Answer:
a. 1/22 customers per minute
b.1/12 customer per minute
c. 1/12 customer per minute
d.11/140 customer per minute
Explanation:
Check attachment for calculation
Answer:
When the world price is $9.00 per barrel, imports are 10.25 million barrels per day.
Explanation:
This can be explained as following:
- At the domestic equilibrium, the quantity supplied and demanded were:
- When the world price is $9.00 (P=9), the domestic demanded and supplied quantity were:
- Demand: Qd = 15 - (1/4)x9 = 12.75 million
- Supply: Qs = -2 + (1/2)x9 = 2.5 million
When the domestic supply is 2.5 million barrels per day while the domestic demand is 12.75 million barrels per day, the domestic still lacks:
- 12.75 - 2.5 = 10.25 million barrels per day
So that they need to import 10.25 million barrels per day.
The worlds first and modern bank opened during the 14th century in Florence, Italy and later many branches were established in other parts of Europe. Even though the banking system became very crucial in the 14th century, the Bardi and Peruzzi families were able to start and establish several branches during this century.
Answer:
For all types of classes, the width is same i.e 30.9
Explanation:
The width of each class is a difference between the frequency and sale price.
In Mathematically,
Width = Frequency - Sale price
So for all each class, the width is shown below :
1. 110.9 - 80.0 = 30.9
2. 141.9 - 111.0 = 30.9
3. 172.9 - 142.0 = 30.9
4. 203.9 - 173.0 = 30.9
5. 234.9 - 204.0 = 30.9
6. 265.9 - 235.0 = 30.9
Hence, For all types of classes, the width is same i.e 30.9