<span>You would first need to determine the increase in the number of customer served each year, inferred by the number of customers served in 2014 less the customers served in 2012, divided by 2 to determine single year growth. This gives us:
(28,400 - 27,000) /2 = 700
There is a growth of 700 customers /year. Next, formulate the linear model with this information:
yy = 700xx + 27,000
where xx is (model year - 2012). Therefore, the number of customers in the year 2020 would be:
yy = 700xx + 27,000
yy = (700 * (2020 - 2012)) + 27,000
yy = (700 * 8) + 27,000
yy = 5,600 * 27,000 = 32,600 customers served in 2020</span>
Government purchases include government spending on the following:
- Infrastructure projects
- Paying the civil service and public service employees
- Buying office software and equipment
- Maintaining public buildings.
<h3>What is government spending?</h3>
Government spending is classified as follows:
- Mandatory spending
- Discretionary spending
- Payment of interest on debts.
Thus, government purchases include government spending for the <u>purchase of goods and services</u>.
Learn more about government spending at brainly.com/question/25125137
Answer:
d. money a company shares with the stockholders
Explanation:
A dividend is money a company shares with the stockholders.
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The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward
<h3>What is meant by marginal revenue?</h3>
The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.
An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.
Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.
To learn more about marginal revenue refer to:
brainly.com/question/13444663
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