1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga55 [171]
3 years ago
5

Suppose a statistical study finds that the demand for Brand X automobile tires is Q​ = 800 minus−​5P, where Q is the number of B

rand X tires sold per year​ (in thousands of​ tires), and P is the price per tire. How confident would you be that this is an accurate equation for Brand X tire​ demand?
Business
1 answer:
tiny-mole [99]3 years ago
6 0

Answer:

This is a correct equation for Brand X tire demand.

Explanation:

We can be sure that this is an accurate equation for demand by cheking if the slope is negative as the demand decrease when the price increase

Q= 800 - 5P

dQ/dP = -5

the slope is negative the quantity decreases as price increases so this is a demand equation.

You might be interested in
Can i dispute a credit card charge that i willingly paid for.
Rudik [331]

Depends on the bank that issued your card. You might want to talk to your card issuer's customer support.

7 0
2 years ago
When the economy is doing badly, which of the following workers is NOT likely to have fewer customers or patients who want their
Vladimir [108]
A nurse because while the economy is doing bad the nurse will always have patient 
8 0
3 years ago
Read 2 more answers
Max chose to operate his production studio as a sole proprietorship even though his attorney cautioned that he was:____________
sergij07 [2.7K]

Answer:

<u>c. exposing himself to unlimited personal liability.</u>

Explanation:

One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.

A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.

Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.

Thus, the correct option is, c. exposing himself to unlimited personal liability   .

8 0
3 years ago
Sarjit and Rhonda have both recently completed graduate level training in liberal arts programs. Although they studied in differ
andre [41]

Economic classes refer to the position of people on the earning ladder. For Sarjit and Rhonda, the theory that classifies them into the same economic class is that of;

  • Karl Marx

According to Karl Marx, there are two economic classes, namely, the bourgeoisie and the proletariat. The bourgeoisie are the rich and working-class members of society while the proletariats are the workers.

Given this classification, Sarjit and Rhonda belong to the same economic class of workers.

Learn more here:

brainly.com/question/731472

3 0
3 years ago
Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $1
masya89 [10]

Answer:

Amount deposit = $118,411.4 (Approx.)

Explanation:

Given:

Future amount = $150,000

Rate of interest = 6% compounds semiannual

Number of year = 4 year

Find:

Amount deposit

Computation:

Compounds semiannual

So,

Rate of interest = 6% / 2 = 0.03

Time taken = 4 x 2 = 8 times

So,

A = P[1+r]ⁿ

150,000 = p[1+0.03]⁸

150,000 = p[1.03]⁸

150,000 = p[1.26677]

p = 150,000 / 1.26677

p = 118,411.393

Amount deposit = $118,411.4 (Approx.)

4 0
3 years ago
Other questions:
  • At Bapostsyl, a telecommunications company, marketing managers are hired after testing their strategic thinking capabilities thr
    8·2 answers
  • Determine the uniform annual value for the cash flow below at an interest rate of 11% per year.
    13·1 answer
  • International Finance Problem Set on Working Capital Management1. Rossignol Co. manufactures and sells skis and snowboards in Fr
    12·1 answer
  • Information technology's primary role in supply chain management is creating the integrations or tight process and information l
    12·1 answer
  • "A bond that was originally sold at par is now trading in the market at a premium. The bond is called at par. This action will b
    11·1 answer
  • Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
    15·1 answer
  • Ceilings are thought to represent the level at which more difficult questions would not be passed.
    5·1 answer
  • Define national security​
    10·2 answers
  • Ikea invests in alternative solutions such as using solar panels and wind turbines to to supply energy to its buildings, and the
    8·1 answer
  • The airlines sold fewer tickets to business travelers during the "Great Recession" due to more companies using video conferencin
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!