The financial institution that generally charged the lowest rates on loans is

Our basketball team has finished $80\%$ of its season, during which we won $40\%$ of the games we played. What percent of the re

masya89 [10]

Answer:

90%

Explanation:

Let x be the total number of matches,

Given,

80% of games were finished,

So, the number of finished games = 80% of x = 0.8x

∴ Remained games= x - 0.8x = 0.2x

Now, 40% of 80% of games were won,

So, the winning games in 0.8x matches = 40% of 0.8x

= 0.4 × 0.8x

= 0.32x

In order to finish games with the same number of wins as losses,

Winning percentage in all games must be 50%,

Thus, the total winning games = 50% of x = 0.5x

Let y be the winning percentage in 0.2x games,

So, the total winning games in 0.2x games = $\frac{y\times 0.2x}{100}$

∵ Number of winning matches in 80% games + number of winning matches in 20% = total winning matches

⇒ $0.32x + \frac{0.2xy}{100}= 0.5x$

$\frac{0.2xy}{100}=0.18x$

$0.2y=18$

$\implies y=90$

Hence, the percent of winning the in the remaining games must be 90%.

6 0

4 years ago

the country of doomsville is currently in a recession. the government of doomsville, in an effort to maintain its tax revenues i

harina [27]

Answer:

This policy would likely make Doomsville's recession worse.

Explanation:

Hope this helps, Have a great morning/night! :D

6 0

3 years ago

Why is the shape of the production possibilities frontier (PPF) often curved instead of straight? The productive efficiency of a

Dmitry_Shevchenko [17]

Answer:

The correct answer is: Typically, some resources are better suited for producing one good than another, which means that there are diminishing returns when moving such resources away from producing what they are best suited for.

Explanation:

A production possibility curve shows the different combinations of two goods that can be produced using all the given resources. Since resources are scarce, to increase the production of one good we need to decrease production of the other.

But resources are specialized and cannot be perfectly substituted between their two uses. So as we go on increasing production of one good the opportunity cost of sacrificing its alternative goes on increasing.

Because of this increasing opportunity cost the shape of the frontier is downward sloping, bent outwards and concave to the origin.

4 0

3 years ago

If real GDP in a year was $3,900 billion and the price index was 130, then nominal GDP in that year was approximately

Eddi Din [679]

Answer:

$5,070 billion

Explanation:

Given the following:

The real GDP in a year => $3,900 billion

The price index => 130,

The nominal GDP is measured as

=> 100 -130 = 30%

=> 30% × 3,900 = 1,170

=> 1,179 + 3,900 = 5,070

Therefore, in this case, the correct answer is $5,070 billion as the nominal GDP for the year.

6 0

3 years ago

As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's

Galina-37 [17]

Answer:

She is guilty of Insider trading.

Explanation:

Insider trading is an illegal practice where a person indulges in trading activities for his own benefit with the help of confidential information.

In the above case, Simone took park in insiders trading because she had rights to some confidential information. She made use of that information towards her benefit and sold her shares before time.

I hope the answer was helpful.

3 0

3 years ago