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Inga [223]
3 years ago
12

F. the wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to dec

line 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities?
Business
1 answer:
irina1246 [14]3 years ago
6 0

<span>Endowment income is a critical part of the annual budget of a university and colleges. Based on the given data, the estimated value of the dollar would be $44.20; this will be the amount of the decline in the total endowments held by these 10 university.  With this, school administrators will be expected to consider increased in tuition fee and fund raising efforts and implement cost reductions policy.</span>

 

Previous endowment x 0.77 = Current endowment

<span>Previous endowment = current endowment / 0.77  = $147.9 / 0.77 = $192.10</span>

<span>Reduction = $ 192.10 - $147.90 = $44.20</span>

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Answer:

Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.

Explanation:

According to the question, book is denoted with b whereas, wine is denoted with w.

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