Answer: c. 50%
Explanation:
I included a picture of the question to show you the rest of it as it is in graph form.
We can use the Quantity Theory if money to answer this.
It holds that MV = PY
M = quantity of money,
P = the price level,
Y = total output
V = velocity,
According to the theory, a change in M would lead to a change in P if V and Y are held constant.
Inflation would therefore be the change in M in percent.
= 15000 - 10 000 / 10 000
= 0.50 * 100
= 50%
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Answer:
Explanation:
A point on U=800 is (5, 16)
From BL:
400*F+100D =4000
400*5+100*16 =3600<4000
Therefore u = 800 affordable.
U= 1200
F = 1200/10D
If D = 20
F = 1200/200
=6
Now from BL:
400*6+100*20= 2400+2000=4400>4000
Not affordable.
Maximization:
L = 10DF+ʎ[100*D+400*F – 4000]
Differentiating wrt D and F:
dL/dD = 10F + ʎ*100
dL/dF = 10D +ʎ*400
equating to zero;
ʎ= -F/10
ʎ=-D/40
equating the two:
F/10=D/40
D = 4F
From BL:
400*F+100*D = 4000
400F+100*4F = 4000
800F = 4000
F = 5
D = 4*5=20
Answer:
Categorical variable
Explanation:
Categorical variable are variables that are not numerical, take on values that are names or labels.It places the individual into a category, categorical variable is also called qualitative variable.
While quantitative variable is a numerical variable, they represent a measurable quantity i.e variables whose values result from counting or measuring something(measurement)
Therefore, the type of variable used here is categorical because the type of business will not be numerical.
Answer:
with space: =A2&" "&B2
without space: =CONCATENATE(A2,B2)
Explanation:
When using Microsoft Excel the function that you would want to use would be the following
=A2&" "&B2
In this function, you will be combining the text in cell A2 and B2 with a space in the middle, you can change to the cells that you want and simply add &" "& in between them to combine them with a space.
If you simply want to combine the words with no space in between them you can use the concantenate function which combines words in two cells into one but without space.
=CONCATENATE(A2,B2)
Answer:
using humor to describe a situation
