Question
Your boss would like your help on a marketing research project he is conducting on the relationship between the price of juice and the quantity of juice supplied. He hands you the following document:
Price of Juice Quantity of Juice Supplied (Dollars per can) (Billions of cans)
0.50 750
0.75 1,000
1.00 1,500
1.25 2,000
Your task is to take this______________ and construct a graphical representation of the data. In doing so, you determine that as the price of juice rises, the quantity of juice supplied increases. This confirms the____________- .
A.quantity of juice supplied
B.law of supply
C.supply schedule
D. supply curve
Answer:
The correct answers are
C - Supply Schedule
B - Law of Supply
Explanation:
A Supply schedule is a tabular representation of the relationship between the price of a commodity and the quantity of it that is supplied.
The law of supply states that all things being equal, price and quantity supplied will always move in the same direction.
Cheers!
Answer:
The correct answer is A
Explanation:
Reusable container is the container which is designed for the purpose to reuse without the impairment of the protective function. It involve components for other than reuse or returning packages, disposal and recycling.
So, the consumer want to use the 40-ounce bottle when its get empty, it will be an example of the reusable container.
<span>Competition between co-workers is healthy and unavoidable because competition keeps the fire burning. Everyone is encourage to top his or her previous performance which leads to better company results. However, too much competition makes the company destructible as well.</span>
Answer: Compensating differentials.
Explanation:
Compensating differential is the additional amount of money that a worker is given in order to motivate the worker to accept an undesirable job. Compensating differentials is as a result of the risk of injury, risk of future unemployment, risk of unsafe environment and it explains why there is difference in pay between different regions
Even though Max and Eli have the same skill and are members of the same trade union, Max is paid higher than Eli because Max works in an area with high crime rate while Eli's area has a low crime rate. Thus, Max higher is expected because the cost of living is higher in a city and also due to higher crime rates which means he's likely to work mire than Eli.
Answer:
a.
The money that we will have in account is $51156.41
b.
The money that we will have in account is $318808.31
Explanation:
a.
The deposits made in the account represent an annuity pattern as the deposits made are of a constant amount, are made after equal interval of time and are for a defined time period. Thus, to calculate the value of money that we will have after 19 years, we will use the formula for the future value of annuity.
The formula for the future value of annuity is attached.
FV = 1100 * [ (1+0.091)^19 - 1 / 0.091 ]
FV = $51156.41178
b.
The same formula for the future value of annuity will be used and we will change n from 19 to 38.
FV = 1100 * [ (1+0.091)^38 - 1 / 0.091 ]
FV = $318808.3149
