1. A newspaper headline claims: "Apple spends far less on Research &Development than any of its rivals." Further into the story, the reporter writes thatApple spends a paltry 2% of revenues compared with 14% at Google andMicrosoft.a. What is the mistaken assumption here?b. Why is that assumption incorrect?c. Is there a situation where the headline is still correct? 2. A shop owner raises the price of a $150 pair of shoes by 40%. After a few weeks,because of falling sales, the owner reduces the price of the shoes by 40%. Acustomer then says that the shoes are back at the original price.a. What is the mistaken assumption here?b. Why is that assumption incorrect?c. What do the shoes actually cost now? show calculationd.By what percent should the shoes be decreased in order to have the priceback at $150? Round to the nearest 10th percentage. (for example ifyour decimal answer is .058267 your answer would be 5.8267% roundto nearest 10th percent answer is 5.8%) show calculation

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Answered: A newspaper headline claims: "Apple…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

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