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- Kristen has 28 bags of mulch. Each bag will cover 3.75 square feet of ground. How many square feet will she be able to cover with the mulch she has?Monique has a flock of six chickens in her backyard that she initially bought for $6 each. Theflock currently lays 20 eggs per week, which Monique and her family consume at home, andher current cost of feed is $2 per week. Monique has a job that pays $8/hour with flexiblehours, but she is thinking of selling her chickens’ eggs to earn extra income. To start sellingeggs, she would need to increase production to 30 eggs per week. She can do this by increasingthe chickens’ feed to $3 per week and taking an hour off work each week to devote to chickenrearing. If the market price of her farm-fresh eggs is $1 per egg, what would be Monique’sweekly economic profits from selling her chickens’ eggs? (Select one.)(a) −$9: This is her revenue minus her accounting cost.(b) −$1: This is her revenue minus her production cost.(c) $0: Eggs are a constant-cost market so producers must earn 0 profits.(d) $1: This is her revenue minus her economic cost.(e) $7: This is her revenue minus her accounting…Julia was saving to buy a new iPad. She put $87 in the bank and three months later she had $97.87 in the account. What percent of the original amount did she have?
- On Oct 1, 2020, Ned started a new business customizing TV sets. He visited customers’ homes and installed colourful lighting that enhanced TV viewing. Soon, his friend Robert had the idea of prebuilding TV sets which customers could pick up. Since he was busy with installations, Ned decided he would pay Robert to build the TVs and sell them out of his garage. Robert earned $100 per TV he customized and sold. He earned $75 for each prebuilt TV which Ned delivered and installed in a customer’s home. Ned buys TVs in bulk at an average price of $300 per unit. He pays $250 for a big box of LED lights, which are enough to complete 10 TVs. Ned estimates that his work vehicle costs total $300 a month. In 2020, Ned completed 32 in-home installations, for which he charged $250 each. He also installed 11 prebuilt TVs, which he charged $700 each for. Robert sold 29 prebuilt TVs for $500 apiece. Ned is thinking of making a couple of changes for 2021, when he is expecting the sales numbers from 2020…Heidi wants to make 38 identical pennants for her class to wave at Field Day. If she has enough money to buy 4(3)/(4) yards of material, how much material will she be able to use to make each pennant?Jenny Walters, who owns a real estate agency,bought an old house to use as her business office. Shefound that the ceiling was poorly insulated and thatthe heat loss could be cut significantly if six inchesof foam insulation were installed. She estimated thatwith the insulation, she could cut the heating billby $80 per month and the air-conditioning cost by$70 per month. Assuming that the summer seasonis three months (June, July, and August) of the yearand that the winter season is another three months(December, January, and February) of the year, howmuch can Jenny spend on insulation if she expects tokeep the property for five years? Assume that neitherheating nor air-conditioning would be required duringthe fall and spring seasons. If she decides to install theinsulation, it will be done at the beginning of May.Jenny’s interest rate is 6% compounded monthly.
- You gave your little sister two rabbits for Easter seven years ago and now she has 84 of the cute little bunnies. What is the average annual rate of increase in the number of rabbits your sister owns? Note: Your parents are not very pleased with you right now.Leah is selling 6-ft tall christmas trees. The cost of her product is 1,000. She adds 20% to cover overheads. How much is the new selling price during ordinary days?Your grandfather likes to tell the story about how he started with 50 head of cattle on his ranch and grew the ranch to 1,000 head of cattle. He said "My plan was simple: grow the number of head of cattle at a rate of 10% per year." Your grandfather reached his goal before he retired. How long did it take him?
- Some studies have shown that taller men tend to earn higher salaries than equally qualified men of shorter stature. Homotrope growth hormone can increase a child’s height at a cost of $50,000 per inch. Clyde’s parents wanted him to be 3" taller than he was projected to be. They paid $50,000 per year for the treatments for three years beginning on their son’s 8th birthday. How much extra money would Clyde have to earn per year from his 26th through 60th birthdays (a total of 35 years) in order to justify their expenditure? Use i = 8% per year.Mr. John Villamin wanted to sell cupcakes to his friends. He spends Php 22.50 per cupcake with corresponding mark up of 140%. For the month of February 2022, he sold 100 pcs on the 1st 15 days of the month, and 125 pcs on the remaining days of the month. Other expenses are 10% of the total ingredients cost. How much is the income or loss of Mr. Villamin for the month of February 2022 (indicate if income or loss and show your computation)?You gave your little sister two rabbits for Easter seven years ago and now she has 84 of the cute little bunnies. What is the average annual rate of increase in the number of rabbits your sister owns?
