Answer:
<u>1. Johann is looking to double the profits of his lemonade stand</u>
Explanation:
Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.
<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.
Answer:
B) More; even minor
Explanation:
Illiquid (or exotic) currencies are foreign currencies that are not generally traded in exchange markets. They trade at very low volumes and are usually extremely volatile since both the demand and supply is very limited. Since there are very few suppliers and consumers of exotic currencies, any additional transaction can result in large changes in their value.
Answer:
Explanation:
Linear Programming formulation:Total profit = 70X1 + 50X2= 170
Subject to:8X1 + 3X2 <= 14
10X1 + 6X2<= 22
X2<=15
X1>= 0
X2>=0
D. Resourcefulness; if you can pick more than one than also chose A. Confidence.
Answer:
I. easily convey the return for each dollar invested.
Explanation:
Percentage of returns is used to explain the return on an investment relative to the amount invested.
It can also be called a return on investment (ROI). Return on investements is always expressed as percentages or ration and is usually calculated with formula
ROI = <u> Current Value of Investment−Cost of Investment</u> × 100%
Cost of Investment
Cheers.
