Answer:
a) see attached graph
b) slope = -1/2 = -0.5
c) slope = -1/3 = -.033
d) trading with Kwame (green line)
e) you should trade with Kwame since you can obtain more fish (up to 60 in total)
Answer:
traditional warfare
Explanation:
In traditional warfare information is structured to a tactical level focus, where information enables operations.
It should be noted that traditional warefare is about struggles for domination, and weapons that are convectional are been used in other to Target their opponent, and as a result of this information should be structured in tactical level so that much can be known about their opponents.
The technical analysis would be ineffective because The best predictor of future rates would be the forward rate.
Forward rates will includes what the market might exppect for future<span> bond interest </span>rates<span> or currency exchange </span><span>rates while technical analysis mostly rely on the interest rates or currency at current time.</span>
Answer:
Planned Aggregate Expenditure equals <u>290 + 0.75Y</u> and the short run equilibrium output equals <u>1,160</u>.
Explanation:
Autonomous spending basically covers essential needs, e.g. housing expenses, food, clothing, etc., and is not affected by the marginal propensity to consume (MPC).
so consumption must equal: C = 100 + 0.75 (Y income - 40 taxes)
PAE = C + I + G + X = 100 + 0.75(Y - 40) + 50 + 150 + 20
PAE = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y
Short run equilibrium exists when Y = PAE:
Y = 290 + 0.75Y
Y - 0.75Y = 290
0.25Y = 290
Y = 290 / 0.25 = 1,160
Answer:
The standard labor hours = $2,340
Explanation:
Standard (Budgeted) production volume = 1000 trivets
Standard direct labor hours = 2,600
This means that:
1000 Trivets = 2,600 hours
∴ 1 Trivet = 2,600 ÷ 1,000 = 2.6 hours
Therefore, standard hours for 1 Trivet = 2.6 hours
Actual production volume in May = 900 units
Since we know the standard labor hours for production of 1 Trivet, the standard hours allowed in May is calculated as follows:
1 Trivet = 2.6 hours
∴ 900 Trivets = 2.6 × 900 = 2,340 hours
∴