They don't. Water was found and there are actually implications that if it doesn't exist nowadays, it might have historically existed long before there was even life on earth. There are theories that there was life on Mars millions of years ago way before earth had life.
Answer:
$17.9469
Explanation:
Calculation for what dollar wage must be paid in the third year
Since the first year is tend to be the base year in which the real wage and nominal wage are both $15 per hour in that year.
The real wage is suppose to increase by 2 percent in the second year which means that the real wage in year two will be $15.30 ($15 * 1.02) per hour.
In a situation where the real wage was supposed to also increase by 2 percent in the third year, this means that the real wage in year three will be $15.606 ($15.3 * 1.02) per hour.
Therefore In order for us to find the nominal wage in third year , we have to index the real wage in order for it to adjust for inflation. Thus the nominal wage in third year will be $17.9469($15.606 * 1.15).
Therefore what dollar wage must be paid in the third year will be $17.9469
Answer:
Optimal batch size to produce= 5.56 slices
Explanation:
Selling rate of sandwich = 50 / hour
No of slices used per hour = 50* 2 =100 ( each sandwich use 2 slices)
No of loafs which gets baked in an hour = 7
No of sandwich slices which get produuced in an hour = 7*20 =140
No of sandwich which can be produce = 10/2 =70
So every hour no of slices to be hold = 40
No fo loaf to be hold = 40/20 =2
Cost of holding = 0.8* 1 =0.8
Cost of running a new batch = $3*2 = $6
Selling each sandwich = $12.95
Saving = $12.95 - $6 =$6.95
Optimal batch size = saving * ( Holding cost) = 6.95 *0.8 = 5.56 slices