<span>The total number of students = 280
Sum of ages of children = 3238
Let the number of children of ages 11 year old = x
and the number of children of ages 12 year old = y
Equation 1. x+y=280
Equation 2. 11x + 12y = 3238
From Equation1. y= 280-x
Now, put the value of Y in equation 2 which gives 11x+12(280-x) = 3238
from this, 11x + 3360-12x = 3238
x = 3360-3238
x = 122 = children of age 11 years.
putting value of x in equation 1,
122+y = 280
y = 280-122
y =158 = children of age 12 years
Answer. children of age 11 years =122</span>
Answer:
Managers who have the ability to understand, alter, lead, or control the behavior of others are said to possess human skills.
What is Human Skills?
having knowledge about and being able to work with people.
What is Skills?
the ability to use one's knowledge and competencies to accomplish a set of goals and objectives.
skills vs Skills.
skills refers to the general term, while Skills refer to the formal term "Skill Approach"
Answer:
Sunk costs.
Explanation:
Sunk costs refers to historical funds spent or incurred that cannot be recovered. Such costs are considered irrelevant during decision making which impacts on the business's future as they present no influence on present or future prospects.
Example
ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.
Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.
Hence, money that has been or will be paid regardless of the decision whether to proceed with the project is sunk costs.
Monopoly is a seller<span> that is selling a unique product in the market and in a </span>monopoly<span> market, the seller faces no competition. </span>
A firm that is a monopoly can ignore the actions of other firms. From the given option the following best describes monopoly:
<span>C: A monopoly is a firm that is the only seller of a product in a given industry.</span>
