a) If the price of a train ticket from New York to Washington DC rose by the rate of inflation between 1995 and 2016, how much would a ticket cost in 2016 if it cost $100 in 1995? Instructions: Round your answer to two decimal places. $ 150

Q: Solve AX=B if A¹ = 1 14 15 The solution is X= 8 (Simplify your answers.) and B = 5 8

A: If AX=B Then by property of matrix inverse we can find X using the formula: X = A--1(B) We already…

Q: 100 90 80 ATC 70 50 30 AVC 20 MC 10 + 0 0 5 10 15 20 25 30 35 40 45 50 QUANTITY (Thousands of pans)…

A: In perfect competition we assume that the marginal cost curve is same as the supply curve. The below…

Q: EXPENSES (Thousands of dollars per day) 10 9 00 09 5 4 of 10 20 30 40 50 60 TIME (Days) The area of…

A: Here, the firm is expanding, its costs are constantly rising. In this figure, we can see that there…

Q: In a project, total 10 products will be produced by each worker. The time needed for producing the…

A: Learning rate refers to the proportion of amount saved by the increase in efficiency of labor every…

Q: For Part A, could you format it in a different way thats easier to read. I can't follow what the…

A: Price elasticity of demand for a good is estimated to know about the changes in the quantity…

Q: If the population increases by 2.5% per year, what percentage does it change in 5 years?

A: Given,Population increases by per year.

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: Estimate the unit selling price of an item for which the following data is available. Labor 10 hours…

A: The selling price defines the price at which a good or service is offered for sale in the market,…

Q: Define the term Annual Percentage Rate?

A: A rate at which a borrower is ready to pay and depositor is ready to receive the money is known as…

Q: Exact Formulas. Compare the doubling times found with the approximate and exact doubling time…

A: Here P=3 Answer(a): The approximate doubling time is 23.33 years

Q: Download Q4 and generate a model of the annual maintenance expenses based on the age of the bug. If…

A: We can construct a regression model to analyze the relationship between the age of the bus and…

Q: ADEXP SALES 2000 15000  2000 30000  5000 30000 3000 25000 9000 55000 8000 45000 7000 60000 Does…

A: Firstly we will understand the importance of advertising in our economy. Advertising provides us a…

Q: Faisal is an electrical engineer degree and he has a business of manufacturing golf balls. He spends…

A: Accounting profit: - it is the net profit earned by a company after reducing the explicit cost from…

Q: Solve the following equation for R. %3D J

A: The equation is considered a process of equating one thing with another.

Q: How did you calculate the solution of (i)?

A: The data on nominal GDP of Barbados from 2020 to 2021 isYearNominal GDP (in $)Change in GDP (in…

Q: Cost of buying tomato plants are 20 cents each and a farmer sells them for 50 cents each. His fixed…

A: Fixed cost = 69 euro Variable cost = 0.20 euro/plant sales price = 0.50 euro/plant

Q: What is the fixed cost? $[ What are the Variable Costs? $[ If the merchandise is very popular among…

A: The fixed cost can be calculated by subtracting the variable cost from the total cost. The variable…

Q: Use the values in the table below to answer the following questions. MC TC АТС 46.47 15.49 20.13 -(…

A: Average total cost is the ratio of total cost and quantity. ATC = TC/Q TC = ATC*Q

Q: 14. Has social media engagement with JTS positively influenced your perception of the company? 10…

A: The pie chart in the proposal reflects respondents' perceptions of the impact of social media…

Q: Question: Make a table and graph from below equation Qd 20-4P.

A: Demand schedule refers to the table that presents quantity demand for goods and services at…

Q: Give me an example How Efficient are Graphical techniques – scatter plots for Estimating Costs?

A: A scatter graph is a graph that shows how a cost varies at different movement levels. From a scatter…

Q: Company X sells Christmas Lights for 450 pesos. The variable cost is 200 pesos per unit while the…

A: Formula is,Quantity of units required to achieve the goal = [Fixed cost + Profit] / [Price -…

Q: The rate of sales of an automobile anti-theft device is given in the table below. (b) What are the…

A: Months123456Sales per month140530690760700560

Q: Use a graphing calculator to graph a break-even chart. Choose the correct answer below. OA OB AND…

A: Break- even Point : The break- even point in refers to the level of  output at which total revenue…

Q: Complete the following table by deriving the marginal tax rates in the income ranges of $20,000 to…

A: Marginal tax rate and average tax rate formula can be written as follows:

Q: A B 1 Car Sales Report Month 2 3 Jan. - April 4 May-Aug. 5 Sept. - Dec. 6 TOTAL 7 MINIMUM C 214 355…

A: The data gives the sale figures for cars from 2016 to 2018. Each year is subdivided into three…

Q: Marc is paid on a graduated commission scale. For the first $10,000 of sales his commission is…

A: There are various schemes being offered by various organisations in order to increase the sale…

Q: A United States based Airline bought an airplane from a German Manufacturer for $1 Million.…

A: Consumption (C): This includes the spending by households on goods and services. In this scenario,…

Q: Coronado Industries developed the following data: Beginning work in process inventory Direct…

A: Manufacturing cost refers to the expenses incurred during the production of goods or the provision…

Q: Economic Order Quantity

A:

Q: Question 39 Use the values in the table below to answer the following questions. Q TC ATC MC 3 20.48…

A: Total cost refers to the sum of all expenses incurred by a company in producing goods or providing…

Q: Nuclear power Here are data on 32 light water nuclear power plants. The variables are: Cost: In…

A: The specific cost function that is used will depend on the specific production process and the…

Q: I am having difficulty understanding the concepts in this problem. C

A: Law of diminishing returns: It refers to an economic principle under which when a firm increases its…

Q: In 2014, you owed $20100 on your car and you paid it off in 2020. Assume the rate of change is…

A: Linear Rate of Change: A linear function's rate of change is constant. This indicates that each…

Q: What is the impartance of eatimating the aver age Cost, Tatal Cast . average Fixed Cast, tatal…

A: The firms, and businesses are the entities which are considered to be important contributors to the…

Q: I don't quite understand how you got 4% because when I did the math I kept get 1%

A: Given, Let's pretend you're betting $5 on a game. Chance of winning = 48%  P(win) = 0.48 P(Lose) =…

Q: 1. Rose is a project manager at the civil engineering consulting firm. She has been collecting data…

A: Given: 10th pillar requires 300 person-hours and a 70% learning curve is applied. Time required to…

Q: What is the Importance of Time element and how time element is determined with Market price? Show…

A: The market price is the current cost of purchasing or selling an asset or service. The dynamics of…

Q: 3.1 F(K,L) 0.3. 0.7 F(At.au)= (1x3aび 0.3 0.1 0.303 0. o, 7 L. 0.3 0.7 = d F(XiL) The power o7 dis I…

A: Answers: Note: you have already provided the questions with solutions.  (3.1). FK,L=K0.3L0.7Let us…