How many total student loan borrowers owe more than $100,000?

Suppose that in 2007, Ford sold 500,000 Mustangs at an average price of $18,800 per car; in 2008, 600,000 Mustangs were sold at

S_A_V [24]

Answer:

Actually suggests that there was an increase in the demands for Mustangs between 2007 and 2008

Explanation:

Two factors are important to consider in order to make the decision:

The first is the quantity of Mustangs sold

The second is the average price of Mustangs in each year

2007

500,000 Mustangs sold at an average price of $18,800

2008

600,000 Mustangs sold at an average price of $19,500

Implication

The quantity demanded of Mustangs in 2008 was so enormous that supply could not keep up with demand, hence, it created a gap between quantity demanded and quantity supplied. Once, there is a shortage of supply for a product the effect is that price of the product wil go up.

Therefore, the demand went up by 100,000 Mustangs in 2008 and since supply struggled to match this demand, the average price also went up by an aveage of $700

So, the statements show that the demand for Mustangs went up in 2008 and consumers were willing to pay more to get one.

3 0

3 years ago

A researcher developing scanners to search for hidden weapons at airports has concluded that a new scanner isis significantly be

Masteriza [31]

There is not enough information in this question to answer it. You cannot determine significance with just the alpha value. You need the actual test statistic (p-value) to determine this.

If the p-value is less than the alpha value, you reject the null hypothesis (the there is no difference).

3 1

2 years ago

It was a meat-eating dinosaur. It was about 30 feet long. It had

Ludmilka [50]

Answer:

T-rex

Explanation:

8 0

2 years ago

Problem 5-7 Analyzing Transactions

7nadin3 [17]

I don’t see anything :/

4 0

3 years ago

Darrin’s employees are highly skilled, so he allows them free rein to do their jobs.

Oxana [17]

Answer::Leader-Member exchange , Out group members

Explanation:Leader-Member exchange theory is a relationship based theory of leadership that exists between the leading managers and their n employees together with their interaction with each other leading to a productive workplace environment for both individuals.

The created relationship can either succeed when there is trust and mutual respect leading to effective employees or fail by producing undesired result in terms of a hostile relationship leading to low efficiency and productivity from employees

According to the leader member exchange theory, leaders tend to create different relationships with followers by forming two groups----- in group members and out group members

of which the outgroup members are given less responsibilities with less attention and work outside the leaders inner circle of communication and therefore are less likely to engage in organizational citizenship than other employees.

4 0

3 years ago