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2 years ago

What is the advantage to spending less money than is earned?

Business

2 answers:

tamaranim1 [39]2 years ago

8 0

Pretty much saving up money. if you can save up enough you can treat yourself later in life

denpristay [2]2 years ago

8 0

Hi there!

When you're spending less money than what you've earned, you can save the extra money (that you could have spent) for later. You'll also have more money overall, and make a profit.

Hope this helps!

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The fares received by taxi drivers working for the City Taxi line are normally distributed with a mean of $12.50 and a standard

Lyrx [107]

Answer:

0.2308 or 23.08%

Explanation:

Mean (μ) = $12.50

Standard deviation (σ) = $3.25

Assuming a normal distribution, for any given fare X, the z-score is calculated as:

$z = \frac{X-\mu }{\sigma}$

For X = $15.00, the z-score is:

$z = \frac{15.00-12.50 }{3.25}\\ z=0.7692$

A z-score of 0.7692 corresponds to the 77.91-th percentile of a normal distribution. Therefore, the probability that a fare exceeds $15.00 is:

$P(X>\$15.00) = 1-0.7692 = 0.2308$

The probability that a specific fare will exceed $15.00 is 0.2308.

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2 years ago

How would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold? quest

11111nata11111 [884]

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2 years ago

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<h3>What is publisher?</h3>

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Learn more about Publishers

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7 months ago

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qwelly [4]

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2 years ago

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A computer manufacturer sells laptops to retail stores for $450 each. If the manufacturer pays $200 for all of the components in

a_sh-v [17]

Answer:

The answer is $75

Explanation:

The formula to reach out value addition is

Value Addition=Sales Value-Cost of manufacture or input added

In our Case

Sales Price=$450

Cost of Manufacture or Input=200+75=$275

So by entering above numbers in Value Addition formula we get

Value Addition=$450-$275

Value Addition=$175

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2 years ago