Answer:
Each of L team leaders has D group directors, making the total number of group directors equal to (L)(D). And each of those group directors has F fundraisers, again requiring multiplication: that total is (L)(D)(F). (You can try this by plugging in small numbers - if each of 2 leaders has 3 directors, you know there would be 6 directors)
So while statement 1 is not sufficient (there are multiple combinations that could get you to 81, such as L = 1, D = 2, and F = 39; or L = 1, D = 5, and F = 15), statement 2 guarantees that there is only one team leader. This is because 5 is a prime number, and you know that the number of group directors = LD. The only possible way for LD to equal 5 is if L is 1 and D is 5, or if D is 1 and L is 5. And since the stimulus tells you that there are more directors than leaders, the combination must be 5 directors and 1 leader. Accordingly, statement 2 is sufficient.
Explanation:
Answer:
Option (B) is correct.
Explanation:
If there is an increase in the income of the consumer then as a result there is a parallel shift in the budget line. This increase in income will increase the real purchasing power of the consumers and hence, this would increase the quantity of two goods consumed in an equal proportion.
Other factors remains the same, an increase in the income level of the consumer will increase the consumption of both the goods because the prices of both the goods are constant.
Economic profit is calculated as:
Economic profit = Total Revenues – Total Cost
Total cost both includes explicit and implicit cost. In
this case, the explicit cost is $8,000 while the implicit cost is $64,000.
Explicit cost is a direct payment made to run the business while implicit cost
is the opportunity as accountant that is lost. Therefore,
Economic profit = $150,000 – ($8,000 + $64,000)
<span>Economic profit = $78,000</span>
Answer:
C
Explanation:
The decisions around which stages of production to handle internally and which to buy from others
Answer:
Steve Jobs and he was the CEO of apple
Explanation:
so his products would be iphones, ipads, mac books, etc
