Answer:
15lbs of gourmet coffee and 5lbs of cheap coffee.
Explanation:
To solve this problem, we will use the substitution method. Step by step explanation:
1. Defining the variables:
- G: For gourmet coffee
- C: For cheap coffee
2. Setting up the equations:
We need to find a combination of G and C that will result in 20 pounds worth $8.50 per lbs. As such, we have:
- G + C = 20lbs
- $9.00G + $7.00C = $8.50/lbs x 20lbs
3. Solving equation 1 for any of the variables. We will go with variable G:
4. Substituting variable G in equation 2 to find C:
5. Substituting variable C in equation 1 to find the value of G:
Then, we need <em>15lbs</em> of gourmet coffee and <em>5lbs</em> of cheap coffee to have <em>20lbs</em> of coffee worth <em>$8.50/lbs.</em>
The correct answer is letter B. Unemployment is synonymous with surplus of labor. This concept was used by Karl Marx when he critiqued political economy. Surplus of labor is ;abor that is performed in excess of the labor necessary. That purpose the purpose of producing the means of livelihood of the worker.
Answer:
Introduction
Info on needs and wants of ancient communities
.Info on system practiced in exchanging their goods
Logical arrangement of facts
Conclusion
The quantitative method used to evaluate multiple locations based on total cost of product or service operations is called a <u>break even analysis</u>.
<h3>What is a
break even analysis?</h3>
This refers to the management tool that is used to calculate the level of sales needed to cover all costs of production. It helps to further sales to generate a positive safety margin and hence profit for the business.
Hence, the quantitative method used to evaluate multiple locations based on total cost of product or service operations is called a break even analysis.
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