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Bingel [31]
3 years ago
6

At the end of the season, little billy's baseball team has a record of 7 wins and 5 losses. little billy's best buddy bobby's te

am has a record of 8 wins and 4 losses. the worst team in the league has twice as many losses as wins. if there are only 4 teams in the league, and no games are played with any other teams but league teams, in what position did little billy's team finish?
Business
1 answer:
mote1985 [20]3 years ago
7 0

Answer:

Position 02.

Explanation:

Each of the 04 teams have 12 games, hence a pair from one team plays the other four times. There are six possibilities of forming a pair in all the four teams, so in all 6x4=24 games were played among the teams. This also means that there is a possibility of 24 wins and 24 losses in all the four teams.  

First team= 7 W and 5 L

Second team = 8 W and 4 L

Worst team = 12 games = W + L ( From twice as many losses as wins we know 2W = L )

12 = W + 2W

12 = 3W

W = 4 and L = 8

For last team:

W = 24

W = 7 W + 8 W + 4 W + X = 24

19 W + X = 24 W

X = 5 W

Hence Billy's team is second

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Suppose that you have the following information for an economy:______.
galina1969 [7]

Answer:

Part 1. When real GDP is equal to $4,500, aggregate expenditure is equal to <u>$4,600</u>.

Part 2. When real GDP is equal to $5,000, aggregate expenditure is equal to <u>$5,000</u>.

Part 3. When real GDP is equal to $5,500, aggregate expenditure is equal to <u>$5,400</u>.

Explanation:

The aggregate expenditure (AE) can be calculated using the following formula:

AE = (A + (MPC * Y)) + PI + G + NX  ………………. (1)

Where;

AE = aggregate expenditure = ?

A = Autonomous consumption = $500

MPC = Marginal propensity to consume = 0.80

Y = Real GDP

PI = Planned investment = $600

G = Government spending = $300

NX = Net exports = -$400

Based on the above, we can now proceed as follows:

Part 1. When real GDP is equal to $4,500, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $4,500

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $4,500)) + $600 + $300 - $400 = $4,600

Therefore, when real GDP is equal to $4,500, aggregate expenditure is equal to <u>$4,600</u>.

Part 2. When real GDP is equal to $5,000, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $5,000

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $5,000)) + $600 + $300 - $400 = $5,000

Therefore, when real GDP is equal to $5,000, aggregate expenditure is equal to <u>$5,000</u>.

Part 3. When real GDP is equal to $5,500, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $5,500

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $5,500)) + $600 + $300 - $400 = $5,400

Therefore, when real GDP is equal to $5,500, aggregate expenditure is equal to <u>$5,400</u>.

6 0
3 years ago
Which stage of the new product development process directly follows idea generation?
uysha [10]

Answer:

screening and evaluation

Explanation:

Screening and evaluation is the third step in a new product development process, and it should work like a funnel. All the ideas generated during the previous stage must be analyzed and only workable ideas should continue the process.

At this stage it is critical to reject poor new product ideas, and continue with viable new product ideas.

7 0
3 years ago
The Gotham Corporation regularly produces budget vs. actual data for its managers. The company is particularly sensitive to pers
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Answer:

Option C Internal Control Information

Explanation:

The reason is that variance analysis is the process through which we emphasize control over costs which is solely management accounting and is not linked to financial reporting so the option B is incorrect. This information is internally generated which means saying that the information is obtained from external sources is totally incorrect. The option a is generally correct because this information is part of internal information. But Option C is more relateable here so the better option is Option C.

6 0
3 years ago
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