Answer:
George buys 5 bags of cookies each month
Explanation:
Given
(per gallon)
(per bag)
Required
Determine the number of bags of cookies he buys
First, we need to determine the marginal utility of cookies
To solve this, we make use of the following formula:
Substitute values for
<em>MU of Milk = 4</em>
<em>Cost of Milk = 2</em>
<em>Cost of Cookies = 4</em>
<em />
This gives:
From the given table:
The corresponding bags of cookies for marginal utility of 4 is 5
Hence:
George buys 5 bags
Answer:
Cultural capital
Explanation:
Cultural capital consists of knowledge about artistic trends and cultural acts that one can use to establish oneself in society, and demonstrate a particular social-standing. It also consists of tastes, preferences, and even ways of speaking, living, and moving.
The term was coined by French sociologist Pierre Bordieu. According to him, cultural capital is a form of class distinction, because the access to certain cultural products depends on variables such as race, ethnicity, income, sex, and religion.
Answer:$119,735.6
Explanation:
To calculate the total in the account,we use the compound interest formula
A= P ( 1+ ( R/2)/100)∧2n
P = $ 12,000 n = 4 R = 12%
A = 12,000 (1+(12/2/100)∧2*4
A = 12,000 ( 1+ ( 6)/100)∧2*4
A = 12,000 ( 1+0.06)∧8
A= 12,000 ( 1.06)∧8
A = 12,000 ( 1.5938)
A= 12,000* 1.5938
A= $ 19,125.6
Another deposit into the account
A = P ( 1+(R/2)/100)∧2n
A= 50,000 (1+12/2/100)∧2*6
A= 50,000 (1+6/100∧12
A = 50,000 ( 1+0.06)∧12
A = 50,000 (1.06)∧12
A= 50,000 ( 2.0122)
A = 50,000* 2.0122
A = 100,610
Therefore, the total in the account
$19,125.6 + $100,610
= $119,735.6
Given the following:
Sigma =
17.8
E =
44 points
Confidence interval = 99% - 2.58
Confidence interval = 95% - 1.96
In order to get the sample size,
use the formula:
For 99% confidence level
n =
[ (z value x s) / E ]2
n =
[ (2.58 x 17.8) / 44]2
n =
1. 089 or 1 (rounded up)
For 95% confidence level
n =
[ (z value x s) / E ]2
n =
[ (1.96 x 17.8) / 44]2
n =
0.628 or 1 (rounded up)
As we decrease the confidence
level, from 99% to 95%, our confidence interval gets smaller. In additional, to
be more confident that our interval actually comprises the population mean we
have to increase the size of the interval. To ease that trade off between level
of confidence and the precision of our interval is to primarily increase the
sample size.
Answer:
Letter A is correct. <u><em>Direct investment.</em></u>
Explanation:
Direct Investment or Foreign Direct Investment is defined as international investment for the purposes of creation and operations in another country. This type of investment may establish a majority or minority interest in companies that give the investor control over the operations and activities of that company.
In the case of the matter, it involves the Ford company whose direct investment was made in India to open its own business operations in India.
It is a type of complex investment, often used by companies wishing to establish a commercial presence in foreign countries, so it involves not only capital and interest, but management systems and technology.
