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valentinak56 [21]
4 years ago
12

Assume that a consumer has a given budget or income of $24 and that she can buy only two goods, apples or bananas. The price of

an apple is $3.00 and the price of a banana is $2.00. If the consumer spent all of her budget on just apples or just bananas, how many apples or bananas maximum would she be able to buy
Business
1 answer:
Sindrei [870]4 years ago
7 0

Answer:

12 bananas or 8 apples are needed to purchased

Explanation:

The computation of the number of bananas or the apples is shown below:

Since the income is $24

And, the price of an apple and the price of banana is $3 and $2 respectively

So, the number of bananas is

= $24 ÷ $2

= 12 bananas

And, the number of apples is

= $24 ÷ 3

= 8 apples

Therefore 12 bananas or 8 apples are need to purchased

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Forty-three percent of Americans use social media and other websites to voice their opinions about
rjkz [21]

Answer:

(a) 0.2896 (b) 0.5029 (c)0.5758 (d)In this case they are dependent  because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

Explanation:

Solution

(a)In a survey of 1,364 people, 395 were females who used social media and 232 did not. of males 232 use social media and 355 did not

To make or develop a probability table, take each group and divide their number by their total for example female that use social media is 395 of a total of 1364

395/1364 =0.2896

The probability that a woman uses social media in the survey is 0.2896

so,

                                  A              B              T

Female                  0.2896       0.2133      0.5029

Male                      0.2368       0.2603     0.4971

Total                      0.5264      0.4736       1.00

(b) To find the probability  of a surveyed person being a female, we divivde the total number of females by the whole number, shown below

686/1364 = 0.5029

(c)Conditional probability is defined using the formula which is shown below:

P(A/B) = P(A∩B)/P(B)-------(1)

Where P(A∩B) is the probability of females that use social media 0.2896 and P(B) is the total female probability which is 0.5029

Now we substitute the values in the equation 1 and calculate the probability as shown below:

P(A/B) = 0.2896/0.5029 =0.5758

the conditional probability that are surveyed person is female and uses social media is 0.5758

(d) In this case they are dependent  because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

3 0
3 years ago
What’s the purpose of balancing or monitoring your checking account?
alina1380 [7]
To Make Sure There Are No Gaps In Your Payments And To Have A Idea In Mind Of Income And Spending So You Can Come Up With A Budget Plan

6 0
3 years ago
Read 2 more answers
A firm presents a market value balance sheet and a book value balance sheet to prospective investors. What is wrong with using t
jonny [76]

Answer:

c

Explanation:

7 0
3 years ago
Gustavson Corporation uses the direct method to allocate service department costs to operating departments. The company has two
trapecia [35]

Answer:

C) $340,240

Explanation:

                                     Service Department  Operating Department

                                  Administrative Facilities  Assembly Wholesaling

Departmental costs $26,840     $59,400   $183,430   $321,190

Employee time (hours)      4,000       2,000     29,000 15,000

Space occupied - sq ft     2,000       2,000     30,000  6,000

total administrative costs = $26,840

total employee hours = 29,000 + 15,000 = 44,000

administrative cost per employee hour = $26,840 / 44,000 = $0.61

total facilities costs = $59,400

total square feet = 30,000 + 6,000 = 36,000

administrative cost per employee hour = $59,400 / 36,000 = $1.65

total Wholesaling Department cost = $321,190 + ($0.61 x 15,000) + ($1.65 x 6,000) = $321,190 + $9,150 + $9,900 = $340,240

5 0
3 years ago
Greenville Cabinets received a contract to produce speaker cabinets for a major speaker manufacturer. The contract calls for the
Julli [10]

Answer:

For regular time manufacture :

Bookshelf month 1 = 3000

Month 2 = 2100

Floor. month 1 = 1500

Month 2 = 2040

For overtime manufacture:

Bookshelf month 1 = 0

Month 2 = 0

Floor. Month 1 = 900

Month 2 = 1460

For explanation see the picture attached

5 0
4 years ago
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