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Anestetic [448]
2 years ago
11

On her way to a concert, Hermione stopped at a restaurant for dinner. In her purse, she had 12 bills worth a total of $40. She h

ad only $1 bills and $5 bills. How many $5 bills did Hermione have in her purse? 1 2 5 7.
Business
1 answer:
katovenus [111]2 years ago
3 0

The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.

The number of bills of $5 are seven, as Hermione also has at least one bill of $1.

<h3>Calculation of bills. </h3>

  • Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,

  • 40= 1+x

  • where <em>x </em>is the number of $5 bills

  • So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.

Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1  in her purse.

Learn more about bills here:

brainly.com/question/16405660

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Because it focuses on processes that transform data into useful information, structured analysis is called a(n) ____ technique.
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<span>Because it focuses on processes that transform data into useful information, structured analysis is called a Process centered technique
Process centered technique is a designing methodology that being done by company to determine the best possible User Interface to be provided for the customers</span>
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3 years ago
The controller of Sunland Industries has collected the following monthly expense data for use in analyzing the cost behavior of
Anastasy [175]

Answer:

Variable cost per unit= $7.2 per unit

Explanation:

Giving the following information:

Month Total Maintenance Costs Total Machine Hours

January: $2,590 - 330

February: $2,890 - 380

March: $3,490 - 530

April: $4,390 -  660

May: $3,090 - 530

June: $5,470 - 730

To calculate the variable cost under the high-low method, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (5,470 - 2,590) / (730 - 330)

Variable cost per unit= $7.2 per unit

6 0
3 years ago
Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:
larisa86 [58]

Answer:

b.both parties are made better off.

Explanation:

People voluntary to trade when they will better off after the trade. Since individual or nation has different proficiency and endowment resources, the ability to produce some product will be different for each country.

For example, German people are skillful of making beer. They have efficient production. Whereas France have expertise in making perfume. It is reasonable for German people to buy perfume from France since it is cheaper and has better quality than making it themselves. On the other hand, if french want to drink beer, it is cheaper to buy from Germany. Thus, both Germany and France will be better of after the trade.

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3 years ago
Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has
gayaneshka [121]

Answer:

The correct answer is d. risk aversion.

Explanation:

Risk aversion is an investor's preference for avoiding uncertainty in their financial investments.

Due to this attitude towards risk, this type of individuals directs their investment portfolio to safer financial assets even though they are less profitable.

The phenomenon of risk aversion implies by definition a certain level of risk rejection by a person who invests in financial markets. A person may face a risk aversion situation, be risk neutral or be risk prone.

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3 years ago
Karina knows that Friday, Saturday and Sunday performances are more popular than weekday performances. So her theater charges mo
Ivenika [448]

Karina is aware that performances on Friday, Saturday, and Sunday are more popular than those on weekdays. As a result, her theater charges a higher price for weekend tickets. This is an illustration of dynamic pricing.

<h3>What role does pricing policy play?</h3>

Pricing rules help businesses maintain profitability by allowing them to sell various products differently. Your company may value having a well-defined pricing policy so that it may make price adjustments rapidly and capitalize on the strengths of its products in one or more areas. After the product is manufactured, pricing is an essential decision-making factor. The price of a product determines its future, its acceptance to buyers, and its return and profitability. It is a competitive tool. The goal of pricing for every company is to set an acceptable price for consumers while also allowing the producer to survive in the market. Every company is at risk of being pushed out of the market due to fierce competition and changes in client preferences and taste.

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