Answer:
Bobby's economic profits for the day is $0.60.
Step-by-step explanation:
Bobby sells 20 glasses of lemonade for $0.20 per cup.
Amount earned =
dollars
The average total cost is $0.17.
So, difference in selling amount and average =
dollars
Therefore, Bobby's economic profits for the day is =
dollars
Hence, the answer is $0.60.
Answer:
take a picture and ill be able to help you
Step-by-step explanation:
Answer:
Direct or inverse relation between two variables
Step-by-step explanation:
Now, we first have to understand that what is correlation study. In a correlational study, we try to find the relation between two variables. For example, mass and weight of a substance. If mass increases the weight will increase as well. it represent that both have strong positive correlation. Now the positive sign indicates that the correlation is directly proportional. Means if one variable increases, other will follow. Whereas, negative sign shows that two variables are inversely proportional, means, if one increases, other will decrease. For example any demand and supply system in economics. When supply is short, demand will rise, but if there is enough supply, demand will fall down accordingly.
Also notify that the coefficient is actually indicates the strength of relation between two variables. For example, if you pour water in container it will increase the weight of container, so it is directly proportional, now if you start to add honey, it will increase the weight of container more rapidly because honey has more density. So, coefficient of correlation for quantity of honey and weight of container is stronger than for quantity of water and weight of container.
Answer:
B. (1/2, 3)
Step-by-step explanation:
It is perhaps easiest to try the point values in the equations.
A — 4·2+1 = 9; -2·2 +4 ≠9 . . . . not the answer
B — 4·1/2 +1 = 3; -2·(1/2) +4 = 3 . . . . this is the answer
we need go no further since we have the answer
2.72 is the shortened version.