What 1.00 divided by 1.200
1 answer:
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Amount spent for food = $5850, housing = $4680, clothing = $2340, savings = $2600, taxes = $5850, expenses = $2080.
<u>Step-by-step explanation:</u>
Step 1:
Given details are Total Income = $23,400
Step 2:
Amount spent for food, F= 1/4th of 23,400 =
= $5850
Step 3:
Amount spent for housing, H = 1/5th of 23,400 =
= $4680
Step 4:
Amount spent for clothing, C = 1/10th of 23,400 = = $2340
Step 5:
Amount spent for savings, S = 1/9th of 13,400 = = $2600
Step 6:
Amount spent for taxes, T = 1/4th of 23,400 = =$5850
Step 7:
Find amount spent on other expenses by totaling all expenditures and subtracting from the annual income.
Annual Income = F + H + C + S + T + E
Amount spent on other expenses, E = 23400 - (5850 + 4680 + 2340 + 2600 + 5850)
E = 23400 - 21320
E = $2080
Answer:
The Video recorders are inferior goods.
Step-by-step explanation:
As
where;
The price of the recorders films are increasing by a term 1.07 which gives that the Price is increasing by a little. Also adding the Price of video recorder is increasing by a factor 2.1 and the Revenue or income is increasing by a term 5 (Which is high) so, revenue and price are increasing leaving the quality of the voice recorder decreasing by a large margin for maintaining the balance.
As
So, in conclusion the quality decreases and thus the video recorders are inferior goods.