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valentinak56 [21]
3 years ago
11

Pat has 4 hours to spend either studying for a test or playing a new video game. If Pat spends all of that time studying, Pat ca

n score a 92 on the test. If Pat plays for 1 hour, Pat's test score falls 5 points. For playing a second hour, Pat's score falls by another 7 points. Playing for a third hour will lower Pat's score by another 10 points. Refer to the information above. The intercept on the test score axis of Pat's PPC is:
A. 100


B. 92


C. 5 hours


D. 4 hours
Business
1 answer:
Strike441 [17]3 years ago
3 0

Answer:

B. 92

Explanation:

The intercept is the point at which a function met with the Y axis.

On the Y axis will be the score

On the X axis the videogames hours

At more videogames hours less score and at less videogames hours more score.

We are asked for the value of score for 0 hours of dividends:

at X = 0 then Y = 92

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Both goods and services can be standardized for the mass market or customized to individual needs.
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The answer to this statement is True goods and services can be easily balanced and purchased at certain prices and if needed the prices will increase
7 0
3 years ago
What effect would a bumper crop most likely have on the price of that crop?​?
Lunna [17]
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
5 0
4 years ago
Morris Companies has an issue of preferred stock outstanding that pays a $7.75 dividend every year in perpetuity. What is the re
quester [9]

Answer:

Option (B) is correct.

Explanation:

Given that,

Issued preferred stock outstanding that pays dividend per year = $7.75

Current selling price = $68.19 per share

Required return = (Annual dividend ÷ Current price)  × 100

                            = ($7.75 ÷ $68.19) × 100

                            = 11.37% (Approx)

Therefore, the required return is 11.37% if this issue currently sells for $68.19 per share.

8 0
3 years ago
What type of budget is used to forecast income and expense for ongoing business operations?
Kruka [31]

Answer:

The correct answer is: Operating budget.

Explanation:

An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.

4 0
4 years ago
Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and mate
liq [111]

Answer:

$950,000

Explanation:

<u>Particular                                     Amount    Amount</u>

Finish Goods                                                $39,000

W.I.P Goods                                  $34,000

Add: material                                $27,000              

material purchase                        $555,000

Direct labor                                   $248,000

<u>Factory Overhead                        $143,000</u>

                                                      $1,007,000

Less: material                               $20,000

W.I.P Goods at end                      $33,000

<u>Finish Goods                                $43,000                 </u>

<u>                                                                       $911,000</u>

<u>Total cost of goods sold                               $950,000</u>

6 0
3 years ago
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