Answer:
Option (C)
Explanation:
As per the data given in the question,
Price of salt increases by = 25%
Quantity of pepper demanded increases by = 4%
Cross price elasticity = Quantity of demand increases ÷ Price of salt increases
= 4% ÷ 25%
=0.16
Hence Cross-price elasticity of demand between salt and pepper would be positive.
So option (C) is answer
The standard deviation of sample equals: 11
Explanation:
Given:
variance of sample (
) = 121
no, of observations made = 441
standard deviation = ?
By using the formula:
Standard deviation (S) = 
= 
= 
= 11
Hence the standard deviation is equal to 11.
I believe the correct answer is option C. The best indication of a property's value comes from recently sold properties. A property's value would be higher when the place is a transportation access point and around it many infrastructure are present or it is a tourist spot.
Answer:
$73.58
Explanation:
Total cost of product = $120
Total cost of product = Cost of material + Direct labor + Overhead
Cost of material = (3 * direct labor) - $6
Overhead = ¾ of Direct labor
Total cost of product = 3DL - $6 + DL + ¾ of DL
$120 = 3DL - $6 + DL + 0.75 DL
$126 = 4.75 DL
Direct Labor = 126/4.75
Direct Labor = $26.53
Material cost = 3 * $26.53 - $6
Material cost = $73.58
