N<span>Ot counting any medical expenses or the cost of a new car, a dwi conviction may carry a total financial cost of $17,000.
Falsifying this type of information is considered as legal in the United States. Depending on the states where it happend, the perpetrator may have to face several years in Jail.</span>
<span>The total number of students = 280
Sum of ages of children = 3238
Let the number of children of ages 11 year old = x
and the number of children of ages 12 year old = y
Equation 1. x+y=280
Equation 2. 11x + 12y = 3238
From Equation1. y= 280-x
Now, put the value of Y in equation 2 which gives 11x+12(280-x) = 3238
from this, 11x + 3360-12x = 3238
x = 3360-3238
x = 122 = children of age 11 years.
putting value of x in equation 1,
122+y = 280
y = 280-122
y =158 = children of age 12 years
Answer. children of age 11 years =122</span>
Answer:
a. positive, so Joan considers hamburger to be an inferior good.
Explanation:
Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P
The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.
▲ Q = (60 -50/60) = 0,16
▲ Q = (40.000 - 30.000/40.000) = 0,25
Elasticity = ▲ Q / ▲ P = 0,16/0,25 = 0,64
Therefore, the elasticity is positive.
This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.
Answer:
$128,400
Explanation:
Account balance $ 834,000,
Subsidiary's 12,000 at $56 per share. Odom Issued 3,000 at $70 per share
$ 56 X 12,000 = $672,000
$ 672,000+ $70 X 3,000 = $ 882,000
$ 882,000 X .80 = $ 705,600
$ 705,600 – $ 834,000 Investment Account Balance = $128,400
Therefore Reduction in Investment Account is $128,400
The Transaction affect the Investment in Odom inc account because their is reduction in the investment Account from $834,000 to $128,400
