Answer: 20,000 pounds of CO₂
Explanation:
30 mpg car.
Number of gallons of gasoline used:
= 60,000 / 30
= 2,000 gallons
CO₂ released = 2,000 * 20
= 40,000 pounds
20 mpg car
Number of gallons used:
= 60,000 / 20
= 3,000 gallons
CO₂ released = 3,000 * 20
= 60,000 pounds
Difference:
= 60,000 - 40,000
= 20,000 pounds of CO₂
Answer:
1. Sharp increase in taxes affects middle-class families
2. A sports-apparel company cuts jobs as a result of slow sales
3. A fast food chain goes out of business and shuts down all of its restaurants.
Explanation:
The circular flow of income shows the flow of money from economic activities between households and firms. Households receive payments for their services in the form of wages and salaries and use this money to purchase goods and services for consumption from the firms. The firms can use their sales revenue and profits to pay for wages and salaries. This continues in a cycle.
There are injections into and withdrawals out of the circular flow of income. Withdrawals (leakages) can occur in the form of savings, taxes and imports.
1. When there is a sharp increase in taxes, people spend more of their income on paying their taxes. Hence, they have little remaining of disposable income to spend on consumption.
2. When a sports-apparel company cuts down on jobs, many people will lose their salaries or wages. Hence, they would be unable to spend on goods and services produced by the firm. This in turn means lower sales revenue for the firm.
3. As a fast food chain shuts down its operation, a lot of suppliers will lose their sales. At the same time, employees would lose their income. Hence, it is a form of leakage from the circular flow of income.
Answer: False
Explanation:
The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.
The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.
Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.
Answer:
D. best-case scenario.
Explanation:
This is true because, there are two scenarios involved in the production- Jimenas' company's production method and Spicy Sides company's method. She is trying to compare the two production methods and comes up with the best case scenario that leads to low cost of production.
