Fair test can help you avoid wrong answers as they are used in finding right answers in research.
<h3>What is fair test?</h3>
Fair test is used to investigate in research, the researcher keeps some variable as constant while other are changed and not constant to get effective answers. Fair test can be used to generate accurate answers in research.
Therefore, fair test can help you avoid wrong answers as they are used in finding right answers in research.
Learn more on fair test below,
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Answer:
If the money supply is MS2 and the value of money is 5, then the quantity of money
a. demanded is greater than the quantity supplied; the price level will rise.
Explanation:
If the money supplied is greater than the quantity demanded; the price level will fall. The quantity theory of money, popularized by Irving Fisher but developed by John Maynard Keynes, states that the value of money is influenced by the forces of demand and supply. This theory implies that money supply and price level proportionally influence each other.
Answer:
1) variable cost = $1.56 per day
fixed costs = $1,395 per month
2) another aspect that increases or decreases electrical consumption is the weather. During very hot days, more people use the air conditioner, which increases electricity costs. Very cold weather will result in a similar increase in electric consumption.
Explanation:
Month Occupancy-Days Electrical Costs
January 1,736 $ 4,127
February 1,904 $ 4,207
March 2,356 $ 5,083
April 960 $ 2,857
May 360 $ 1,871
June 744 $ 2,696
July 2,108 $ 4,670
<u>August 2,406 $ 5,148 </u>
September 840 $ 2,691
<u>October 124 $ 1,588 </u>
November 720 $ 2,454
December 1,364 $ 3,529
variable cost = (highest activity cost - lowest activity cost) / (highest activity level - lowest activity level) = ($5,148 - $1,588) / (2,406 - 124) = $1.56 per day
fixed costs = $5,148 - ($1.56 x 2,406) = $1,395
Answer:
Mexico's speciality is the manufacture of high-end vehicles and it exports those. They then import low-end vehicles that are usually manufactured at a low cost in other places.
Explanation:
Comparative advantage refers to the ability of an economy to create products and services at a reduced cost than that of the business partners.
