Answer:
The equation for Edmund's budget line is 6C - 24G = 48
Explanation:
A budget line shows all possible combinations of two commodities that a consumer can buy at a given income level and at given market prices of commodities. The equation of the budget line is as follows.
M = (Px).X + {Py).Y where
M = Income
Px = Price of commodity X
X = Units of commodity X purchased
Py = Price of commodity Y
Y = Units of commodity Y purchased
In this question, Edmund's income is $48. Let C represent the units of punk rock video cassettes that he buys. Each one costs $6.
In addition, rather than spending on another commodity, he earns $24 per sack for accepting garbage. Let G represent the number of garbage sacks he accepts. Putting these values in the above equation, we have:
48 = 6C - 24G
Rearranging the equation, we have the final answer, which is:
6C - 24G = 48
Answer:
<h2>The answer, in this case, would be option be option c. or they are developed instantly,naturally, and are immediately compatible.</h2>
Explanation:
- Team mental models basically reflect how team work can be applied to conduct any particular function or task involving multiple number of people or groups.
- In this regard, the models suggest a common understanding, mindset,thought process,planning and co-ordination among the concerned team members to carry out any specific task or function.
- The models can be assessed based on the accuracy level of task or function performed and on the respective social and physical mechanisms on how a performing group or team might operate.
- However, the to develop the common characteristics and understanding among the group or team members require considerable time to develop and cannot be immediate or instant as it requires time for the respective team members to understand the mindset and modes of operation of each other.
Answer:
-$600
Explanation:
For computing the net benefit or (cost), first, we have to determine the sales price increased which is shown below"
= Sale value of completed sailboats - a sale to boatyards
= $6,500 - $5,200
= $1,300
And, the additional cost is $1,900
So, the net processing cost would be
= $1,300 - $1,900
= -$600
All other information which is given is not relevant. Hence, ignored it
Potential GDP = $20
Real GDP =$19.2
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.
Given that $4800 is invested at the rate of 10.8% in 20 years, the future value of the money will be:
A=P(1+r/100)^n
where:
A=future amount
P=principle=$4800
r=rate=10.8%
n=time=20 years;
Thus
A=4800(1+10.8/100)^20
A=$4800(1.108)^20
A=$37,328.15
Thus the amount after 20 years will be $37,328.15
