a. australia has a comparative advantage in the production of food while korea has a comparative advantage in the production of electronics. b. korea has a comparative advantage in the production of food while australia has a comparative advantage in the production of electronics. c. australia has a comparative advantage in the production of both food and electronics. d. korea has a comparative advantage in the production of both food and electronics. e. neither country has a comparative advantage.
Answers
Option-A: australia has a comparative advantage in the production of food while korea has a comparative advantage in the production of electronics is correct answer.
A comparative advantage is the capability of an individual or group to conduct an activity or generate a product with less opportunity cost than other competitors. A comparative advantage allows for more effective use of resources, which leads to higher profits and a greater economic influence.In this context, the comparative advantage of Australia and Korea is as follows:Option (a) Australia has a comparative advantage in the production of food while Korea has a comparative advantage in the production of electronics. This option is correct as it signifies the comparative advantage of both countries in different areas.
Option (b) Korea has a comparative advantage in the production of food while Australia has a comparative advantage in the production of electronics. This option is incorrect because it's just the opposite of option (a).Option (c) Australia has a comparative advantage in the production of both food and electronics. This option is incorrect as a country can only have a comparative advantage in one area, not in both.
Option (d) Korea has a comparative advantage in the production of both food and electronics. This option is also incorrect as a country can only have a comparative advantage in one area, not in both.Option (e) Neither country has a comparative advantage. This option is incorrect as a comparative advantage is always possessed by at least one country.Australia has a comparative advantage in the production of food while Korea has a comparative advantage in the production of electronics. Hence, option (a) is the correct option.
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Related Questions
the _____ dealt mainly with the regulation of secondary securities markets and created the _____.
Answers
The Securities and Exchange Commission (SEC) is an independent federal regulatory agency that is responsible for enforcing securities laws in the United States. The SEC was created by the Securities Exchange Act of 1934 to regulate the securities market and protect investors from fraud. securities
The Securities Exchange Act of 1934 dealt mainly with the regulation of secondary securities markets and created the SEC (Securities and Exchange Commission).What is Securities Exchange Act of 1934?The Securities Exchange Act of 1934 is a United States law that was enacted to regulate secondary securities markets and protect investors from abuses. The Act of 1934 covers a wide range of activities, including the registration and regulation of securities exchanges, securities brokers and dealers, investment advisers, and securities transactions. Securities Exchange Act of 1934 was enacted by the United States Congress during the Great Depression. It was enacted to restore investor confidence in the securities market, which had been severely affected by the stock market crash of 1929. The Act's major provisions include the regulation of securities exchanges, securities brokers and dealers, and securities transactions.
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A man has his property listed with a broker. On June 23, a fire causes considerable damage to the property. On June 25, the owner revokes the listing. On June 29, the broker is deemed incompetent. Two days later, on July 1, the listing expires. On what date was the listing terminated
Answers
On June 29, the broker is deemed incompetent. Two days later, on July 1, the listing expires. On June 23 listing will be terminated.
How does this occur?
A listing agreement may be amended, but only with the written consent of all parties. A different broker is chosen by the seller to handle the listing.When the listing broker is still eligible to get a commission after the listing has expired.The Fifth Amendment of the United States Constitution states that "nor shall private property be seized for public use, without just compensation." We both believe that it is useful to remember the justifications behind the provision in order to comprehend it.To know more about listing here
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
your small business has a product that people love and a website that has been linked to by other sites. which factor do these links represent when a search engine is evaluating your site?
Answers
When a search engine is evaluating your site, the links from other websites represent a factor known as "backlinks" or "inbound links."
Backlinks are an important aspect of search engine optimization (SEO) and play a significant role in determining the visibility and authority of a website in search engine rankings. Here is a step-by-step explanation of the significance of these links:
1. Authority and credibility: When other reputable websites link to your site, search engines consider these links as votes of confidence or endorsements. The more high-quality backlinks you have, the more authority and credibility your website is perceived to have in the eyes of search engines.
2. Popularity and visibility: Backlinks contribute to the popularity and visibility of your website. Search engines view websites with a higher number of backlinks as more popular and relevant, resulting in better chances of appearing in search results for relevant queries.
3. Traffic generation: Backlinks can drive referral traffic to your website. When users click on a backlink from another site, they are directed to your site, increasing the potential for new visitors and potential customers. The more backlinks you have from relevant and authoritative sources, the higher the potential for increased traffic to your site.
