Answer:
He can buy both 3 ( number of ) Products A and B .
Explanation:
Suppose the no of product A bought is x and the number of product B purchased is y .
Then Total Cost would be 4x+ 5y= 27 ----eq 1
As he wants to buy both products he can divide the money equally
1:1.
As the individual cost would be $4 + $5 = $ 9
Putting symbols for cost x+ y= 9----- eq 2
Dividing the total cost by the individual cost would give ( eq1 by eq2)
4x+ 5y/ x+ y= 27/9
4x+ 5y/ x+y= 3
4x + 5y= 3(x+y)
but as 4x + 5y = 27 ( already given)
27= 3 ( x+y)
Meaning 3 number of both products can be purchased.
Check .
4(3) + 5(3)= 27
$ 12+ $ 15= $27
Answer:
This is in accordance with the EEOC regulations relating to discrimination based on <u>Disability </u>
Answer:
The answer is: B) best efforts approach
Explanation:
To understand the best efforts approach we should about our PE coach that always insisted that the important thing was to give our best and off course it was better if we won, but if we didn't at least we tried real hard.
In this case the best efforts includes a legal contract between Ecclestone and their investment bank by which the bank agrees to do their best effort in selling the stocks at the highest possible price.
Answer:
Quantity demanded and sold expected to increased by 3.75 units.
Explanation:
Use Price elasticity of demand formula to calculate the quantity demanded and sold:
Price Elasticity of Demand = Change in the Quantity demanded / Chang in Price
- 1.5 = Change in the Quantity demanded / 17.50 - 20.00
- 1.5 = Change in the Quantity demanded / -2.50
-2.50 x -1.50 = Change in the Quantity demanded
Change in the Quantity demanded = 3.75
Quantity Demanded = 10 + 3.75 = 13.75
Answer: See explanation
Explanation:
Absolute advantage simply means when an economic entity such as individuals or the firms can produce a particular good more efficiently than others who produce similar good. In this case, a larger quantity is produced when compared to others.
Comparative advantage is when an economic agent can actually produce goods at an opportunity cost that's lower than the opportunity cost of its competitors. Due to this, such economic agent can sell its good at a cheaper price than others and therefore make more revenue.