Answer:
m + g = 40h
$14m + $18g = $400
Explanation:
First establish the variables as it is described in the problem, all for one week.
m = hours mowing lawns in a week
g = hours planting flower gardens in a week
As it is said in the excercise Jim can work a maximum of 40 hours, then if I add the hours planting and mowing lawns it shouel equal 40 then:
m + g = 40h
Now for mowing lawns he is paid $14 per hour and for planting flowers he is paid $18 per hour then we have to multiply each value to its corresponding variable and this result should equal to $400 that is what he expect to earn then we have:
$14m + $18g =$400
So the system of inequalities that represent this situation is:
m + g = 40h
$14m + $18g = $400
Answer:
Option (D) 16.57%
Explanation:
Data provided in the question:
Realized gain
r₁ = 20%
r₂ = 20%
r₃ = 10%
Now,
Geometric average = - 1
here,
n = 3
therefore,
Geometric average = - 1
or
Geometric average = - 1
or
Geometric average = 1.1657 - 1
or
Geometric average = 0.1657
= 0.1657 × 100%
= 16.57%
a. that expenses be ignored if their effect on the financial statements is unimportant to users' business decisions.
Matching principle is where expenses are said to be reported accordingly within a certain period.
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Answer:
C. Many decisions are made on the margin
Explanation:
Opportunity cost refers to the benefits foregone of a non chosen alternative when another alternative is chosen.
In the given case, time is a scarce resource and limited. Rajiv has to practice for triathlon which comprises of 3 events. To win the triathlon, he needs to perform well collectively.
If he undertakes to swim more, the time available for other 2 activities need to be sacrificed i.e running and biking. Rajiv has planned to sacrifice biking marginally in the favor of swimming. The lesser an activity is sacrificed, the lower would be it's opportunity cost.
Whereas his wife's approach in short can be called "all or nothing" approach which relates to completely withdrawing from other activities and accepting one activity fully.
Rajiv is trying to make little changes instead of fully giving up on one activity and totally taking up another. This involves lesser cost in the form of opportunity cost, at the same time help him prepare for all three activities efficiently.
Answer:
1. Breast cancer is the fifth most common cause of cancer death. Positive statement
2. For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality. Normative statement
3. Doctors should encourage women aged 60 to 69 to be screened for breast cancer. Normative statement
4. The government should force doctors to encourage women aged 60 to 69 to be screened for breast cancer. Normative statement
Explanation:
Normative statement usually expresses a value judgment. They are opinion based. It depicts whether the given statement is desirable or not. Statements 2, 3 and 4 are normative statements because they are giving values and passing judgement about when women should be screened breast cancer. It gives age group reference 60 to 69.
Positive statement are fact based. Just like statement 1 which gives the fact that breast cancer is fifth most common cause of cancer death.