Answer: See explanation
Explanation:
Real gross domestic product is simply refered to the economic output of a particular country which has been adjusted for price changes as inflation was taken into consideration.
Nominal gross domestic product is the measurement of the gross domestic product of a particular country which makes use of current prices, and isn't inflation adjusted.
The issue that may arise when nominal gross domestic product was used instead of real gross domestic product is that the nominal GDP leads to the inflation of the growth figure in the economy. This is because the nominal GDP doesn't take inflation into effect.
This leads to the misleading of the GDP since there'll be an overstatement of the GDP even though it was actually a rise in the inflation rate for the particular economy.
Answer:
f(x)= 50+4.25x
g(x)= 40+6.25x
(5, 71.25)
Explanation:
they are asking for the number of garmets and price of those garmets where both shops charge the same amount
if you make the two shops prices into equations you will be trying to find the line intercept
to make the lines equations
they said f(x) is cleaning company 1
g(x) is cleaning company 2
and x in the number of garmets cleaned
you can see from prices that the price does not start at 0 it has a baseline price to clean
that baseline price is the +____
113.75-92.50 to find the difference in price for 5 garmets
=21.25
21.25/5 to find raise in price per 1 garmet
=4.25
now we know its 4.25x+b
baseline price = b
to find b plug in the values on the chart (first row)
4.25(5)+b=71.25
21.25+b=71.25
b=50
baseline price = 50
store 1 price is= f(x)= 50+4.25x
im gonna run out of space ill do the second one short
103.75-72.5=31.25
31.25/5=6.25
71.25=6.25(5)+x
71.25-31.25=x
x= 40= base price
g(x)= 40+6.25x
find intersection
g(x) =y
f(x) = y
y=y
therefore
50+4.25x=40+6.25x
10+4.25x=6.25x
10+4.25x=6.25x
10=2x
x=5
to find y intersection put in x to equation
y= 50+4.25x
y= 50+4.25(5)
y=50+21.25
y=71.25
intersection is (5, 71.25)
It will be 25 beacues you add 2 down is 2 and add 2+3 is 5 so is 25 in total
Many people wanted to get jobs in factories for example and kids work now and they worked in horrible conditions and got very little pay