Two men living 39 km apart, leave their homes at the same time on bicycles and travel toward each other. If one man averages 2km/hr more than the other, and they meet in 1hr 30mins, what is each man’s average rate of cycling?
Two men living 39 km apart, leave their homes at the same time on bicycles and travel toward each other. If one man averages 2km/hr more than the other, and they meet in 1hr 30mins, what is each man’s average rate of cycling?
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 12SCQ: Why dues productivity growth in high-income economies not slow down as it runs into diminishing...
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3. Two men living 39 km apart, leave their homes at the same time on bicycles and travel toward
each other. If one man averages 2km/hr more than the other, and they meet in 1hr 30mins, what is
each man’s average rate of cycling?
4. A man invested PhP 250,000.00 in two business ventures. Last year he made a profit of 15% from
the first venture but lost 5% from the second venture. If last year’s income from the two investments
was equivalent to a return of 8% on the entire amount invested, how much did he invest in each
venture?
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