All things being equal; demand decreases, as price increases.
The quantity supplied when price is $4 is 28
From table 4.4 (see attachment).
When price = $4, we have the following supplies:
- <em>Firm A = 6</em>
- <em>Firm B = 6</em>
- <em>Firm C = 8</em>
- <em>Firm D = 10</em>
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So, the total supply at $4 is:
Hence, the quantity supplied when price is $4 is 28
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Answer:
B
Step-by-step explanation:
Let x = every day he rented the kayak
Since the store charges $60 for each day, multiply x by 60 like this: 60x
They also have $25 on top of that; 60x + 25
This all has to equal $325; 60x + 25 = 325
To solve for x, subtract 25 from both sides
60x + 25 = 325
- 25 - 25
60x = 300
Divide both sides by 60
60x/60 = 300/60
x = 5
This means Tobias rented the kayak for 5 days
Answer: P = 0.125 = 1/8
Step-by-step explanation:
We know that he has a blue coat and a black coat.
If he dresses at random, then the probability of getting the blue coat is equal to the quotient between the number of blue coats (1) and the total number of coats (2).
Then the probability is:
p = 1/2
We also know that he has blue pants and brown pants, the probability of getting at random the blue pants is calculated in the same way than above, then:
q = 1/2
And for the shirt he has a blue shirt and a red one, the probability of randomly selecting the blue one is calculated in the same way than above, then:
k = 1/2
Now, the joint probability (he selects all blue clothes) is equal to the product of the individual probabilities:
P = p*q*k = (1/2)*(1/2)*(1/2) = 1/8 = 0.125
Answer:
I would say 3:30
Step-by-step explanation:
