Suppose that Bob leaves a job that pays $100,000 per year in order to open a new sponge business. His insurance cost is $8,000,
1 answer:
Answer:
-$11,000 is the economic profit or we can say it is a loss.
Step-by-step explanation:
The job paid Bob = $100000
The insurance cost is = $8,000
The material cost is = $15,000
The lease payments are = $8,000
The sales revenue is $120,000.
So, Bob's economic profit is:
Therefore, his economic profit is -$11000.
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Answer:
Step-by-step explanation:
<h3> The complete exercise is: "Omar works as a tutor for $15 an hour and as a waiter for $7 an hour. This month, he worked a combined total of 83 hours at his two jobs. Let "t" be the number of hours Omar worked as a tutor this month. Write an expression for the combined total dollar amount he earned this month."</h3><h3 />Let be "t" the number of hours Omar worked as a tutor this month and "w" the number of hours Omar worked as a waiter this month.
Based on the data given in the exercise, you know that Omar worked a combined total of 83 hours this month.
Then, you can represent the number of hours he worked as a waiter this month with this equation:
Since he earns $15 per hour working has a tutor and $7 per hour working as a waiter, you can write the following expresion to represent the total money earned:
Since , you can substitute it into the expression and then simplify it in order to find the final expression that represents the total amount of money Omar earned this month.
This is:
Answer:
⟨-5, -1⟩
Step-by-step explanation:
Vector:
A vector is given by its endpoint subtracted by its initial point.
Vector u has initial point at (3, 9) and terminal point at (–7, 5)
Then
Vector v has initial point at (1, –4) and terminal point at (6, –1).
Then
What is u + v in component form?
⟨-5, -1⟩ is the answer.
Hi the picture has the answer and work, if you have any questions feel free to ask!!
