1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miskamm [114]
3 years ago
8

A wireless phone plan costs eric $35 for a month of service during which he sent 450 text messages.if he was charged a fixed fee

of 12.50,how much did he pay per text
Business
1 answer:
Lerok [7]3 years ago
5 0

Answer: Eric paid $0.05 or 5 cents per text.

We have

Cost of wireless phone plan           $35

Fixed charges                                   $12.50

Cost of the text messages              22.50 (35 -12.50)

We need to deduct the Fixed charges, because Eric would have had to pay those charges even if he didn't send one text messages.

So, the cost per text messages is \frac{22.50}{450} = 0.05


You might be interested in
If a human resources manager estimates the probability that a certain percentage of employees will take advantage of a proposed
azamat

Answer:

The correct Answer is "Estimation"

Explanation:

By utilizing the probability that the certain amount of workers will deal with advantage plan administrator working under the state of estimation. In which he use probability that specific measure of individuals will participate in that specific arrangement and expect interest rate of workers.

8 0
3 years ago
Which of the following societies are examples of traditional economies?a. US, Japan, Germanb. The Mbuti, Aborigines, Inuitsc. No
ra1l [238]

Answer:

b. The Mbuti, Aborigines, Inuits

Explanation:

A traditional economy is an economic model of little complexity, characterized basically by subsistence production. In this model, there are no firms, people produce little and exchange their surplus for the sole purpose of meeting their basic basic needs. There was no profit. The traditional economy can be considered the first known economic system, but to this day it can be observed in underdeveloped rural communities. The traditional economy was the initial model that gave support to the development of more complex models, such as the market economy that we live in today, a complex system in which there are companies and the production of goods and services in bulk for commercialization and profit.

3 0
3 years ago
Mary Cooper just purchased 180 shares in the All-American Fidelity Fund. The purchase cost for each share was $13. If this fund
Delvig [45]

Answer:

Cost of purchasing the shares = 180 x $13 = $2,340

Commission = 3% x $2,340 = $70.20

Explanation:

In this case, we need to calculate the cost of purchasing the shares. Thereafter, we will calculate commission based on 3% load (3% of $2,340).

3 0
4 years ago
If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in it
Rasek [7]

The duration gap is calculated by subtracting the duration of the liabilities from the duration of the activity of the financial entities. Thus, in this case, the net worth of  1.8 percent of its assets.

<h3>What do you mean by Duration Gap?</h3>

Duration Gap refers to the term used by funds, banks, pensions, or many financial institutions to estimate the risk because of changed interest rates.

Also, if we have a negative duration gap means that the market value of equity will increase when interest rates rise.

Thus, in this case, If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of 1.8 percent of its assets.

Learn more about Duration gap here:

brainly.com/question/7276068

#SPJ1

8 0
3 years ago
In a short-run model of a large open economy with a floating exchange rate, net capital outflow ______ as the domestic interest
balandron [24]

Answer:

1. decreases

2. decrease

Explanation:

When Domestic interest rate increases, as a result of floating exchange rate, the net capital outflow decreases which in turn leads to most goods to be used internally, instead of exporting it abroad, there by reducing the level of exports.

Hence, All things being equal, it is assumed or believed that, In a short-run model of a large open economy with a floating exchange rate, net capital outflow DECREASES as the domestic interest rate increases and is just equal to the DECREASE in net exports.

8 0
3 years ago
Other questions:
  • How does the haymarket square affair highlight class tensions in gilded age chicago?
    6·1 answer
  • Record the adjusting entry for salaries payable (LO3-3) Fighting Irish Incorporated pays its employees $3,220 every two weeks ($
    8·1 answer
  • As the prices in markets change, buyers and sellers respond in different ways according to how much time they have to react. Mat
    7·1 answer
  • Scenario: Terrill and Natalia want to buy a home valued at $150,000. The property tax in their community is 1 percent of the pro
    13·2 answers
  • The top management of Fresh, a food distribution company, has set strategic goals of increasing organizational market share and
    6·2 answers
  • If the Federal Reserve tries to target inflation near 2%, the inflation rate is 2.1%, and output is 4% below potential GDP, the
    6·1 answer
  • What is lower production cost?
    7·1 answer
  • ASAP! GIVING BRAINLIEST! Please read the question THEN answer correctly! No guessing. Show your work or give an explaination.
    10·2 answers
  • The race to the bottom scenario of global environmental degradation is explained roughly like this:
    13·2 answers
  • g dividends paid 13500. what was the net income for the past year of the firm faces a tax rate of 30%
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!