Consider the following two lines: X = 200 - 2Y X = 20Y - 20 Which of the following (X,Y) pairs represents the intersection of the two given lines? a. (180,10) b. (10,180) (200 0)
Q: Use the following matrices to compute A + B. 0 1 -1 A = B = 8 1 11 6 -8 3 -1 A+B =
A: Part A Given InfomationA = 01-1116 B = 810-83-1Part B Given Information-13-1312-14-13-5 -…
Q: Define isthmus
A: An isthmus can be defined as a narrow piece of land that connects two larger areas of land and…
Q: Determine the following integral, using substitution method .Check the answer on you Dwn 18 x (x+…
A: Problem can be solved by simplifying problem and then integrating.
Q: Find the least squares line and use it to estimate y for the indicated value of x 6 12 18 24 11 23…
A: Equation of a least-square line : y=B0+B1x B0=Intercept B1=Slope coefficient First, we find out…
Q: In a straight line, the value of the slope differs in different points in the line. True False
A: The slope shows the steepness and direction of the line. It measures where the line is tilted, flat…
Q: Consider the following system of equations: -2x+3y=-3 and 3x-4y=5 Find the determinant A*
A: Equation 1: -2x+3y=-3 Equation 2: 3x-4y=5
Q: Oregon Fiber Board makes roof liners for the automotiveindustry. The manufacturing manager is…
A: Correlation is a tool used by different economists and econometricians to calculate and watch the…
Q: Obtain the second derivative of the function: y = 2 – 5x4 + 3/2x2
A: Differentiate y with respect to x and then to find second derivative, differentiate dy/dx with…
Q: 4/ Find the extreme value(s) of the following function and check whether they or minima Z = f(x,y) =…
A: We are going to find the extreme values of the function to answer this question.
Q: Find the point (x,y) that solves the following problem: 1 1 и (х, у) — — In x + - In y s.t. PxХ +…
A: The consumer is in equilibrium when marginal rate of substitution (Slope of indifference curve) is…
Q: Q TC AVC AFC MC 10 200 Y 20 7 X Refer to the table. What is the value of the variable Y? a. $200 b.…
A: Q TC AVC AFC MC 0 - 10 200 Y 20 7 X 6 6) MC=change in TCchange in…
Q: According to the following given information how to determine: Production 1 2 3 4 5 6 7 8 9 10 11 12…
A: Introduction We have given data of a product Z. Product Z has produced 1 to 15 months as units of…
Q: The shape of rectangular hyperbola is made by
A: To find : How is shape of rectangular hyperbola made
Q: Find f'(x). 4 f(x) = 2x° (x* - 2) f'(x) = D %3D
A: Given: fx=2x5x4-2
Q: x3 = 0.75 * x1 +0.25 * x₂ Which of the points on the x-axis, C or D, represents this point?A A…
A: There are 4points on x axix which are X1 , C , D , X2 . And on Y axix B , F , A , E . And the…
Q: Draw The new line should intersect the D1 and S1 lines and have a height greater than 50 as measured…
A: A price floor is a price control instrument established by the government in a market to protect…
Q: If a scatter diagram shows a negative relation then, in general, as O x increases, y increases O y…
A: Answer: C ( x increases, y decreases) Explanation: A negative relationship between two variables x…
Q: 2) Solve the following equations for X without using logarithms Za) 22x = 16 - 27 *-X - 2 2 2c) In
A: 2a) 22x=16 16 can be written in exponent form with base 2 : 24 22x=24 One of the rule of exponents…
Q: Check for Understanding: Numerical Congruence ABUG = APET. The perimeter of APET is 50 inches. If…
A: If the sides be a, b and c, then Perimeter = a + b + c 50 = 38 + c [since the triangles are…
Q: Suppose 1,391 people bought popsicles on a hot summer day. If the average number of popsicles that…
A: Suppose 1,391 people bought popsicles on a hot summer day.
Q: Examine the product of the two matrices to determine if each is the inverse of the other. 1 - 1 1 -…
A: The product of a matrix with its inverse is equal to the identity matrix. A×A-1=I
Q: Construct a table from the data shown on the graph below. Which is the dependent variable and which…
A: The independent variable is the one that changes and can have a direct effect on the dependent…
Q: Solve the following LPP Max Z = 8 X1 + 10 X2 + 12 X3 X1 + X2> = 22 X1 - X2 = N - 24 X2, Where N…
A: Answer - Need to find - Values of variable using graphical method Given in the quetion- Maz z = 8x1…
Q: how close to -6 we have to take x so that 1/ (x+6)2 > 100 ??