4. Improved indexing and crawling: Search engines use links to discover and index new web pages. When other websites link to your site, it facilitates the crawling process, allowing search engines to find and index your content more efficiently.
5. Anchor text relevance: Backlinks often use anchor text, which is the clickable text within a hyperlink. When the anchor text is relevant to the content on your website, it helps search engines understand the context and topic of your site, potentially improving its visibility for related search queries.
6. Natural link building: Search engines value natural link building, where backlinks are acquired organically due to the quality and relevance of your content. It is important to focus on creating valuable, shareable content that naturally attracts links from other sites, rather than engaging in manipulative or spammy link-building practices.
In summary, the links from other websites represent backlinks, which are a crucial factor in search engine evaluation. Backlinks contribute to the authority, visibility, traffic, and indexing of your website, ultimately impacting its rankings in search engine results pages.
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Which of the following would help a hiring manager determine whether a
recruiting resource is effective?
A. Comparing the diversity of internal versus external candidates
B. Comparing retention and turnover results from different recruiting
sources
C. Comparing salaries at multiple corporations
D. Creating job listings on multiple social media sites
Answers
Which one of the following questions involves a capital budgeting decision? Multiple Choice How many shares of stock should the firm issue? Should the firm purchase a new machine for the production line? Should the firm borrow money to acquire new equipment? How much inventory should the firm keep on hand? How much money should be kept in the checking account?
Answers
The one of the following questions involves a capital budgeting decision
How much inventory should the firm keep on hand?
Which of the ensuing inquiries required a capital budgeting choice?decision regarding the opening of a new store.
Which of the following questions includes a choice about capital budgeting?calculating the appropriate amount to borrow from a specific lender.
What decision falls under the capital budgeting category?Making the best judgments is aided by capital budgeting. It include decisions regarding expansion plans, mergers, and replacements but excludes those pertaining to inventory.
Which example from the list below best represents a capital budgeting decisionMCQ?Making decisions on the capital budget is an element of a company's entire financial management process. Capital budgeting decisions include things like building a new factory, buying large manufacturing equipment, or making a substantial investment in an outside company.
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BOVE
Part C
Research online and Identify at least five skills that an administrator working for an automobile dealership would need. You can refer to job
descriptions provided by recruitment agencies. How do you think these skills will help newly appointed administrators to perform their job?
Answers
Answer:
Here are five key skills that an administrator in an automobile dealership would need:
Communication/interpersonal skills: Administrators would have to work with clients that come in for test drives. Having good interpersonal skills would help them respond to customers’ queries more effectively. A friendly and outgoing personality would make them more approachable for the customers. An ability to speak and understand multiple languages would help an administrator deal with customers who are not fluent in English. An administrator must be able to communicate effectively, both verbally and through nonverbal cues.
Organizational skills: Administrators need to be well organized in their work involving customers. They would be required to schedule and organize test drives, arrange meetings, keep a record of customers’ documents, handle car insurance matters, and provide other assistance to customers.
Prioritize: Administrators would have to handle several tasks (described earlier), so they should be able to prioritize and schedule tasks effectively.
Manage: An administrator would have to manage the daily operations, such as ensuring that customers submit authentic documents, making appointments, and scheduling test drives. The administrator is also responsible for managing employee behavior, safety, and compliance with the company’s policies.
Reasoning and mathematical skills: An administrator would need to have above-average mathematical skills in order to maintain the company’s accounts dealing with sales and servicing. The person would need logical reasoning skills to facilitate decision making and process management.
Explanation:
PLATO
The aggregate marginal product of labor is given byThe aggregate marginal product of labor is given by MPN =A (600-N)2 where N is employment and A = 5.9 is the TFP. The labor supply is described by N=b+7w0.5, where b = 512 and w is the real wage. The
Answers
The given equation for the aggregate marginal product of labor, \(MPN = A(600-N)^2\), shows that the productivity of labor decreases as employment increases.
This is because as more workers are hired, there may be a lack of resources or coordination, leading to diminishing returns.
To understand the impact of real wages on employment, we can use the labor supply equation, \(N = b + 7w^{0.5}\), where b = 512 and w is the real wage. This equation shows that as real wages increase, the supply of labor also increases.
This makes sense as workers are more willing to work at higher wages, leading to a larger pool of available workers for employers to hire.
