Last option, (-2,6) where the lines intercept / cross over each other.
Hope this helps!
Answer:
Maylin should purchase one unit of each socks & jogging shorts.
Step-by-step explanation:
In case of two goods, consumer is at equilibrium when marginal utility per dollar spent on last unit of the goods are equal, ie MU 1 / P1 = MU 2 / P2 (MU are the marginal utilities / marginal benefit of two goods, P are the price of two goods)
Given : MU1 (So) = 20, MU2 (JSh) = 30, P1 (So) = 10, P2 (JSh) = 15
So, equilibrium is at where MU1 (So) / P1 (So) = MU2 (JSh) / P2 (Jsh)
20/10 = 2, & 30/15 = 2. MU's per dollar are equal for both.
So Maylin is in equilibrium, she should purchase one unit of each socks & jogging shorts.
Grace can just fold the string in half, making two pieces. You collect both pieces and cut half of each string to create 4 pieces. This is essentially fractions.
Answer:
2.
Step-by-step explanation:
The reason I say this one is because that equation say p is greater than 48 that is why,
Answer:
Step-by-step explanation:
H0 : μ = 46300
H1 : μ > 46300
α = 0.05
df = n - 1 = 45 - 1 = 44
Critical value for a one tailed t-test(since population standard deviation is not given).
Tcritical = 1.30
The test statistic :(xbar - μ) ÷ (s/sqrt(n))
The test statistic, t= (47800-46300) ÷ (5600√45)
t = 1500
t = 1500 / 834.79871
t = 1.797
The decision region :
Reject H0: if t value > critical value
1. 797 > 1.30
Tvalue > critical value ; We reject H0
Hence, there is sufficient evidence to conclude that cost has increased.