Answer:
a. $3,000 to have the vehicle restored
Explanation:
The computation of the financially better off amount is shown below:
= Sale value of the car after restored - restoration cost - sale value without any restoration cost
= $22,000 - $9,000 - $10,000
= $3,000
We simply deduct the restoration cost and the sales value without considering the restoration cost in the restoration sales value
All other information which is given is not relevant. Hence, ignored it
Answer:
Standard deviation= $43.309
Explanation:
Standard deviation can be defined as a measure of dispersion of a set of values from their mean. When standard deviation is low it means the variables are close to their mean. While if standard deviation is high the variables are far away from the mean.
The mean= (sum of the values)/number of values
Mean= (97+102+56+26+3)/5
Mean= $56.80
Standard deviation= √(Σ(x- mean)^2/number-1
Standard deviation= √{(97-56.8)^2+ (102-56.8)^2+ (56-56.8)^2+ (26-56.8)^2+ (3-56.8)^2}/5
Standard deviation= √(1616.04+2043.04+0.64+948.64+2894.44)/5-1
Standard deviation= √7502.8/4
Standard deviation= $43.309
Answer:
In economics, the resource that encompasses the natural resources used in production. ... Land was considered to be the “original and inexhaustible gift of nature.” In modern economics, it is broadly defined to include all that nature provides, including minerals, forest products, and water and land resources.
Answer:
The correct answer is option a.
Explanation:
A monopoly firm is a price maker. It faces a downward-sloping demand curve.
The marginal revenue curve is also downward sloping.
The profit is maximized at the point where marginal revenue earned is equal to the marginal cost incurred.
The marginal revenue curve lies below the demand or average revenue curve.
So, option a is the correct answer.
...writing it out. So, yah.