To determine the equilibrium level of employment, we need to set the aggregate marginal product of labor equal to the real wage,
since firms will only hire workers if their productivity exceeds their cost. Thus, we have:
\(A(600-N)^2\)= w
Substituting \(N = b + 7w^{0.5}\), we get:
\(A(600-(b+7w^{0.5}))^2\) = w
Solving for w, we get:
\(w = A(600-(b+7w^{0.5}))^2\)
This equation can be solved numerically using software or algebraic techniques, but the result will depend on the specific values of A and b. However, in general,
we can see that higher productivity (A) and lower labor supply (b) will lead to higher equilibrium employment levels, while higher real wages will lead to lower employment levels.
Overall, the relationship between the aggregate marginal product of labor and labor supply can help us understand how changes in real wages and productivity affect employment levels in the economy.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answers
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
Objectives
of the
marketing departments
Answers
It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing Department's job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
Explanation
The basic or fundamental objective of marketing management is to maximise consumer satisfaction; and maximising enterprise profitability through maximising consumer satisfaction.
Step by step
So without further ado, let's dig into the 7 functions of marketing and take a look at how they align with overarching business objectives.
Promotion.
Selling.
Product management.
Marketing information management.
Pricing.
Financing.
Distribution.
a $5,000 tv ad will cause 250 people to attend a show, while a $4,000 newspaper ad will cause 280 people to attend. bob wants to use the most effective method to get 500 people to attend a show. which advertising method should he use?
Answers
i will advice Bob to use the most effective method which is Newspaper advertisement for his show.
The data collected includes:
$5,000 tv ad will make 250 people to attend the show.$4,000 newspaper ad will make 280 people to attend the show.From the data, we will observe that the newspaper advert is more economical and cost saving because Bob will be able to spend less and get more people to his show in comparison to Tv ads.
In conclusion, i will advice Bob to use the most effective method which is Newspaper advertisement for his show
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What is the difference between a total and a subtotal?
Answers
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
Discuss between quality control and quality assurance
Answers
Explanation:
Quality control and quality assurance are two essential concepts in the field of product and service quality management.
Quality control refers to the set of measures taken to ensure that the final product or service meets the required standards of quality. It is a reactive approach that involves detecting and correcting defects in the product or service during or after production. Quality control is concerned with the inspection, testing, and sampling of products or services to ensure they meet the pre-established quality standards. It mainly involves the measurement of product or service attributes and comparing them to the desired levels.
On the other hand, quality assurance is a proactive approach that focuses on preventing defects before they occur. It is a systematic and comprehensive process that involves developing and implementing standards, procedures, and policies to ensure that the product or service meets the required level of quality. Quality assurance focuses on the entire production process, from the planning and design stage to the final product or service delivery. It involves continuous monitoring of the production process, identifying areas that may cause defects, and implementing corrective actions to prevent them from happening.
In summary, quality control is concerned with detecting and correcting defects in the product or service, while quality assurance is focused on preventing defects from occurring in the first place by implementing effective processes and procedures. Both approaches are critical in ensuring that products and services meet the required level of quality and customer satisfaction.
Sharon is opening a new pizza restaurant that will use a combination of workers and ovens to produce pizzas. Sharon knows from experience that the total number of pizzas she can produce in an hour is given by the function q=4K0.5L0.5 , where q is the number of pizzas per hour, K is the number of ovens, and L is the number of workers. Suppose another pizza restaurant in the same town can produce 19 pizzas per hour. Being an extremely competitive person, Sharon wants to produce 20 pizzas per hour. Therefore, his total hourly cost function is given by ____
Answers
Answer:
Q+X = [4K^1/2L^1/2] + X
Explanation:
L = labour = workers
K = capital = ovens
You don't have the exact value of Q since the values of K and L are not given.
You should however note that Q is less than or equal to 19 pizzas/hour, since Sharon sought to stretch his capacity by producing up to 20 pizzas/hour owing to the presence of a competitor.
Assuming the distance/difference between 20 and Q is X (a positive number).
Sharon's new hourly cost function will be:
\(Q+X = [4K^1/2L^1/2] + X\)
Q+X = 20 and the law of mathematics states that whatever you add to the left hand side must be added to the right hand side, hence the addition of X to both sides of the equation instead of the left hand side alone.
The function can now be rewritten as 20 = [4K^1/2L^1/2] + X
where X = 20 - Q
what is the farthest thing in space we know about?
Answers
That would be the galaxy called MACS0647-JD, Its a long name but If the distance estimate is correct, it formed about 427 million years after the Big Bang. Hope this helps!
