Four requirements for a valid contract are an offer, acceptance by the other party of the offer, a mutual agreement or meeting of the minds of the contracting parties and a valid consideration.
Answer:
the income is $1,330
Explanation:
The computation of the income is shown below;
Given that
U(x, y) = min{x, y2}
Price of x is $25
ANd, the prcie of Y is $15
So,
25X + 15Y = M
if Y = 7,
So,
At eqm, X = Y^2 = 49
Then ,
M = 25 × 49 + 15 × 7
= 1225 + 105
= 1330
Hence, the income is $1,330
The same should be relevant and considered too
Yes, effective leadership involves chosing the right style for the situation. Every leadership situation has different variables and followers. Think of a coach that fails with one team and wins with another.
Answer:
133 acres of sugar cane
and 300 of soybean provide a profit of $ 733,000
Explanation:
We setup the fromulas and use excel solver:
labor hours: 3 x sugar acres + 4 x soybean <= 1,600
profit = 1,000 x sugar acres + 2,000 soybean
with the restriction soybean <= 300
SOLVER
acres hours PROFIT
sugar cane 133 x 3 = 399 x 1,000 = 133,000
soybeans 300 x 4 = 1,200 x 2,000 =<u> 600,000 </u>
TOTAL 733,000