Answer: See explanation
Explanation:
Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:
= $110,000 - (2% × $110,000)
= $110,000 - (0.02 × $110,000)
= $110,000 - $2200
= $107800
Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:
= $110,000 - (6% × $110,000)
= $110,000 - (0.06 × $110,000)
= $110,000 - $6600
= $103400
Answer and Explanation:
The cost of pizza production for Megan is 3 ÷ 5 root beer gallons.
And, Susan's pizza production potential cost is 1 ÷ 2 root beer gallons
Megan also gained an edge in pizza making as she only takes three hours, whereas Susan takes four hours on the other side.
And, susan's opportunity cost is lower than megan, which means that susan has the comparative advantage.
3 ÷ 5 root beer gallon may be better off.
And the cheaper price of 1 ÷ 2gallons of root beer could be better.
Answer:
The correct answer is c) neural network .
Explanation:
Neural networks (also known as connectionist systems) are a computational model vaguely inspired by the behavior observed in their biological counterpart. It consists of a set of units, called artificial neurons, connected to each other to transmit signals. The input information crosses the neural network (where it undergoes various operations) producing output values.
Each neuron is connected to others through links. In these links the output value of the previous neuron is multiplied by a weight value. These weights in the bonds can increase or inhibit the activation state of adjacent neurons. Similarly, at the exit of the neuron, there may be a limiting function or threshold, which modifies the result value or imposes a limit that must be exceeded before spreading to another neuron. This function is known as the activation function. Artificial neural networks (also known as connectionist systems) are a computational model vaguely inspired by the behavior observed in their biological counterpart. It consists of a set of units, called artificial neurons, connected to each other to transmit signals. The input information crosses the neural network (where it undergoes various operations) producing output values.
Answer:
Option (b) is correct.
Explanation:
At selling price = $1 and No. of units sold = 75 cookies,
Total revenue = selling price × No. of units sold
= $1 × 75 cookies
= $75
At selling price = $0.50 and No. of units sold = 200 cookies,
Total revenue = selling price × No. of units sold
= $0.50 × 200 cookies
= $100
Therefore, there is a rise in the total revenue from $75 to $100 and hence, price elasticity of demand for sugar cookies is elastic.