A: Given inequality is:
Q: Find an equation in point-slope y - y, = m(x-x,) for the line through the given points. -X. (- 3, –…
A: Answer: Given, Two points: (-3, -3) and (2, 7)…
Q: $1,900 D $1,000; $1,000 $1,200: $1,000 $1,000; $1,200 $1,000 $1,800 g the data given in the table…
A: WHAT IS GDP DEFLATOR? GDP Deflator is also called as GDP Price Deflator or Implicit Price Deflator.…
Q: Suppose the following equation describes the relationship between the average number of classes…
A: As we know the that a function has two variables one is Independent variable and another one is…
Q: Speculative markets are markets that buy and use the materials purchased in the production of other…
A: Speculation is done where price is very volatile and are highly frequent. It helps by absorbing…
Q: $1 and Px. $2. How 4-11. Consider the production function Y X}" X". Px. many units of X, and X,…
A: A production function translates a set of inputs into a collection of outputs.In other words, it…
Q: Use the information in the following table to do exercises 8-15: Y $100 $300 $500 $700 C $120 $300 1…
A: Real GDP is the value of final goods and services produced in the economy within a given period of…
Q: Find f'(x). X* + 2 f(x) = 7x - 6 f'(x) = D
A: In economics, the derivatives are used for many purposes. Mathematical methods for economics is the…
Q: Suppose that in the country of Sudland, when the yearly rate of economic growth fell from 3.0% to…
A: The economy experiences economic growth to fall from 3 percent to 1.5 percent. This means that the…
Q: 1 1 a) Let A = 1 -1 -1 1 (i) Compute the value of det(A). (ii) For what values of x will the matrix…
A: A= x111x-1-11x The value of det(A) ,
Q: x-3 (1) For the function f(x)=- evaluate and simplify the following: 4- 2x? ' (i) ƒ(-1) (ii) f(2a-b)
A: Since all are different questions, we will solve the first one only. Please resubmit the other…
Q: Use graphical method to solve the following LPP: Maximise Z = x+ 4y Subject to the constraints: x +…
A:
Q: Graph the function C=50+0.8Y and give economic interpretations of the elements of the equation.
A: The consumption function refers to the equation that represents the relationship between gross…
Q: . All the following curves are U- shaped except
A: To find : Which are not u shaped curve.
Q: Find the following: (a) ∫16x-3 dx ( x ≠ 0) (b) ∫ 9x8 dx
A: Integration is used in order to measure the continuous version of summing.
Q: Using first order conditions find the stationary values of the following (check whether they are…
A: The points of the functions that offer the largest and minimum range are known as relative maxima…
Q: According to the following given information how to determine: Production 1 2 3 4 5 6 7 8 9 10 11 12…
A: Introduction We have given data of a product Z. Product Z has produced 1 to 15 months as units of…
Q: dy If y = (In x + 1)(2x³ – 3x), then will be %3| dx A. (In x + 1)(6x? – 3) + (2x³ – 3x)(÷ +1) В.…
A: To differentiate the function, product rule is applied where (lnx+1) is one function and (2x3-3x) is…
Q: The slope of IC, from A to F is: Good X 10 -IC1 8 ICZ 10 12 Good Y 00
A: Indifference curve shows different combinations of two goods that gives the consumer same level of…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- edian household incomes tend to increase from one year to the next. In 2019, the median household income was $64,101 in Madison, Wisconsin, and $42,087 in Milwaukee. In 2020, the median household incomes were $66,847 in Madison and $44,192 in Milwaukee. Find the absolute and relative changes for median household incomes in Madison and Milwaukee from 2019 to 2020. Give any percentage values rounded to the nearest tenth of a percent and dollar values to the nearest whole dollar amount. (a) From 2019 to 2020, the absolute change for median household income in Madison was$ . (b) From 2019 to 2020, the relative change for median household income in Madison was %. (c) From 2019 to 2020, the absolute change for median household income in Milwaukee was$ . (d) From 2019 to 2020, the relative change for median household income in Milwaukee was %. Use the "Add Work" button to show your work and thought process for these calculations. You may typeQ: Determine whether the following statemnts are true or false: a) If the firm increases the volume of used resources by 30%, and the volume of production thus increases by 20%, then there is a positive effect of the production scale. b) Average fixed costs decrease as production increases. c) The economic profit usually exceeds the accounting profit.It is known that the ABC oil company supplies consumers with 150 tons of products per day. The company produces only two types of products - gasoline and diesel fuel. The limiting transformation ratio of diesel fuel relative to gasoline is 0.5. a) Draw a line of the company's monthly production capacity for gasoline and diesel. b) With the advent of new technologies, production increased by 20%, and the availability of gasoline increased by 30%. Explain how the company's new product line differs from the previous one. c) If we put the gasoline production on the X-axis of the graph, what percentage of the slope capacity of the production line is different from the slope ratio of the previous production line?
