Rick gave his son $100 to buy food and drinks. His son returned with $25.50 in change. Therefore the amount spent was
$100 - $25.50 = $74.50.
Let
x = number of hot dogs bought (at $3.50 per hot dog).
y = number of milk shakes bought (at $8 per milk shake).
There were 8 orders of soda at $5 per soda.
The total order is $74.50, therefore
3.50x + 8y + 8*5 = 74.50
Simplify to obtain
8y = 74.5 - 3.5x
y = 4.3125 - 0.4375x
We must have whole numbers (integers) for x and y.
Create a table that varies x from 0 to 8, and look for y to be an integer, as shown below.
x y
--- -------
0 4.3125
1 3.8750
2 3.4375
3 3
4 2.5625
5 2.1250
6 1.6875
7 1.2500
8 0.8125
Because we cannot have fractional values for either x or y, the solution is x=3, y=3
Answer:
3 hot dogs, 3 milk shakes, and 8 sodas.
That statement is false. Your financial decision will not decrease when you have become an adult,
Answer: d. Sell 210 shares and loan out the proceeds at 8 percent
Explanation:
Because the Firm wants to use a Debt to Equity Capital structure instead of an All Equity structure, she can lend money out at the company interest rate to NEGATE the conversion.
She can do this by selling 35% of her portfolio and loaning it out at 8%
35 % of her Portfolio would be,
= 0.35 * 600
= 210 shares
So she can sell 210 shares and loan at the proceeds at 8% to offset the Company's conversion
Answer:
A company has grown in size to the point that it is expanding its operations
into other countries. They are finding that the government regulations and
societal expectations for CSR issues differ drastically from place to place.
They are facing the realities of being involved in the AWESER IS C
Explanation:
Answer: Group A
Explanation:
Price Elasticity of demand refers to the sensitivity of quantity demanded given a change in price. In other words, how much will quantity demanded change if price changes. Higher elastcities mean that when prices change, their quantity demanded changes more. For instance, an elasticity of demand of 2 means that when prices rise by 2%, demand will decrease by 4%.
The group that will be paying the most therefore will have to be the group that is least sensitive to paying that high price. That would be Group A. As they are not very sensitive to price changes with an elasticity of 0.2, the Monopoly can increase their price to a higher point than others knowing that they won't demand less goods.
