Economic systems must answer the three economic questions because resources are scarce.

The profit, P, in dollars for manufacturing n units of a certain product is given by the formula P = 3n2 - 90n - 720. (Assume th

sesenic [268]

Answer:

$n=40$

Explanation:

We want to know the value of $n$ when $P=480$

$P=3n^2-90n-720\\480=3n^2-90n-720\\3n^2-90n-720-480=0\\3n^2-90n-1200=0\\3(n^2-30n-400)=0\\n^2-30n-400=0$

From here, we can find the factors of the quadratic equation, we need two numbers that multiplied give -400 and added -30. Since they are factors of 400, we can choose -20x20 or -40x10. When adding -20 and 20 the result is zero, but the sum of -40 and 10 is -30. Then:

$n^2-30n-400=0\\(n-40)(n+10)=0\\$

The solutions of the quadratic equation are $n-40=0$ and $n+10=0$ :

$n_1=40\\n_2=-10$

Since $n$ is a positive integer:

$n=40$

5 0

3 years ago

Which of the following choices concerning the recognition of interest income for corporate bondare CORRECT?

kumpel [21]

Answer:

The correct answers are letters "A", "B", and "C".

Explanation:

Corporate bonds are securities that firm issues to be sold to investors to raise funds that will be using to keep the company up and running. Investors profit from the interest rate dealt in the bond agreement or sometimes they obtain physical assets of the organization as collateral. If in the secondary market bonds are issued at a premium, the premium can be amortized or applied to the bond base but if the bonds were issued at a discount, discount bond rules take into place. The interest payment received thanks to the bonds are recorded in the gross income.

7 0

4 years ago

Each team in the league can spend a maximum of $33 million per year on salaries. If the Whalers have 45 players and the average

finlep [7]

Answer:

The correct answer is (B)

Explanation:

Each team in the league has a limit of $33 million every year on compensations, and they have 45 players with a pay of $700,000. Firstly, we need to find the total salary of 45 players.

$700,000 * 45 = $31,500,000 is the total salary of 45 players

$33,000,000- $31,500,000 = $1,500,000

According to the results, , the sum that they have left under the Cap is $1,500,000.

6 0

3 years ago

Suppose you observe the following exchange rates: €1 = $.85; £1 = $1.60; and €2.00 = £1.00. Starting with $1,000,000, how can yo

IrinaVladis [17]

Answer:

i'll answer it after 15 years see you then

Explanation:

5 0

3 years ago

Consider two markets the market for motorcycle and the market for pancakes the initial equilbrium for both market is the same th

Sergio [31]

To calculate the midpoint elasticity, simply use the midpoint formula: {(Q1-Q0)/ [(Q1+Q0)]/2} / {(P1-P0)/ [(P1+P0)]/2

Where P0 and Q0 are price and quantity at the initial moment and P1 and Q1 are price and quantity at the second moment.

Note: The prices are the same for both products and the initial quantity (Q0) as well. What changes is Q1.

pancakes market:

{(109-31) / [(109+31)/2] / {(11,75-5,50)/ [(11,75+5,5)]/2}

[ 78/ (140/2)] / [6,25/ (17,25/2)]

[78/70] / [6,25/8,65]

1,11/0,72 = 1,48 (elastic)

motorcycle market:

{(51-31) / [(51+31)/2] / {(11,75-5,50)/ [(11,75+5,5)]/2}

[ 20/ (82/2)] / [6,25/ (17,25/2)]

[20/41]/ [6,25/8,65]

0,48/0,72 = 0,66 (inelastic)

Conclusion: After the price increase, the quantities demanded for each product varied. The elasticity of demand for pancakes has proved elastic (very price sensitive) while the elasticity of demand for pancakes has been inelastic (not very sensitive to price changes).

Note: Demand elasticity is considered elastic when the value is greater than 1 and inelastic when less than 1.

5 0

3 years ago