- True or false In technical analysis the larger the number of days used in a moving average, the less smoothing of prices will occur When the dollar weakens, a sale made overseas in a foreign currency translates into more dollars back home. In technical analysis the larger the number of days used in a moving average, the less smoothing of prices will occurThe market research department at a manufacturing plant determines that 30% of the people who purchase the plant's product during any month will not purchase it the next month. On the other hand, 40% of the people who do not purchase the product during any month will purchase it the next month. In a population of 1000 people, 200 people purchased the product this month. How many will purchase the product next month and in 2 months? (a) next month___?___ people (b) in 2 months __?___ peopleAsap plz 15) International firms will invest in less developed countries at the beginning of their production life cycle, but as production is standardized and sold mainly on prices, they shift production to developed countries.Select one:O TrueO False
- Suppose an economy produces only 2 products that will also be used for directconsumption, as per the article at the end of the exam: chicken wings and donuts. Inthe second quarter of 2021 (the base period), 180,000 pounds of chicken wings wereproduced, at a value of $3.50 per pound, while in the second quarter of 2022,production of chicken wings increased to 200,000 pounds, at a value of $3.75 perpound. In the second quarter of 2021 (the base period), 85,000 donuts were producedat a value of $0.85 per donut, while in the second quarter of 2022, donut productionincreased to 100,000 donuts, each at a value of $0.95 per donut. The population inthis economy is 1000 individuals in 2022, while the number of hours worked in 2022is 5000. Also, the quantities that were produced in 2021 represent the quantities thatwere purchased by the typical household, meaning that everything that was producedwas sold.d. Solve for the amount of labor productivity in the second quarter of 2022.e. Solve for the…The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $4.5 million. If it would cost $3 million to finish development and make the product, youshould not This element is required for firefox to correctly compute the size of the hitarea. If it is removed, the size of hitarea element will change when the dropdown is displayed, causing the line to wrap differently. go ahead and do so. The most you should pay to complete development isQ4 A business manager determines that t months after production begins on a new product, the number of units produced will be P thousand,where P(t) =6?2 + 5? /(? + 1)2 production in the long run (i) A ruptured pipe in a North Sea oil rig produces a circular oil slick that is y meters thick at a distance x meters from the rupture.Turbulence makes it difficult to directly measure the thickness of the slick at the source (where x = 0),but for x > 0,it is found that y =0.5(x2 + 3x)/ x3 + x2 + 4x Required:a)Assuming the oil slick is continuously distributed,how thick would you expect it to be at the source?
- The demand function for apples is the following. Qn = 10 – Pn + 0.2Y +0.5 Pc – 2Ps + 0.2A Where: Qn = annual sales of apples (millions of kilos) Pn = price of apples (£1 per kilo) Y = disposable income in the UK £trillions (£10 trillions) Pc = price of a pies £ per kilo (£2 per kilo) Ps = price of pear (£2 per kilo) A = advertising measured in hundreds of thousands of £5 (use as 5 in your calculations) What is the own price elasticity of demand and what kind of product apple is? a. -1/9, inelastic. b. 1/9, inelastic. c. -2, inelastic. d. -0.5, elastic. e. All the other answers are wrong.Suppose that the production function is given by Y=AK0.4N0.6. What is the percentage change in output if TFP declines by 12%? Write the answer in percent terms with up to two decimals (e.g., 10.22 for 10.22%, or 2.33 for 2.33%).The price of crude oil during the period 2000-2010 can be approximated by P(t) = 6t + 18 dollars per barrel (0 ≤ t ≤ 10) in year t, where t = 0 represents 2000. Saudi Arabia's crude oil production over the same period can be approximated by Q(t) = −0.036t2 + 0.62t + 8 million barrels per day (0 ≤ t ≤ 10). † Use these models to estimate Saudi Arabia's daily oil revenue and also its rate of change in 2008. (Round your answers to the nearest $1 million.) daily oil revenue $ million rate of change in 2008 $ million/yr