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pogonyaev
3 years ago
5

Define a binary variable as ecobuy = 1 if ecolbs > 0 and ecobuy = 0. in other words, ecobuy indicates whether, at the prices

given, a family would buy any ecologically friendly apples. what fraction of families claim they would buy ecolabeled apples? answer
Business
1 answer:
Artyom0805 [142]3 years ago
4 0

Your question is not complete but from the information I sourced for, there are total 660 families and 412 families claimed they would buy ecolabeled apples.

Answer:

0.6242 fraction of families claim they will buy ecolabeled apples

Explanation:

When a binary variable ecobuy is defined such that ecobuy = 1 if ecolbs > 0 else ecobuy = 0.

Out of 660 families, there are 412 families who claimed they would buy ecolabeled apples.

The fraction of families who claim they would buy ecolabeled apples is therefore calculated as follows; 412/660 = 0.6242 fraction of families.

In percentage; 0.6242*100 = 62.42% of families.

That means 62.4242% of families claimed they would buy ecolabeled apples.

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73 points I will give if you like and comment 73 points
LuckyWell [14K]

Answer:

i b b beg your pardon

Explanation:

5 0
2 years ago
Read 2 more answers
Better Beverages purchased some fixed assets classified as five-year property for MACRS. The assets cost $108,000. The MACRS rat
lakkis [162]

Answer:

e. $89,337.60

Explanation:

Given that

The cost of the asset = $108,000

And, the MACRS rate is .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6

So the accumulated depreciation at the end of the year 4 is

= ($108,000) × (0.2 + 0.32 + 0.192 + 0.1152)

= $108,000 × 0.8272

= $89,337.60

By multiplying the cost of the asset with the MACRS rate upto fourth year we can get the accumulated depreciation

0 0
3 years ago
What is the benefit in reaching the absolute advantage in the production of one good?
horsena [70]

The benefit in reaching the absolute advantage in the production of one good to produce more units of a good than other countries. Option A is correct.

<h3>What is the absolute advantage?</h3>

The ability of a party to produce a good or service more efficiently than its rivals is the foundation of the principle of absolute advantage. This idea or principle was first introduced in 1776 while covering international trade and using labor as the sole input.

Therefore, option A is correct.

To learn more about the absolute advantage, refer to:

brainly.com/question/13221821

#SPJ1

7 0
2 years ago
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
amid [387]

Answer:

140,000 units and 130,250 units

Explanation:

The computations are shown below:

For Material cost:

= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion

=  110,000 units × 100% + 30,000 units × 100%

=  110,000 units + 30,000 units

= 140,000 units

For Conversion cost:

= Beginning work in progress units × remaining completion + Transferred units × percentage of completion + ending work in process inventory units × percentage of completion

= 25,000 units × 45% + 110,000 units × 100% + 30,000 units × 30%

= 11,250 units + 110,000 units + 9,000 units

= 130,250 units

The remaining percentage would be

= 100% - 55%

= 45%

4 0
3 years ago
Larry is a hard-working college freshman. One Saturday, he decides to work nonstop until he has answered 200 practice problems f
OverLord2011 [107]

Answer:

  • The marginal gain from Larry's second hour of work is 60 problems
  • The marginal gain from Larry's fourth hour of work is 20 problems
  • The best combination is 1 hour of working problems + 3 hours of reading

Explanation:

To get the <em><u>marginal gain</u></em> we subtract from the latest hour, in this case the second hour (140), the production from the previous hour (80). 140-80=60. <em>It's always the same, the latest minus the previous one.</em>

So let's do the same for the fourth hour:

Noon................200 problems

minus

11:00 AM..........180 problems

200-180= 20 problems

Now to know how many hours he should spend working on problems and reading, let's compare:

An hour of reading equals to 70 problems made; (because working on 70 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour).

hours of working problems         problems solved

0............................................................0

1.............................................................80

2............................................................140

3............................................................180

hours reading                    problems equivalent to hours read

4...............................................(4*70)=280

3...............................................(3*70)=210

2...............................................(2*70)=140

1................................................(1*70)=70

finally let's add up the two combinations (0 and 4, 1 and 3, 2 and 2, 3 and 1)

0 and 4_______________0+280= 280

1 and 3________________80+210=290

2 and 2_______________140+140=280

3 and 1________________180+70=250

<em>And the best combination is 1 hour of working problems + 3 hours of reading=</em><em>290</em>

3 0
3 years ago
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