<span>Answer:
On average, hotel guests who take elevators weigh about 150 lbs with a standard deviation of about 35 lbs. An engineer is designing a large elevator for a convention hotel, to lift 50 such people.</span>
Answer: c. rightward shift of a demand curve.
Explanation:
When there is movement along the demand curve, this is due to a change in the price of the good.
However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.
I have attached a graph showing what happens when Quantity Demand increases.
Loan payments must be made before the loan is paid in full $5178.24.
Loan Payment means the amount payable by the Borrower to repay a Loan under the terms of the Loan Agreement, Debenture, and Bond Mortgage.
There are three payment methods for a mortgage: equal installments, equal installments, and fixed equal installments. The repayment method depends on a variety of conditions, such as whether you want to pay the same amount each month or whether you want to pay it back within a certain period of time.
Using EMI formula:-
P×R × (1 + r )^n ÷ (1 + r )^n -1
we find number = 36 month.
Hence, total Loan paymeny
36x 143.84 =
$5178.24
Learn more about payments here:-brainly.com/question/2151013
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Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