What is one method that helps control online fraud? O A. Deleting odd emails before reading B. Reporting odd emails to police • C. Reporting odd emails as spam • D. Signing into email in many locations
Answers
Answer: C. Reporting odd emails as spam
Explanation:
Which of the following will be accomplished by efficient allocations of the factors of production?
guaranteeing economic success
understanding whether a product will fail
fulfilling many needs and wants of society
replenishment of limited resources
Answers
Answer:C
Explanation: Just took the test:)
What will be accomplished by efficient allocations of the factors of production is fulfilling many needs and wants of society
What are factors of production?factors of production can be regarded as those factor that make production possible such as capital and land.
Therefore, fulfilling many needs and wants of society is one of beauty of production.
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In designing a bonus structure to reward your production managers, one of the options is to reward the managers based on reaching annual income targets. What are the differences between a reward system for a company that uses absorption costing and one for a company that uses variable costing?
Answers
In a reward system for a company that uses absorption costing and bonuses will be based on production, while in variable costing it will be based on sales.
What is a rewards system?It is an organizational strategy to provide a bonus structure for employees who achieve certain goals and objectives stipulated in a period of time, being an instrument of motivation for employees to commit to their tasks.
Therefore, absorption and variable costing methods will impact the organizational reward system by the scope of the company's expected results.
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You work for a Defense contracting company. The company develops software applications which perform intensive calculations in the area of Mechanical Engineering related to metals for ship building. You have a 3-year contract and decide to purchase reserved EC2 instances for a 3-year duration. You are informed that the particular program has been cancelled abruptly and negotiations have brought the contract to an amicable conclusion one year early. What can you do to stop incurring charges and save money on the EC2 instances
Answers
The defense contracting company is spending its money by purchase of EC2 instances. This reserved instance can be used for one to three years.
If the program is cancelled due to some reasons the company can let out the purchase instance to some other company on lease and earn annual rentals on it.
This will save its sunk cost and earn some money with spare reserved EC2 instance.
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Ms. baker needs 20 pounds of deli meat to make sandwich trays for a party. she bought 4.86 pounds of turkey and 6 1/3 pounds of ham. how many more pounds of deli meat ms. baker needs?
Answers
Ms. Baker needs 9.81 pounds more deli meat.
How much additional deli meat does Ms. Baker need?In order to calculate the amount of additional deli meat Ms. Baker needs, we first add up the pounds of turkey and ham she has already purchased.
Ms. Baker bought 4.86 pounds of turkey and 6 1/3 pounds of ham. To work with a common denominator, we convert the fraction to a decimal: 1/3 is equal to 0.33. Adding the turkey and ham, we have a total of 4.86 + 6.33 = 11.19 pounds.
To find the remaining amount of deli meat needed, we subtract this total from the required 20 pounds. Subtracting 11.19 from 20, we get 8.81 pounds. Therefore, Ms. Baker needs 9.81 pounds more deli meat to make the sandwich trays for her party.
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On July 1, 2021, Bonita Industries issued 3500 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2021 and mature on April 1, 2031. Interest is payable semiannually on April 1 and October 1. What amount did Bonita receive from the bond issuance
Answers
Answer:
On July 1, Year 1, Howe Corp. issued 300 of its 10%, $1,000 bonds at 99 plus accrued interest.
The bonds are dated April 1, year 1 and mature on April 1, year 11. Interest is payable semiannually on April 1 and October 1.
What amount did Howe receive from the bond issuance?
a) $304,500
b) $300,000
c) $297,000
d) $289,500
a) $304,500
The amount received is the price of the bonds plus interest from April 1, the bond date, to July 1, the issue date:
Amount received = .99(300)($1,000) + .10(3/12 year)(300)($1,000) = $304,500
The second term in the above calculation uses 3/12 of a year, which is the portion of a year between April 1 and July 1.
Why do some auto insurance customers want medical coverage for their
policies?
A. To help find the best hospital to care for people they injured in a
car accident
B. To keep from having to make a co-pay in case of a minor injury
after an accident
C. To avoid having to pay for hospital bills resulting from an accident
they cause
D. To prevent uninsured motorists from suing them for injuries they
cause
Answers
9514 1404 393
Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Do you believe that his message on that aspect of life is sound, biblically speaking? Explain. Your answer should reflect careful thinking.
Answers
Answer:
Shakespeare's message on that aspect of life is sound biblically speaking.
