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pogonyaev
2 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]2 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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If the spot rate of the Israeli shekel is 5.76 shekels per dollar and the 180-day forward rate is 5.51 shekels per dollar, then
kvv77 [185]

Answer:

Premium = $5.76 -$5.51 = 0.25

Percentage of premium = 0.25/5.76 x 100

                                        = 4.34% premium

The correct answer is A

Explanation:

This is an indirect quote in which dollar is fixed and shekels is variable. In order to obtain the 180-day forward rate, premium of $0.25 has been deducted. In indirect quote, premium is deducted from the spot rate in order to determine the forward rate ie $5.76 - $0.25 = $5.51. The percentage of premium is calculated as premium divided by spot rate multiplied by 100.

8 0
2 years ago
In a command economy, Individuals fellow thir self-interest without government intervention True or False İf false, correct the
Ostrovityanka [42]

Answer:

False

Explanation:

In a command or planned economy, the factors of production are owned and controlled by the government.  The government makes all the significant economic decisions such as production, distribution, and pricing.  

The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices.  The central government employs all workers. The private sector does not exist.

8 0
2 years ago
In monopolistically competitive markets, resources are: Group of answer choices overallocated because long-run equilibrium occur
sasho [114]

Answer: underallocated because long-run equilibrium occurs where price exceeds marginal cost.

Explanation:

Monopolistic competition occurs when there are many firms that are producing products that are differentiated. It should also be noted that one typical characteristics of a monopolistic competition is a large number of firms coupled with low entry barriers.

It should be noted that in monopolistically competitive markets, resources are underallocated because long-run equilibrium occurs where price exceeds marginal cost..

3 0
3 years ago
As personal computers became popular, the sale of typewriters decreased significantly and now typewriters are only used by a ver
zimovet [89]

Answer:

False

Explanation:

With the advent of computers, the office work that involved typing a data and sending information to others, witnessed a great trend shift from typewriters and manual handing over to computers and emails.

Hence as the computers became popular, the typewriter went to the decline stage of product life cycle because there wasn’t much demand left for producing typewriters

8 0
2 years ago
Read 2 more answers
Dairy Farm enters into a contract with EZ Serve Ice Cream Company to supply milk. Later, Dairy decides that it is no longer adva
andrew-mc [135]

Answer:

C

Explanation:

<em>A breach of contract occurs when one of the parties to a contract decides not to honor all or some of the terms spelled out in the contract. In other words, a breach of contract occurs when actionable terms in the contract are neglected by one of the parties to the contract.</em>

The actionable term in the contract signed by both Diary Farm and EZ Serve Ice Cream Company is for Diary Farm to supply milk to EZ Serve Ice Cream Company. <u>Hence, not supplying milk as agreed represents a breach of the contract, all other things being equal.</u>

Correct option: C

3 0
3 years ago
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