985585

Answer details:

Grade: Senior School

Subject: Business Law

Chapter: Contract Act

Keywords: Pierre, message, Shayna, voicemail, painting, mind, sell, steal, people, ASAP, hear, within an hour, not a valid contract, purchase a painting, lack of a(n), contract act, agreement, law, business law, promise, valid contract.

7 0

3 years ago

Initially, a competitive industry that has 1,000 firms is in long-run equilibrium. Then 100 firms in the industry adopt a new te

antoniya [11.8K]

Answer:

The correct answer is: declines; higher economic; will incur losses.

Explanation:

A perfectly competitive firm has 1,000 firms that are operating in the long-run equilibrium.

Out of these firms, 100 firms have adopted a new technology that has caused their average cost of production to decline.

These firms will be able to produce more output at the same cost. As a result, their supply will increase, this will cause the price to decline.

The firms with new technology that are facing a lower average cost of production will earn positive economic profits as they have lower costs.

The firms with old technology that have higher production costs will incur economic losses as they have higher costs.

7 0

3 years ago

A first-round draft choice quarterback has been signed to a three-year, $10 million contract. The details provide for an immedia

inessss [21]

Answer:

$8.31 million and No.

Explanation:

In this question, we have to find out the present value which is shown below:

= $1 + first year value ÷ ( 1 + discount rate) + second year value ÷ ( 1 + discount rate) ^ number of years + third year value ÷ ( 1 + discount rate) ^ number of years

= $1 + $2 million ÷ (1 + 10%) + ($3 million ÷ 1.10)^2 + ($4 million ÷ 1.10)^3

= $1 million + $1.82 million + $2.48 million + $3.01 million

= $8.31 million

No the package would not worth $10 million as its present value is $8.31 million

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3 years ago

Tariffs refer to

viva [34]

Answer: government taxes on products or services entering a country that primarily serve to raise prices on imports.

Explanation:

Tariffs are known to be taxes which the government of a particular country charges on goods and services which are imported into the country from other countries. It is a form of trade protection which the government uses in protecting local companies. Thus, the government imposes taxes on imported goods in order to make the prices of the goods high so that citizens can buy local or domestic goods and as a result encourage domestic companies to produce more of the local goods.

5 0

3 years ago

The payoff matrix represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. each seller

vazorg [7]

For the statement "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

Generally, payoff matrix is simply defined as when one player's tactics and those of the other are represented in a table called a payoff matrix, they are listed in rows.

In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

The payoff matrix below represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. Each seller must decide if they want to cheat or not to cheat on the production quotas in the cartel agreement. Use the payoff matrix to answer the questions below. Does either member have an incentive to cheat? Heifer's Gold will cheat, but Milky Moo will not. No, neither has an incentive to cheat, Yes, both will cheat. Milky Moo's will cheat, but Heifer's Gold will not