Answer:
They all help explain the downsloping demand curve
Explanation:
The options to the question wasn't provided. The complete question can be in the attached image.
The demand curve slopes downward from left to right. This indicates that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Income effect is a change in quantity demanded when real income change. Quantity demanded increases when real income increases and decreases when real income falls.
Substitution effect says that consumers would substituite to the consumption of a cheaper good when the price of a good originally consumed increases.
Diminishing marginal utility states that as consumption increases, utility derived from consumption falls and quantity demanded falls.
I hope my answer helps you
Answer:
The standard deviation of 75 dollars
Explanation:
Standard deviation, S.D.= 75 dollars; Mean, M= 225 dollars; Mean deviation, D= ?
S.D. = √ D² - M
∴ 75 = √ D² - 225
D² = 75² - 225 = 5625 + 225 = 5950
∴ D = √5950 = 24.4 dollars
From the above, it shows that, the standard deviation of 75 dollars contains the middle 95 percent of hourly sales.
Answer:
U.S. Treasury bonds.
Explanation:
Repurchase agreements can take place between a variety of parties. The Federal Reserve enters into repurchase agreements to regulate the money supply and bank reserves.
This are open market operation and the Treasury bonds are the collateral
Answer:
$210,000
Explanation:
With the provided information we have,
August budgeted sales = 8,000 units
Growth every month = 5% increase in units
Sales for September = 8,000 + (8,000 
5%)
= 8,000 + 400 units = 8,400 units
Selling price = $25 for each unit
Therefore, expected sales total for the month of September = 8,400 $25 = $210,000
Answer:
c. 6
Explanation:
The maximun profit is determined by the point where the Marginal Revenue (MR) is equal to the Marginas Cost (MC).
Solving for person of type 2 and considering Z=1.
The marginal cost equation:
MC = 2 + 4z
MC = 2 + 4(1)
MC = 6
The demand equation:
P2 = 24 - 2Q2 + 6z
P2= 24 - 2Q2 + 6
P2= 30 - 2Q2
To calculate the Marginal Revenue, we calculate, at first, the total profit:
Total profit=P*Q2
TP=(30-2Q2)*Q2
TP=30Q2 - 2Q2^2
Taking the derivative of the total profit, we obtain the Marginal Revenue
MR = 30 - 4Q2
Finally, set the MR and MC, and solve for Q2
30 - 4Q2 = 6
24 = 4Q2
<h2>
Q2 = 6</h2>
