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OleMash [197]
2 years ago
5

Corey wants to predict how much time a run will take based on the distance of the run. He collected some data on the time (in mi

nutes) and distance (in kilometers) of some of his previous runs. His data is summarized in the table below.
Distance (km) 111 222 333 444 555 666
Time (minutes) 5.15.15, point, 1 11.811.811, point, 8 17.717.717, point, 7 25.225.225, point, 2 33.033.033, point, 0 41.941.941, point, 9
All of the scatter plots below display the data correctly, but which one of them displays the data best?
By convention, a good scatter plot uses a reasonable scale on both axes and puts the explanatory variable on the xxx-axis.
Choose 1 answer:
Choose 1 answer:

(Choice A, Checked)
A
Graph A

(Choice B)
B
Graph B

(Choice C)
C
Graph C

(Choice D)
D
Graph D
Graph A provides Time, in minutes, from 0 to 150, in increments of 50, on the y-axis, versus Distance, in kilometers, from 0 to 20, in increments of 5 on the x-axis. 6 points rise diagonally between (1, 5) and (6, 42). All values estimated.
~~~ space, space, space
Graph B provides Distance, in kilometers, from 0 to 20, in increments of 5, on the y-axis, versus Time, in minutes, from 0 to 150, in increments of 50, on the x-axis. 6 points rise diagonally between (5, 1) and (42, 6). All values estimated.
Graph C provides Time, in minutes, from 0 to 50, in increments of 5, on the y-axis, versus Distance, in kilometers, from 0 to 6, in increments of 1, on the x-axis. 6 points rise diagonally between (1, 5) and (6, 42). All values estimated.
~~ space, space
Graph D provides Distance, in kilometers, from 0 to 6, in increments of 1, on the y-axis, versus Time, in minutes, from 0 to 50, in increments of 5, on the x-axis. 6 points rise diagonally between (5, 1) and (42, 6). All values estimated.
Business
1 answer:
Rudiy272 years ago
7 0

Answer Answer Answer C.

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If the inverse demand function is:
Vesnalui [34]

Answer:

-0.136 and $528

Explanation:

Given that

p = 50 - 0.5Q

where,

Q = 88

So, p equals to

= 50 - 0.5 × 88

= 50 - 44

= $6  

As it is mentioned that

p = 50 - 0.5Q

0.5Q = 50 - p

Q = 100 - 2p

And we know that

Price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage Change in price

So,

= -2 × (6 ÷ 88)

= -0.136

And, the revenue is

= Price × Quantity

= $6 × 88

= $528

8 0
3 years ago
2-a. Refer to the original data. How much will net operating income increase (decrease) per month if the company uses higher-qua
Vadim26 [7]

The original data is :

Data for Hermann Corporation

                                          Per unit     Percent of sales

Selling price                         $ 75              100%

Variable expenses                  51                 68

Contribution margin             $ 24               32%

The fixed expenses are $ 75,000 per month and the company is selling 4000 units per month.

Solution :

                                                     Present             Proposed

Sales                                             300000            375000

Less : Variable cost                      204000           275000

Contribution margin                     96000               100000

Less : Fixed expenses             <u>    75000     </u>      <u>     75000    </u>

Net income                                   21000                25000

The net operating income :      Increases          4000

Net operating income = increased sales Net income - current sales net income.

Therefore the higher quality component should be used.                                                            

8 0
2 years ago
Monetary Policy in Flosserland: In Flosserland, the Department of Finance is responsible for monetary policy. Flosserland has ha
evablogger [386]

Answer:

The correct answer is d) neither the long-run Phillips curve nor the Classical dichotomy.

Explanation:

The answer that best suits the situation described is the Phillips curve in the short term but not in the long term.

The Phillips curve starts from the principle that the amount of money circulating (commonly called "money supply") has real effects on the economy in the short term. In this way, an increase in the money supply would have a beneficial effect on aggregate demand, as citizens will spend more when their nominal wages are increased (known as “monetary illusion”) and a more favorable framework for investment and investment will be created. that the prospects of rising prices will improve the expectations of corporate profits. The improvement in aggregate demand would result in greater economic growth, and this in turn in the creation of new jobs. This is how an inverse relationship between inflation and unemployment is established, expressed graphically by a downward curve.

3 0
3 years ago
Sundance Systems has the following transactions during July.
inn [45]

Answer:

Jul-05 Dr Inventory $118,800

Cr Accounts Payable $118,800

Jul-08 Dr Accounts Payable $5,400

Cr Inventory $ 5,400

Jul-13 Dr Accounts Payable $ 113,400

Cr Cash $108,864

Cr Inventory $4,536

Jul-28 Dr Accounts receivables $ 134,400

Cr Sales revenue $ 134,400

Jul-28 Dr Cost of Goods Sold $108,864

Cr Inventory $108,864

Explanation:

Preparation of the journal entry to Record the transactions of Sundance systems, assuming the company uses a perpetual inventory system

Jul-05 Dr Inventory $118,800

Cr Accounts Payable $118,800

(44 LCDs x $2700)

(Being to record inventory purchased on account)

Jul-08 Dr Accounts Payable $5,400

Cr Inventory $ 5,400

(2 LCDs x $2700)

(Being to record inventory returned that were defective)

Jul-13 Dr Accounts Payable $ 113,400

(42 LCDs x $ 2700)

Cr Cash $108,864

($ 113,400-$4,536)

Cr Inventory $ 4,536

(42 LCDS x $ 2700 x 4%)

(Being to record Amount paid within discount term of 10 days)

Jul-28 Dr Accounts receivables $ 134,400

[42 LCDs x $ 3200]

Cr Sales revenue $ 134,400

(Being to record Inventory sold)

Jul-28 Dr Cost of Goods Sold $108,864

(42 LCDS x $ 2700 x 96%)

Cr Inventory $108,864

(Being to record Cost of inventory sold adjusted)

4 0
2 years ago
The preferred method for situations involving strategic decision making, projects with a high degree of
Nataly_w [17]
I Found the answer on internet.

The preferred method for situations involving strategic decision making, projects with a high degree of UNCERTAINTY AND PROJECTS WITH AN UNSTOPPABLE SCOPE IS THE TOP-DOWN APPROACH. TOP DOWN APPROACH IS USED TO ESTIMATE PROJECT TIME AND COSTS.
5 0
3 years ago
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