Answer:
(1) Pe =0.3Pm + 0.15 Pa
Pm = 0.7Pe + 0.2 Pm + 0.3 Pa
Pa = 0.3 Pe + 0.5Pm +0.55 Pa
(2) The free variable Pa = 100
Explanation:
Solution
We create a table of outputs using the given percentages economy distribution
Energy Manufacturing agriculture Purchased by
0 0.3 0.15 energy
0.7 0.2 0.3 manufacturing
0.3 0.5 0.55 Agriculture
Let Pe Pm, Pa represent the prices for each sector
We then create an income equation using the expenses of the table above
Now,
Pe =0.3Pm + 0.15 Pa
Pm = 0.7Pe + 0.2 Pm + 0.3 Pa
Pa = 0.3 Pe + 0.5Pm +0.55 Pa
Note: Kindly find an attached copy of part of the solution to the given question and complete question to of this exercise below
Answer:
really good song: heat waves by glass animals.
Explanation:
Answer: The correct answer is C. The value of the best alternative that is given up in order to do or get something.
Explanation: Opportunity cost literally means alternative thing forgone - meaning what is given up to get something <em>(sacrifice</em>). It is a concept used by economists to allocate limited resources for production, consumption, distribution and exchange of goods and services. Production of goods or services entails the creation of value. In other words, it gives a more understanding on how limited resources are allocated in order to satisfy the human insatiable desires.
For example, a student may be constrained with limited amount of pocket money, say $100 and the student wants to buy textbooks that cost $10 each or go for different outings going for $20 each. In this scenario, the student has different options: a) buy 10 textbooks and 0 outing b) buy 8 textbooks and a outing c) 6 textbooks and two outings d) 4 textbooks and three outings e) 0 textbooks and five outings. For the student to have any more of the other, he has to give up the other unit. What is given up is called opportunity cost.
Answer:
Option C is the correct option.
Explanation:
As the rights and obligation of the antique rocking chair are been passed to third party, so the damage caused by the checque been bounced is the monetry consideration agreed between the party to the contract, McGraw and Tellis. So Tellis may recover money damages from McGraw. However there is a special condition that can allow Tellis recover his asset from Rio if the third party knew before purchase of this asset, that the checque paid to Tellis by McGraw was dishonoured but still he contracted with McGraw to acquire the antique rocking chair.
Overall the option C is the correct option with which the case scenario relates.
8,400 is your answer all you have to do is add the 4 sales and subtract the discounts and the returns
