Answer:
you should prepare 180 pounds of the deluxe mix and 75 pounds of the economy mix
Explanation:
maximize 7d + 4.7e
constraints
0.5d + ¹/₃e ≤ 115
0.5d + ²/₃e ≤ 140
d ≥ 0
e ≥ 0
d and e are integers
using solver, the maximum profit is 180d + 75e, and the maximum profit is $1,612.50
Answer:
representativeness bias
Explanation:
Representativeness bias -
It is also known as representativeness heuristic .
Heuristics refers to the use of some mental shortcuts during the process of judging or decision making .
The term representativeness heuristic was first given in the year 1970 , by psychologists Daniel Kahneman and Amos Tversky .
The use of heuristic for making any judgement by the use of comparison , is referred to as representativeness heuristic .
The process involves comparison with some predefined object or situation , with the new object or scenario , makes the process of understanding much more easier .
Hence , from the given information of the question ,
The correct term is representativeness heuristic .
Ceteris paribus, in a closed economy, if consumers become more optimistic the equilibrium interest rate should increase
.
So the answer is the equilibrium interest rate should increase
<span>The market structure for which economists have the least precise model of price determination is oligopoly.
</span><span><span>Oligopoly is a market structure in which a small number of firms has the large majority of market share.</span></span>
Answer:
acid-test ratio 1,4044
Explanation:
We are asked for a variation ofthe current ratio
whie current ratio is determinate like:
the acid-test will remove inventory from the current assets, leaving only cash, marketable securities and accounts receivables considered for the calculations:
191,000 current assets - 85,000 inventory = 106,000
136,000 current liabilities
191,600 / 136,000 = 1,4044