At a price of $0.50, the amount of cups of lemonade that Caroline and Emily sell when the temperature is 60 degrees than when the temperature is 80 degrees is <u>-</u><u>1</u><u>5</u>.
50 - 80 = -30
= -30 * 0.5
= - 15
<h3>How does one arrive at the answer?</h3>
This is an instance of demand curve shift which refers to key changes in the balance of supply and demand that alter the quantity demanded at the same price. Hence, the shift in the quantity demanded will affect the amount of cups of lemonade that is sold.
Sometimes questions that involve graphs will ask you to consider the effect of a changing factor or factors. Problem statement: the line labeled D1 in the graph to the right shows the number of cups of lemonade that Caroline and Emily can sell at their lemonade stand at various prices.
Caroline and Emily have noticed that they sell more lemonade when it's hotter. Click anywhere on the graph to open a window with a control labeled Temperature. If you use the slider to change the temperature, the line will shift. Change the temperature from 80 degrees to 50 degrees.
At a price of $0.50, the amount of cups of lemonade that Caroline and Emily sell when the temperature is 60 degrees than when the temperature is 80 degrees is<u> -15</u>.
Therefore, the correct answer is as given above
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It's D. Increasing the reserve requirement on banks
Complete Question:
You are considering the purchase of a new machine to help produce a new product line being introduced. The machine is expected to have a setup time of 10 minutes per batch and a processing time of 2 minutes per part. You plan to have batch sizes of 50 parts. The plant operates 8 hours per day.
What is the capacity of the machine in batches per day?
Answer:
The capacity of the machine in batches = 4 batches per day.
Explanation:
a) Data and Calculations:
Set up time per batch = 10 minutes
Processing time per part = 2 minutes
Batch sizes = 50 parts
Plant operation = 8 hours per day
b) Capacity in batches per day:
Total batch time = 10 + 50 * 2 = 110 minutes
Total minutes of operation per day = 8 * 60 = 480 minutes
Capacity in batches = 480/110 = 4.36 or approximately 4 batches
c) Each batch produces 50 parts with each part taking some 2 minutes and an additional batch setup time of 10 minutes, giving a total of 110 minutes per batch. Since there are some 480 (8 * 60) minutes available per day, it means that the entity can only run about 4 batches (480/110) per day. These 4 batches will consume a total of 440 minutes (110 x 4), leaving some 40 minutes as unutilized time.
Answer:
D : Cultural relativism
Explanation:
Cultural relativism is an idea that an action should be viewed in the context of the socio-cultural environment in question. If child labor is permitted in Country X, it implies that rival companies and competitors who use child labor will experience cheaper production cost and unless the multinational company does same, it may face the need to pul out of the market.
