Answer:
A function is a relation in which each element of the domain, or x-value, is mapped to one element of the range, or y-value.
The question we are asked is if cost is a function of the activity type. This means that cost would be the range and activity type would be the domain.
If this is a function, then each activity type would have only one cost. However, on different days of the week each activity type has different prices; this means there is more than one cost for each activity type, and it is not a function.
Answer:
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Step-by-step explanation:
Answer:
The amount of Kroner that can be bought from 1/5 of one dollar.
Step-by-step explanation:
We have been given that goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark. We are asked to find the the real exchange rate that would be computed as how many Danish goods per U.S. goods.
The real exchange rate tells us how much foreign currency can be exchanged for a unit of domestic currency.
It also tells us that how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.
Therefore, the real exchange rate would be the amount of Kroner that can be bought from 1/5 of one dollar.
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