Explanation:
Because the way he mad Hamlet become over the story gives you a perspective on how events and change can form a person, and make them become something that they never were before.
Valerie has money to invest in the stock market. She chooses to invest in a mutual fund composed of several companies to reduce risk. Which term best describes what Valerie has done with her money?
Answers
The term that best describes Valerie's actions of trying to reduce risk is called Diversification.
The process of diversification:
Involves investing in various assets instead of a few. Reduces risk that one will lose assets in one investment.By investing in a mutual fund, Valarie diversified her investment because mutual funds invest in several different assets to ensure that their clients do not lose money on a few investments.
In conclusion, this is diversification.
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Jake becomes extremely bored with hauling blankets to market over and over, and he misses getting to herd and shear the sheep.
Answers
The drawback is that Jake is experiencing job dissatisfaction and is no longer finding fulfillment in his current role of hauling blankets to market. This may lead to decreased motivation and productivity, as well as potential long-term effects such as burnout or resignation.
In addition, if Jake is not happy with his job, he may become disengaged from his work and less invested in the success of the company. This can have negative impacts on team morale and overall organizational performance.
Furthermore, if Jake is highly skilled in herding and shearing sheep, his talents may be underutilized in his current role. This could result in lost opportunities for the company to leverage his strengths and improve their operations.
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Complete Question : Jake becomes extremely bored with hauling blankets to market over and over, and he misses getting to herd and shear the sheep. Mention the drawback in this scenario.
Leverage
-Increases investment risk
-Decreases investment risk
-Only works to the investors advantage
-Increases owners equity in an investment
Answers
Leverage can increase investment risk because it involves borrowing money to make investments, which can result in higher losses if the investment does not perform well.
Leverage in finance refers to any strategy that involves borrowing money to make purchases while anticipating future earnings to be several times greater than the price of financing. Leverage often refers to using borrowed funds to pay for an asset purchase. Leverage is frequently used in order to boost an asset's profitability. People borrow money and employ leverage because they think they can buy greater resources and increase their profits with the additional funds.
However, it can also potentially increase returns. It does not necessarily decrease investment risk or only work to the investors' advantage. Leverage can increase owners' equity in an investment if the returns generated from the investment are higher than the cost of the borrowed funds.
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the similarities of African countries
Answers
The similarities between African countries are:
Background on Agriculture in Africa
Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.
It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).
Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.
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education opens the door to employment.
Answers
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
A local restaurant is promoting a new "membership" plan for customers. You pay $10 per month to join. The first 10 meals each month that a member eats will cost them $16 each. But after 10 meals, the cost of each meal falls to just $10 per meal. What would be the piecewise function C(x) for the total cost of membership each month, as a function of the meals eaten at the restaurant? You can use the variable " x " to represent the number of meals caten each month. Show your work below. (10 pts)
Answers
The piecewise function C(x) for the total cost of membership each month, as a function of the meals eaten at the restaurant is:C(x) = 10x + 160 for 0 ≤ x ≤ 10C(x) = 10x + (10 - x) × 6 for x > 10
Given:
A local restaurant is promoting a new "membership" plan for customers. You pay $10 per month to join. The first 10 meals each month that a member eats will cost them $16 each. But after 10 meals, the cost of each meal falls to just $10 per meal.
Formula used: For the first 10 meals, C(x) = 10x + 10 * 16For the meals above the first 10, C(x) = 10x + (10 - x) * 6
Calculation:As per the given,The total cost of membership each month will vary depending on the number of meals a member eats at the restaurant.
Therefore, we can represent the cost function in terms of two piecewise functions.
The first function is the cost of the first 10 meals a member eats. Since each meal costs $16, the first 10 meals will cost 10 × $16 = $160. But since the member is also paying $10 to join, we need to add that to the total cost as well. So the first piece of the function is:
C(x) = 10x + 160 for 0 ≤ x ≤ 10
The second function is the cost of meals after the first 10. Since each meal now costs $10, the total cost will be $10 multiplied by the number of meals eaten after the first 10. However, we also have to subtract the number of meals eaten after the first 10 from 10 (the maximum number of meals that are charged at $16). So the second piece of the function is:
C(x) = 10x + (10 - x) × 6 for x > 10
So the piecewise function C(x) for the total cost of membership each month, as a function of the meals eaten at the restaurant is: C(x) = 10x + 160 for 0 ≤ x ≤ 10C(x) = 10x + (10 - x) × 6 for x > 10
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