Answer: B. $1,500
Explanation:
Cost of using Alpha Avenue
= 5,000 + (200 * 30 people)
= $11,000
Cost of using Beta Blvd.
= 8,000 + (150 * 30 people)
= $12,500
Cost savings = 12,500 - 11,000
= $1,500
Answer:
A $13,250.00
Explanation:
The formula for calculating balance at the end of a period using simple interest is as below.
A = P(1+rt)
A = final amount
P= principal amount which is $12500
r= interest rate 6% or 0.06
t = time which is 1 year
A = $12,500(1+0.06 x 1)
A = $12500 x1.06 x 1
=$12500 x 1.06
=$13,250
Answer:
d. the estimated slope coefficient is more likely to equal the population slope coefficient.
Explanation:
R squared is a statistical measure that measures the closliness of data from regression line. in general a large r squared tends to suggest that the estimated slope coefficient is more likely to equal the population slope coefficient.
It is called the law of demand and supply whereby when the supply of commodity increases, the need reduces. The market becomes flooded with the items while the number of customers is constant. Moreover, when the supply of a good diminishes its demand goes up.
