Answer:
y>700 and 700>y>0
Explanation:
Though there is not so much information, but the fact that $700 is an average. We can work with two hypothesis at first, he first Hypothesis before the downturn the rent are over $700. And the second one, the bedroom rent are under $700.
1) Graphically, the shaded area before the downturn, represents the set of values for Rents greater than $700. So, rent (y) > 700
2) Graphically, the shaded area after the downturn, represents the set of values for Rents lesser than $700. So, rent 700 <y<0
Answer:
Option "B" is the correct answer to the following question.
Explanation:
Given:
Price elasticity of Anne’s apple pies = 5
Aggregate market price elasticity = 1.25
Anne’s apple pies have an approximate market share = ?
Computation of Anne’s apple pies have an approximate market share:
Anne’s apple pies have an approximate market share = (Aggregate market price elasticity / Price elasticity of Anne’s apple pies) × 100
Anne’s apple pies have an approximate market share = (1.25 / 5) × 100
Anne’s apple pies have an approximate market share = (0.25) × 100
Anne’s apple pies have an approximate market share = 25%
The answer is B. 1971
The first programmable microprocessor was completed in late 1971.
Hope this helped. Have a great night!
Answer:
A surplus of a good
Explanation:
Although we think that having a lot of something sounds like a good idea that is not always the case. Sometimes its better to have less of an item but therefore sell it for. For example when there was a shortage of hand sanitzer, masks and toilet paper people bought more of it for a higher price because they were afraid not to have enough. A surplus can take up a lot of storage and use up a lot of money. For example if a car manafacturer has a surplus of cars they are just sittinng there taking up space in a lot that needs to be payed for and mantained. I find it is especially bad if there are lot of that item and people are not interested in purchasing it. The company would be losing money because they would be most likely selling it at a lower price. Therefore the economy would be losing money while during a shortage they would be gaining money.
Answer:
4.16%
Explanation:
to calculate Singapore's economic growth rate we can use the future value formula (we could also use the rule of 72 but it is not very exact):
future value = present value x (1 + r) ⁿ
- future value = 900
- present value = 450
- n = 17
- r = ?
900 = 450 (1 + r)¹⁷
(1 + r)¹⁷ = 900 / 450 = 2
1 + r = ¹⁷√2 = 1.0416
r = 1.0416 - 1 = 0.0416 or 4.16%
