The answer is A. Vocational Schools
At a price of $0.50, the amount of cups of lemonade that Caroline and Emily sell when the temperature is 60 degrees than when the temperature is 80 degrees is <u>-</u><u>1</u><u>5</u>.
50 - 80 = -30
= -30 * 0.5
= - 15
<h3>How does one arrive at the answer?</h3>
This is an instance of demand curve shift which refers to key changes in the balance of supply and demand that alter the quantity demanded at the same price. Hence, the shift in the quantity demanded will affect the amount of cups of lemonade that is sold.
Sometimes questions that involve graphs will ask you to consider the effect of a changing factor or factors. Problem statement: the line labeled D1 in the graph to the right shows the number of cups of lemonade that Caroline and Emily can sell at their lemonade stand at various prices.
Caroline and Emily have noticed that they sell more lemonade when it's hotter. Click anywhere on the graph to open a window with a control labeled Temperature. If you use the slider to change the temperature, the line will shift. Change the temperature from 80 degrees to 50 degrees.
At a price of $0.50, the amount of cups of lemonade that Caroline and Emily sell when the temperature is 60 degrees than when the temperature is 80 degrees is<u> -15</u>.
Therefore, the correct answer is as given above
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Answer:
11.14%
Explanation:
Blume's formula is used to combine both arithmetic and geometric returns. This is because using arithmetic growth rate exclusively would be overly optimistic for longer time horizons and on the other hand, using geometric growth rates exclusively would be overly pessimistic for short time horizons.
Using the attached formula, plug in the given numbers;
R(T) would be the sale growth rate we need to calculate.
R(T) =
R(T) =0.0257 + 0.0857
R(T) = 0.1114 as a decimal
Therefore, the forecast sales growth would be 11.14%
Answer:
Because economists believe that people pursue their best interests
Explanation:
- The word economy is derived from the Greek word meaning household and which is an area of production and distribution The role of an economist is to analysis and monitor trends and develop forecasts analysis data and develop economic policies.
- As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.