Answer: (1) Equilibrium price = 60 and Equilibrium quantity = 120, when I = $1500.
(2) Equilibrium price = 54 and Equilibrium quantity = 108, when I = $1200.
Explanation:
(1) When Average income (I) = $1500
At equilibrium, QD = QS
150 - 3p + 0.1I = 2p
150 - 3p + 0.1 × 1500 = 2p
5p = 300
p = 
p = 60
q = 2p ⇒ 2 × 60 = 120
Hence, p and q are equilibrium price and equilibrium quantity, respectively.
(2) If 20% income tax is introduced then Average income (I) = $1500 - 20% of $1500 ⇒ $1500 - $300 = $1200
At equilibrium, QD = QS
150 - 3p + 0.1I = 2p
150 - 3p + 0.1 × 1200 = 2p
5p = 270
p = 
p = 54
q = 2p ⇒ 2 × 54 = 108
Hence, p and q are equilibrium price and equilibrium quantity, respectively.
Jill is the <u>"defendant".</u>
A defendant is a man blamed for carrying out a wrongdoing in criminal arraignment or a man against whom some kind of common alleviation is being looked for in a common case.
In a criminal trial, a defendant is a man denounced (charged) of carrying out an offense (a wrongdoing; a demonstration characterized as culpable under criminal law). The other party to a criminal preliminary is normally an open prosecutor, however in a few jurisdictions, private indictments are permitted.
Answer:
These factors include different parameters of financial result
Explanation:
It is general belief that management's reliance on measures such as profit or return on capital lead to short-termism. This is a common management oversight in using financial results as a parameter of success at an accounting based performance management. Therefore, it is believed that this approach could be adjusted with the usage of non-financial parameters of result. Time horizon's frequency determination is a necessity when we discuss monitoring of project performances. Completion of project involves three phases:
- initial
- progress
- closure
Parameters like ROI, RI, EVA and ROS all evaluate one period of time, but may be adapted to track multiple time periods
Answer:
Causal
Explanation:
An independent grocer who wants to know if cocktail and tartar sauce would sell better if the two products were moved from the salad dressing section of the store to a display next to the seafood selection would most likely use causal research. Causal research is also known as explanatory research, where we investigate the nature and extent of cause and effect relationship between certain variables. We try to evaluate the effect of one variable on another variable as it has been seen in this given scenario. In this type of research, we focus to evaluate a situation or particular issue and problem under a controlled settings and environment and explain the relationship between the different variables involved in that issue or problem
