Answer:
D. society’s scarce resources are used to produce products that align with consumer preferences
Explanation:
Allocation efficiency is a point in the economy when the goods and services being produced are exactly what the customers or people of the economy want and this is a point of production when marginal social benefit of producing the good is equal to the producers marginal cost.
Answer:
11,513
Explanation:
Data provided in the question:
Initial bacteria = 200
Growth rate r(t) = 
Now,
Total growth after 3 hours = 
or
Total growth after 3 hours = 
or
Total growth after 3 hours =![450.268[\frac{e^{1.12567t}}{1.12567}]^3_0](https://tex.z-dn.net/?f=450.268%5B%5Cfrac%7Be%5E%7B1.12567t%7D%7D%7B1.12567%7D%5D%5E3_0)
[ ∵
]
Thus,
Total growth after 3 hours = 400 × ![[{e^{1.12567t}]^3_0](https://tex.z-dn.net/?f=%5B%7Be%5E%7B1.12567t%7D%5D%5E3_0)
or
Total growth after 3 hours = 400 × ![[{e^{1.12567(3)}-e^{1.12567(0)}]](https://tex.z-dn.net/?f=%5B%7Be%5E%7B1.12567%283%29%7D-e%5E%7B1.12567%280%29%7D%5D)
or
Total growth after 3 hours ≈ 11313
Hence,
Total bacteria after 3 hours = Initial bacteria + Total growth after 3 hours
= 200 + 11313
= 11,513
Answer:
It will take 10.058 years from today.
Explanation:
Giving the following information:
Present value= $1,091
Future value= $1,728
Interest rate= 12%
<u>First, we need to calculate the number of years it will take to transform the PV into the FV:</u>
<u></u>
n= ln(FV/PV) / ln(1+i)
n= ln(1,728/1,091) / ln(1.12)
n= 4.058 years
It will take 10.058 years from today.
A credit limit<span> is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline).</span>