One of the three economic questions deals with deciding

Which of the following constraints correctly describe this requirement: The management also requires produce at least one kg of

Leviafan [203]

Answer:

a. 5X1 + X 2 ≥ 0

Explanation:

Product 2 = X2

Product 1 = X1

Mass in kg of product (X1) = 5

Mass in kg of product (X2) ≥ 1 (atleast 1 kg)

Combining these Constraint :

For every 5kg of X1 ; X2 ≥ = 1

Hence ;

5X1 + X2 ≥ 0

8 0

3 years ago

Lawrence is a photographer. He has $230 to spend and wants to buy either a flash for his camera or a new tripod. Both the flash

Mandarinka [93]

Answer:

This illustrates the principle that;

c.people face trade-offs.

Explanation:

Commercial transaction especially in business involve various situations that can mirror underlying economic principals, An example of the many economic principals is trade-off. This principal is explained in detail below;

1. Trade-off

A trade-off is a compromise between two desirable products that are incompatible. A trade-off usually involves the foregoing of one choice for the other, it usually involves the sacrifice of one of two products which have the same qualities but one only limited to picking one choice. A trade-off usually happens in business dealings. An example is a situation where one needs to purchase two items that have the same cost and the amount of money the buyer wants to buy can only be enough for one of the products. In this case, the buyer will have to sacrifice one product for the other based on the prevailing financial status limiting him/her from purchasing both of them.

Lawrence's case is a classic trade-off scenario since he is torn between buying a flash for his camera or a new tripod. He needs both of them with equal measure but he can only afford one at a time. This means that he will have to choose one over the other, a principle known as a trade-off.

7 0

3 years ago

Your company has total wages of $321,000. Your revenue is $976,000. You have just read an industry journal that suggests that wa

VMariaS [17]

The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.

7 0

3 years ago

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $61,000. and Martin's capital balance $58,000.

gizmo_the_mogwai [7]

Answer:

The bonus hat is granted to Hewlett and Martin equals is $2340

Explanation:

Solution

Given that:

Hewlett's capital balance = $61,000

Martin's capital balance = $58,000

The existing partners agrees ti accept black with =20% interest

Black invest the amount of =$35,600

Now,

The equity after admitting black or allowing black is given below:

$61,000 + $58,000 +$35,600 = $154,600

The share of black in equity is given as,

$154, 600 * 20% = $30,920

The Bonus that is present for Hewlett and Martin is = $35,600 - $30,920

=$4,680

Thus,

When shared equally it is = $2340 for both partners

5 0

3 years ago

Which type of account will typically have the highest interest rates

anyanavicka [17]

The correct answer is <span>Certificate of Deposit

</span>

4 0

3 years ago