Please help I don’t understand

If Andrea sells Dan a Wii gaming system for $150,

vovikov84 [41]

Answer:

The answer is: D) both Dan and Andrea will gain from the transaction.

Explanation:

Whenever a business transaction is done freely, not forcefully, by mutual consent and without any type of fraud being committed, then both parties win. Andrea should be happy with her $150 and she will be able to buy anything she wants or likes (in the price range). Dan should also be happy and start playing with his Wii as soon as possible so he can enjoy the most out of his new purchase.

The only reason why someone would lose in this transaction is that Andrea was forced to sell her Wii at a lower price than she thought. Or Dan was forced to buy the Wii at a higher price than he considered appropriate. Or Andrea stole the Wii from someone else, it really doesn´t work or anything else illegal about it.

4 0

4 years ago

The production function is f (L, M) = 5L1/2M1/2, where L is the number of units of labor and M is the number of machines. If the

Anton [14]

Answer:

The correct answer is option d.

Explanation:

The production function is given as:

f (L, M) = $5L^{1/2} M^{1/2}$

The total cost will be

= wL + rM

Here, w is the cost of labor or wages and r is the cost of capital or rent.

The cost of labor is given as $9 per unit and the cost of using machine is $64 per machine.

MPl

= $\frac{dQ}{dL}$

= $\frac{5}{2}\frac{M}{L}^{1/2}$

MPm

= $\frac{dQ}{dM}$

= $\frac{5}{2}\frac{L}{M}^{1/2}$

$\frac{MPl}{MPm} = \frac{9}{64}$

$\frac{M}{L} = \frac{9}{64}$

M = $\frac{9}{64}L$

f (L, M) = $5L^{1/2} M^{1/2}$

12 = $5L^{1/2} \frac{9}{64}L^{1/2}$

12 = $\frac{15L}{8}$

L = $\frac{96}{15}$

L = 6.4

M = $\frac{9}{64}\times 6.4$

M = 0.9

Total cost

= wL + rM

= 6.4 $\times$ 9 + 0.9 $\times$ 64

= 57.6 + 57.6

= $115.2

6 0

3 years ago

Question 1 The term accessibility refers to the design of products, devices, services, or environments for _______.

bearhunter [10]

The term accessibility refers to the design of products, devices, services, or environments for people who experience disabilities. This is further explained below.

<h3>What is accessibility ?</h3>

Generally, Products, tools, services, and settings that are accessible are those that are created with individuals with disabilities in mind.

In conclusion, Products, gadgets, services, and places that are accessible are those that are designed with individuals with disabilities in mind.