Answer:
- <u><em>To maximize the purchasing power of his income, Juand should accept the offert of Atlanta, GA.</em></u>
Explanation:
To answer this question you need the <em>comparative costs of living</em> in each of the trhee cities.
In a similar question, you can find the <em>cost of iiving indexes</em> for <em>Atlanta, Boston,</em> and <em>San Francisco</em>. Here is the table:
<em />
<em> Cost of living index</em>
<em>City (100 = U.S. City average)</em>
<em>Atlanta, GA 98</em>
<em>Boston, MA 160</em>
<em>San Francisco, CA 245</em>
Thus, to determine which offer <em>Juan should accept to maximize the purchasing power of his income</em>, divide each income by the cost of living index.
<u>Atlanta, GA:</u>
<u />
<u>Boston, MA</u>
<u>San Francisco, CA</u>
Rank the adjusted earnings in decreasing order:
- $510.20 > $437.50 > $407.16
Hence, in spite of the nominal earnings in Atlanta are the lowest, the higher cost of living indexes of the other cities, make that the offer from Atlanta the best one.
Answer:
Could outliers be affecting the relationship?
Explanation:
In most practical circumstances an <u>influence outlier</u> decreases <u>the value of a correlation coefficient and weakens the regression relationship, </u>but it's also possible that in some circumstances an outlier may increase a correlation value and improve regression.
<u>Notice that in the scenario it is mentioned that ''he notices that one student has a visual digit span that is twice as long as anyone else.'' , this will raise the question as to ''what is increasing the value of the correlation coefficient (the span) between the 'digits the students hear' AND 'the digits the student read'</u>
<u />
Answer: c.disruptive
Explanation: A disruptive Innovation is one that leverages new technologies to attack existing markets from the bottom up (existing market/new technology).
Explanation:
The government may also adjust spending, tax rates, or introduce tax incentives. ... As a result, these elected members of the government have a great deal of influence on the economy. Fiscal and monetary policies are intended to either slow down or ramp up the speed of the economy's rate of growth
Answer:
a) Jacob will earn $600000. 5/6 of his annual salary will be economic rent.
b) The advertising company will not be able to make an economic profit because if they withhold some additional revenue made because of hiring person J, then person J will switch to another advertising company at a higher salary and that company keep on making profits. The company should bid for Person J until firms are indifferent between paying him $600,000 or hiring someone else for $100,000. Thus, the bidding of person J will continue until the salary of person J has bid up to a level where no company can make economic profits.
Explanation:
See the attached pictures for explanation.