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mr Goodwill [35]
3 years ago
12

An entrepreneur needs to raise $20,000 for improvements to her factory. She plans to contribute 60 percent of this sum from her

own personal savings. What amount will she need to generate from other sources?
Business
1 answer:
Karolina [17]3 years ago
8 0

Answer:

$8,000

Explanation:

The entrepreneur needs $20,000. She can raise 60% from savings. It means she needs to generate 40% from other sources.

40% of $20,000 is

=40/100 x $20,000

=0.4 x $20,000

=$8,000

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Answer:

1. buy more salads and fewer sandwiches.

Explanation:

As we know that

\textup{MU}_{S}=\textup{Marginal utility of Sadwitches}

\textup{MU}_{SA}=\textup{Marginal utility of Salad}

\textup{P}_{S}=\textup{Price of Sanswithches}

\textup{P}_{SA}=\textup{Price of Salads}

Therefore

\frac{MU_{S}}{MU_{SA}}=\frac{P_{S}}{P_{SA}}

\frac{MU_{S}}{MU_{SA}}=\frac{\$40}{\$40}=1

Now the price ratio is

\frac{P_{S}}{P_{SA}}=\frac{\$3}{\$2}=1.5

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Salad should need just the reverse. You raise salad intake so the MU reduces. Therefore you have to eat more salads and less chicken sandwiches to maximise the utility. So, salad is replaced by sandwiches for chicken.

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Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one
prohojiy [21]
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You have been hired as a consultant to Freedom Inc. a consumer-focused financial institution intending to enter the Ghanaian mar
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The term scrum turned into selected by the paper's authors because it emphasizes teamwork.

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