Answer:
for each increase in prices by $1, the predicted demand decreases by 0.227 units.
Step-by-step explanation:
Answer:
yes, it is.
Step-by-step explanation:
110,571 divided by 3 is 36857. So, since the answer is not a decimal or a fraction, 110,571 is divisable by 3
Answer: 5y
Step-by-step explanation:
Product means the multiplication of, so taking the product of 5 and y we simply have;
5*y=5y
We can make and use the equation: <em>A = 160( 1.03 )^y</em>: A = amount, 160 = amount put in, 1 + .03 = 1.03 = interest, and y as the number of years, as the money is compounded every year. (This is the compound interest equation, but I put in the numbers)
A) 160 * 1.03 = $164.80, 160 * 1.03² = $169.744 ≈ $169.74
B) 160 * 1.03⁵ = 185.48385 ≈ $185.48
The expression is the same as saying (((((160 * 1.03)1.03)1.03)1.03)1.03). This is like multiplying 160 * 1.03, which gives the amount for the first year. Then, that amount is multiplied by 1.03, which is the amount for the second year. This isi repeated until 5 years.
C) 160(1.03)³⁰
Answer: 30 square yards: C