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Lana71 [14]
3 years ago
14

Children in poor neighborhoods often have bleak outlooks on life and see little gain from studying. In a recent experiment, chil

dren in poor neighborhoods were paid $100 for each A they earned during a six-week grade reporting cycle. Suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. Over the next 6 weeks, the student has a math class and an English class, where getting an A in math would require the student to exert $98 worth of effort, while getting an A in English would require the student to exert $84 worth of effort. In this experiment, the student (would or would not) increase time studying for math, and the student (would or would not) increase time studying for English.
Business
1 answer:
Harlamova29_29 [7]3 years ago
5 0

Answer:

For maths; the student <u>would not </u>increase time studying

For English; the student <u>would</u> increase time studying

<u>Explanation:</u>

We can make this assertion because we are told that the children are from poor neighborhoods, so they have desire to ease their financial lack.

Further, because they do not see the importance of studying, they likely would avoid the extra effort of $98 for maths when they can exert $84 worth of effort for English which is lower.

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3 years ago
Which of the following comes closest to the value at the end of year 6 of investing $600 today (year 0) and then investing anoth
cestrela7 [59]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Investment= $600 today and $600 at the end of year 5

Interest rate= 3%

To calculate the final value, we need to apply the following formula on each investment:

FV= PV*(1+i)^n

FV= 600*(1.03^6)= $716.43

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3 years ago
What are three things to look at closely on the contract?
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3 0
3 years ago
Read 2 more answers
ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum
viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

                       = 80,000 × $50

                       = $4,000,000

Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

                       = (80,000 ÷ 8,000) × $1,200

                       = $12,000

Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

                      = (8,000 ÷ 2) × 6% × $50

                      = $12,000

Now put these values to the above formula  

So, the value would equal to

= $4,000,000 + $12,000 + $12,000

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8 0
3 years ago
Which explains why the price indicated by p2 on the graph is lower than the equilibrium price?
Vsevolod [243]

According to economic principles, as prices fall, quantity demanded goes up.

What is equilibrium price?

The market price at which the amount of goods supplied and the amount of goods sought are equal is referred to as the "equilibrium price."

The demand and supply model's reasoning is straightforward. For instance, when sugar prices are lower, the market's demand is automatically increased.

Excess demand is depicted in the graph. The price is less than the equilibrium price, as shown by p2 on the graph, since as the price decreases, the quantity demanded increases.

As a result, option (a) As prices fall, quantity demanded goes up is correct.

Learn more about on equilibrium price, here:  

brainly.com/question/13458865

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6 0
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