400+575+575+670+720+885+1250=5075
5075/7=725
Mean = 725
400, 575, 575, 670, 720, 885, 1250
Median = 670
725>670
C) The Mean is greater than the Median
Answer:
The supply and demand curves will shift to the left i.e. there will be a decrease in demand and supply.
Step-by-step explanation:
First: Tax is a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Secondly: Money supply is the total amount of monetary assets available in an economy at a specific time.
When tax is increased, this means individuals and businesses have to contribute more to the state revenue leaving both categories with lesser income or profit i.e. lesser to spend.
In the same way, when money supply decreases, there is lesser money available to both individuals and businesses
What this implies is that demand will decrease because income has decreased. Supply will also decrease because producers will not make as much profit given the increase in tax (tax is considered cost of production).
As a result of this, the demand curve shifts to the left, the supply curve also shift to the left because both demand and supply will decrease.
Answer:
Option B.
Step-by-step explanation:
It is given that a graph titled Courses Completed versus Remaining Credits Needed to Graduate has courses completed on the x-axis and Credits need to graduate on the y-axis.
Points plotted are (4, 110), (8, 76), (16, 63), (20, 53), (24, 33).
Since, x-axis represents the courses completed, therefore the input, or independent variable is courses completed.
Since, y-axis represents the Credits need to graduate, therefore the output, or dependent variable is Credits need to graduate.
Therefore, the correct option is B.
Answer:
105
Step-by-step explanation:
500 goes into 100, 5 times
21 times 5 is 105
So 21/100 is equal to 105/500
Or you can do
500*0.21=105