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3 years ago

The supply of product x is elastic if the price of x rises by

1 answer:

8 0

The answer to this question is <span>5% and the quantity supplied rises by 7%.
A product is considered as elastic if the change in prices will also affect the changes in total supply.
Usually, this type of products are not considered unique or rare and there are a lot of substitute for this product in the market</span>

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Problem:Water flows from a bathroom tap at a rate of 2 gallons every 6 seconds. Questions At this rate,how many minutes will it

katrin2010 [14]

Answer:

4 minutes.

Explanation:

The rate of flow from the tap is 2 gallons every six second

which comes out to be 1 gallons per 3 seconds.

so for 80 gallons we can simply

3 * 80 = 240 which is 240 seconds.

Thus it would take 4 minutes to fill up the 80 gallon tub.

4 0

3 years ago

A(n) __________, used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and ve

allsm [11]

A CBA , used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and verified prior to the development of the project plan.

A project plan is a collection of official documents outlining the project's execution and control phases. In addition to addressing scope, cost, and schedule baselines, the plan takes risk management, resource management, and communications into account.

A project plan is a document that outlines each step needed to complete a project from A to B. It is sometimes portrayed as a Gantt chart. It acts as a roadmap by outlining the project phases, important project tasks, their start and end dates, interdependencies, and project milestones.

Learn more about project plan here

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4 0

2 years ago

Sony Corporation conducted a series of consumer use tests in the 1990's in which consumers were given samples of its experimenta

Fynjy0 [20]

Answer:

4) Problem analysis

Explanation:

Problem analysis refers to a method of investigating consumer needs under certain complex conditions. It is carried out in order to improve systems, processes and designs.

In this scenario, Sony was offering an extremely disruptive product which wasn't very user friendly but as we all know had a huge potential. Sony's original digital camera was very large, huge compared to normal cameras that used film. It was also very slow and it wasn't very good at taking pictures. Is main advantage was that it used 3¹/₂ floppy disk instead of film.

I'm not sure but I believe it could store around 10-12 pictures and then you had to use another disk. Finally people could start to take a lot of pictures without having to worry about high printing costs. My family had the final commercial product, and if that was the good product, I imagine that those that participated in the product analysis probably had to use and work with something slightly worse.

4 0

4 years ago

6. Assuming the partial billing was approved for payment and the expenditure and liability (contracts payable) was recorded for

jenyasd209 [6]

Answer:

Option A, Credit to Cash, $560,000

Explanation:

As per the data given in the question,

Expenditure and liability = $700,000

Retaining percentage = 20%

Assuming the partial billing was certified for expenses and payments and liability was approved for amount $70,000. Though, Oxford has a policy not to pay 100 percent, but to retain 20 percent as a retained percentage.

So, $700,000 - $700,000 × 20%

= $700,000 - $140,000

= $560,000

Therefore, The entry to record the approved payment and retained percentage would include:

Option A, Credit to Cash, $560,000

8 0

3 years ago

Time to reach a financial goal You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the e

andrew11 [14]

Answer:

It take to reach your goal is 11 years

Explanation:

given data

initial fixed amount = $42,180.53

deposit additional = $5,000

account totals = $250,000

expect to earn r = 12%

solution

we will apply Future value of annuity that is express as

Future value of annuity = initial fixed amount × $(1+r)^{t}$ + deposit additional × $\frac{(1+r)^t-1}{r}$ ......................a

put here value and we get

$250,000 = 42,180.53 \times (1+0.12)^{t} + 5,000 \times \frac{(1+0.12)^t-1}{0.12}$

solve it we get

time t = 11

so it take to reach your goal is 11 years

6 0

3 years ago