Hey there,
The word (interest) is when you borrow money but there is a little more money you have to add because of the fact that you took there money. So it is basically a charge on your self because you borrowed, they also need to make profit.
Your correct answer would be <span>a charge for the convenience of accessing money stored in your bank account.</span>
Revenue per hour of labor
Answer:
a) resources are limited and efficiency implies that all resources are already in use
Explanation:
If production is efficient, it means that the economy is producing on the production possibility frontier and all resources are in use.
To produce one unit of a good, the economy has to forgo producing one unit of the other good.
I hope my answer helps you.
Answer : If a child's hyperactivity rating is predicted to be 18, he <u>consumed 103.125 grams</u> of food containing preservatives.
The regression (least-squares) equation given in the question is:

In the equation above, y is the predicted variable. Here the predicted variable is the subjective hyperactivity rating (on a scale of 1 to 20).
The independent variable, x, is the quantity of food containing preservatives (in grams) consumed by hyperactive children.
The question tells us that the subjective hyperactivity rating of a child is 18.
Substituting the value of y in the equation above, we have,


