Answer:
Using High and Low Method
Cost Miles
$
High 1,250 4,000
Low <u>(970) </u> <u>(3,000)</u>
<u> 280 </u> <u>1,000</u>
Variable cost per mile = $2,800/1,000
=$0.28 per mile
Explanation:
In this question, there is need to obtain the difference with the highest cost and lowest cost. We also need to calculate the difference between the highest miles and lowest miles. Finally, we will divide the difference in cost by the difference in miles in order to determine the variable cost per mile.
Answer: b. market or money value of all final goods and services produced by the economy in a given year, whereas real GOP is adjusted for inflation
Explanation:
Nominal GDP for a given year refers to the final value of all goods and services in the country using the current year prices.
Real GDP however, makes it easier to compare the nominal GDP to past GDPs because it removes the effects of inflation by using prices from a base year to calculate GDP. This way it can be seen if the economy actually grew.
Answer: same i have 1,324 points and 25 brainliest and havent seen myself on their once
Explanation:
Answer:
the Sharpe ratio of the optimal complete portfolio is 0.32
Explanation:
The computation of the sharpe ratio is shown below:
= (Return of portfolio - risk free asset) ÷ Standard deviation
= (17% - 9%) ÷ 25%
= 8% ÷ 25%
= 0.32
Hence, the Sharpe ratio of the optimal complete portfolio is 0.32
We simply applied the above formula
Answer:
Decrease by $1
Explanation:
Given:
Old data:
Q0 = 2,000 units
P0 = $20
Total revenue before change = 2,000 x $20 = $40,000
After change in Price.
Q1 = 2,100 units
P1 = $19
Total revenue After change = 2,100 x $19 = $39,900
Computation of Marginal Revenue:
Marginal Revenue = (P1 - P0) / (Q1 - Q0)
= ($39,900 - $40,000) / (2,100 - 2,000)
= -100 / 100
= $(-1)
Marginal revenue will decrease by $1