A government that works by strictly regulating the production of goods and services in a country is known as a C. Command economy.
Command economies have attributes such as:
- The central government has a monopoly on the production of all goods and services
- The central government allocates resources as it sees fit to produce
- The central government has an economic plan that everyone must follow
In Econland, the government decides the amount of goods produced by industries which means that the central government has a monopoly on the production of goods and services which makes it a command economy.
In conclusion, Econland is a command economy where the government controls production.
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So for this, we will be using the exponential equation formula, which is y=ab^x, with a = initial value and b = growth/decay. Since the value is increasing, you would add 1 and 0.02(2% in decimal form) together to get 1.02, which will be the b variable. And since we are starting in 2005 with $8 and trying to figure out the value in 2011, 8 will be the a variable and 6 will be the x variable (2011-2005=6)
With this info, our equation will be: y = 8(1.02)^6
Firstly, solve 1.02^6: y = 8(1.12616242)
Next, multiply and your answer will be (rounded to the hundreths): y = $9.01
For your 4 question option b
Answer:
The ordered pairs are;
A(3, 4), B(-3, 2), C(-2, -4), D(6, -3), and E(0, 0)
Step-by-step explanation:
An ordered pair is the coordinate definition of a point on a coordinate plane that gives the x and y values of the coordinate of the point within parenthesis separated by a comma
An ordered pair provides a visual designation of points located on a Cartesian plane.
Answer:
(x -11) * t + 1067
Step-by-step explanation:
We know that in her tutoring job she earns x amount of money and how waitress earns $ 11 / hour.
They give us the combined number of hours that he works with all the jobs, which is 97, but from here we can say that in the time that he does NOT work as a tutor it is actually 97 - t.
Total earned this month = x * t + 11 * (97 -t)
Total earned this month = x * t + 1067 - 11 * t = (x -11) * t + 1067