Answer:
y = -0.05x + 200
Explanation:
Two points are available ($200, 0), ($190, 200)
We find the equation from these two points.
Slope = (190-200)/(200 -0) = -10/200 = -0.05
Now, we write the equation of line with scope m=-0.05 and point (0. 200)
y-200 = -0.05(x-0)
y = -0.05x + 200 (Demand equation)
Answer:
Is often gathered BEFORE primary data
Explanation:
:)
Answer and Explanation:
The journal entry to record the purchase is shown below;
Materials (510 units × $18) $9,180
To Accounts payable $9,180
(To record the purchases)
Here the material is debited as it increased the assets and credited the account payable as it also increased the liabilities
Therefore the above journal entry should be passed
Answer:
be indifferent between the two meals
Explanation:
Marginal utility is the additional satisfaction received from consuming an additional unit of a good or service. Marginal utility is the additional utility derived from consuming one more unit of a good. the consumption decision is to consume more units of a good that gives the higher utility per good.
Marginal utility per good = marginal utility / price of the good
Whopper combo meal = 15 / 3 = 5
a meal at the Embassy Suites = 145 / 29 = 5
both meals have the same marginal utility of 5. She would be indifferent between consuming the two meals