1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GuDViN [60]
3 years ago
15

12. At his regular hourly rate, Don had estimated the labor cost of a repair job as $336 and he was paid that amount. However, t

he job took 4 hours longer than he had estimated and consequentially he earned $2 less than his hourly rate. What was the price Don had estimated to work? a. $12 b. $14 c. $16 d. $24 e. $28
Business
1 answer:
o-na [289]3 years ago
8 0

The correct question is:

At his regular hourly rate, Don had estimated the labour cost of a repair job as $336 and he was paid that amount. However, the job took 4 hours longer than he had estimated and, consequently, he earned $2 per hour less than his regular hourly rate. What was the time Don had estimated for the job, in hours?

(A) 28

(B) 24

(C) 16

(D) 14

(E) 12

Answer:

24 hours

Explanation:

Amount paid (S) = Hourly rate(h) * Time taken(t)

So ideally 336= ht

In reality

Don spent 4 hours extra= t+4

And earned $2 less per hour= h-2

So 336= (h-2)*(t+4)

Combining the two equations

336= ht= (h-2)*(t+4)

Open the brackets

ht= ht+ 4h- 2t -8

Rearranging

ht- ht + 2t= 4h-8

t = (4h-8)/2 = 2h-4

In formula t= 2h- 4, substitute the given options of t to get h.

The pair that will give ht= 336 is the correct one.

Using 24 hours

24= 2h-4

24+4= 2h

28/2= h

14= h

So for t= 24, h=14

Check in formula ht= 336

24*14= 336

So 24hours is the correct answer.

You might be interested in
Muhammad, a 21-year old computer engineer, is opening an individual retirement account (IRA) at a bank. His goal is to accumulat
zavuch27 [327]

Answer:

The first annual depoisit will be of 3,373.49 dollars

Explanation:

Given the formula for future growing annuity

we need to solve for the yearly payment:

grow rate:  0.04

annual effective rate: 8% compounding semiannually:

(/1+0.08/2)^2-1 = r_e\\

r= 0.0816

FV 2,500,000

n 46

<em><u>Formula for future value fo an ordinary annuity:</u></em>

C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g}  = FV

C_0 \times \frac{(1+0.0816)^{46}-(1+0.04)^{46}}{0.0816-0.04}  = 2,500,000\\C_0 = $3,373.4855

The first annual depoisit will be of 3,373.49 dollars

3 0
3 years ago
Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass
Ray Of Light [21]

Answer: a good with an elastic supply

Explanation:

Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.

Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.

7 0
3 years ago
Read 2 more answers
The features of a product or service that most, if not all, customers prefer are called_________blank.
r-ruslan [8.4K]

We, consumers, favor products or services that perform well or prefer the "<u>performance attributes</u>" of what we want to consume. This feature is most, if not all, customers prefer.

The dimension of the utility function for the customer is the performance attributes of a product, good or service. Performance quality, attributes and characteristics distinguish the goods or services from those of rival brands or businesses, which the buyer may find to be very important.

If we ask a firm what their product or service is to be given and we can relate to its features or performance characteristics, the strategic activities correspond to the performance attributes subcomponent of the market utility function.

Find out what appeal is a creative strategy that elaborates on product or service attributes or benefits: brainly.com/question/28348246

#SPJ4

7 0
1 year ago
Which of the following types of funding for college requires repayment?
jek_recluse [69]

Answer: Loan

Explanation:

3 0
2 years ago
Read 2 more answers
M9.5 Peter Sagan is in charge of maintaining hospital supplies at Champs Hospital. During the past year the mean weekly demand f
Dahasolnce [82]

Answer:

26 packages

Explanation:

Given that:

The demand D = 186 packages in a week

Standard deviation  = 13packages

The lead time L = 1.5 weeks

Order quantity Q = 750 packages

The Confidence service Level = 0.95

At the service level (SL) if we find the P(Z) of the SL using Excel, we have:

P(Z) = NORMSINV(0.95)

P(Z) = 1.64

Thus;

the safety stock = Z × SD√L

= 1.64 \times 13 \sqrt{1.5} \\ \\

= 1.64 \times 13 (1.224745)

= 1.64\times15.92

= 26.11156

≅ 26 packages

7 0
2 years ago
Other questions:
  • The competitive moves and business approaches a company's management uses to grow the business, attract and please customers, co
    7·1 answer
  • Which of the following may create barriers to customers with disabilities?select all that apply
    15·1 answer
  • Edna is a leading brain surgeon in the United States. She enters into a contract to perform a complicated brain surgery on Ben.
    11·1 answer
  • Miller Corporation has a premium bond making semiannual payments. The bond pays a coupon of 10 percent, has a YTM of 8 percent,
    7·1 answer
  • Forest Components makes aircraft parts. The following transactions occurred in July.
    15·1 answer
  • Burnet Company had 30,000 shares of common stock outstanding on January 1, 2021. On April 1, 2021, the company issued 15,000 sha
    9·1 answer
  • The government of a small country has made it mandatory for international banks and insurance firms to obtain the consent of ind
    7·1 answer
  • In a contract <br> each party has what
    9·2 answers
  • An owner converted a warehouse to offices. As there was not enough parking for employees, they converted the roof into a parking
    10·1 answer
  • New york city, london, and tokyo are examples of ______ financial centers because of their fiscal transparency and strict tax po
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!