Answer:
8
Step-by-step explanation:
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Answer:
Normal goods
Step-by-step explanation:
Initial consumption bundle: X = 10 units and Y = 25 units
After the price of Y rises
So,
The new Consumption bundle is
X = 15, Y = 10
Hence, Good X and Y are normal goods
.
As the price of good Y increases, the consumption of good Y decreases from 25 to 15 units as the actual revenue decreases, so the consumption decreases
Although the price of good X stays the same but is now comparatively lower, demand increases mean that consumption increases as real revenue increases.
This indicates that the sales impact is positive, implying that good X and Y are ordinary items.
Apply the product rule by raising each term by the power outside powers.
Then divide and simplify to get the second choice:
In this problem the question asked is what principal should be invested on a rate of interest of 3.6% for 10 years to get the totals amount as 50000$
the formula for compound interest is
A=P*(1+R/100)^T
we shall replace the formula
50000=X*(1+3.6/100)^10
50000=x*(100/100+3.6/100)^10
50000=x*(103.6/100)^10
50000=X*(1.036)^10
50000=1.4242x
50000/1.4242=X
35107.42=X
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Answer:
If the point IS on the line, <u>then the point and the line exist on an infinite number of planes.</u>
Step-by-step explanation:
If the point IS on the line, <u>then the point and the line exist on an infinite number of planes.</u>
