Answer:
There is a 10% chance of the mean oil-change time of 20.53 minutes
Explanation:
Given that:
There are 45 oil changes between 10
a.m. and 12 p.m. treating this as a random sample, n = 45 and there would be a 10% chance of the mean oil-change time, therefore P = 10% = 0.1
A probability of 0.1 gives a corresponding z score of -1.28, this is gotten from the z table. z = -1.28
z score (z) = (x - mean) / (standard deviation / √n)
Let us assume mean = 21.2 minutes and standard deviation = 3.5 minutes. substituting values:
-1.28 = (x - 21.2)/(3.5 ÷ √45)
-1.28 = (x - 21.2) / 0.522
x - 21.2 = -0.6678
x = 21.2 - 0.6678 = 20.53
x = 20.53
Answer:
We sale 86 units in europe and 9 un the US to maximize revenue
Explanation:
Being revenue:
Qunatity EU x Price EU + Quantity US x Price US
we want to maximize this function:
givne the constrain Qe + Qus = 95
we solve using excel solver
Europe US Total
1 Quantity 86 9 95
2 Price 5.7 11
3 Revenue 490.2 99 589.2
we maximize D3 changing cells B2 and C2
Answer:
D. The tax cut can be categorized as fiscal policy and the lowering of interest rates can be categorized as monetary policy.
Explanation:
Fiscal policy is when the government uses either taxes or government spending to influence the economy.
Contractionary fiscal policy is when the government increases taxes or reduces spending.
Expansionary fiscal policy is when the government decreases taxes or increases spending.
Monetary policy are policies enacted by central bank of a country to control money supply or interest rest.
Contractionary monetary policy is reducing money supply or increasing interest rates.
Expansionary monetary policy is increasing money supply or decreasing interest rate.
I hope my answer helps you.
Answer:
The answer is $1,500
Explanation:
Accounting equation can be stated as follows:
Equity = Asset - Liability
Asset = Equity + Liability
Liability = Asset - Equity.
What a firm is obligated to pay its creditors is known as a liability and its value in the question is $8,900
The assets owned by the company totalled $10,400
Now to find market value of the shareholders' equity, we use:
Equity = Asset - Liability
$10,400 - $8,900
= $1,500
Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>
