A person must score in the upper 2% of the population on an admissions test to qualify for membership in society catering to highly intelligent individuals. If test scores are normally distributed with a mean of 140 and a standard deviation of 15, what is the minimum score a person must have to qualify for the society? (Round your answer to the nearest integer.)

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: ou decided to go and apply for a credit card at your local financial institution. The Prime rate…

A: Prime rate  : The  interest rate that banks charge their most  creditworthy customers . It serves as…

Q: Question attahed in image

A: The costs and the revenue are important for a firm to analyze because with the cost and the revenue…

Q: Price and cost per unit $75 68 54 38 0 رسا 630 $21; 50 $14; 220 $37; 170 $30; 250 800 850 MC 880 MR…

A: A non-competitive firm maximizes profit by producing where marginal revenue is equal to marginal…

Q: Ivana Vukadinovic (Presenting) In addition, Red Rock Construction owes Abco Inc. $824, due to be…

A: Part 2:Explanation:Step 1: Determine the future value (FV) of the debt:Using the formula for the…

Q: Use the exact time to find the due date of a loan that is made on February10of aleap year and is due…

A: The time of the year can be used in accordance to the exact time wherein 365 days of the normal year…

Q: Two sport utility vehicles (SUVS) are being considered by a recent engineering graduate. Using the…

A: Relative rank refers to the position of an individual or group in relation to others in a specific…

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: 2.1. How many months would you have to put $500 per month into an account that earns 4% monthly in…

A: Disclaimer: - Since you asked multiple question because each question is different from each other…

Q: How did you get the values 93 million and 51 million?

A: When a monopolist charges various prices to customers while still providing them the same product,…

Q: Write a summary of the fundamental Principles in Engineering Economics?

A: Principle 1: A close by penny is worth a distant dollar A fundamental concept in engineering…

Q: Receive 120 USD in two years

A: To compare the present value of these four options, we need to calculate their present values using…

Q: ncome level and savings level are $7500 and $3200 Find APS

A: The data presented in the question above is:- Income = $7500 Savings = $3200 We need to find the…

Q: 19. Show which feasible alternative is better by using IRR method under repeatability assumption.…

A: The Internal Rate of Return (IRR) is a financial metric used to evaluate the potential profitability…

Q: Time Value of Money Multiple Interest Formula The amounts are $100 for the first year, $200 for…

A: Ist year payment = $100IInd year payment = $200 IIIrd year payment = $500Fourth to Eighth year…

Q: I need answer typing clear urjent no chatgpt used i will give upvotes

A: Continuation equation: m1 + m2 = m3 Energy equation: m1 h1 + m2 h2 + Q = m3h3 Entropy equation:m3…

Q: You have just moved to a new country to take up a two-year assignment. You need  to buy a car and…

A: In new car case  Cost of car = $20000 Depreciation= 50%  Value of car after 2 years will be $10000…

Q: Revenue, Cost, and Profit Yaster Electronics manufactures and sells a televisions per month. The…

A:

Q: What are the Large-Scale Engineering Economic Decisions?

A: Engineering economic decision refers to all the investment decision related to engineering projects.…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Approach to solving the question: Detailed explanation:Value-added Lead TimeCutting and assembly…

Q: I need typing clear urjent no chatgpt use i will give 5 upvotes I need 3 answers

A: Thank you,Please rate my response.

Q: Simplify: 2x/3 - 3x/4 a. 6x2/12 b. x/12 c. -x/12 d. -x

A: The objective of the question is to simplify the given expression 2x/3 - 3x/4.

Q: Pick 1 current economic topic below and You will research and find an article that covers the topic…

A: Cost can be defined as a concept that shows the amount of expenditure and any other sacrifice such…

Q: Using the graph, complete the table that follows by indicating whether each statement is true or…

A: Elasticity of demand measures the responsiveness of change in quantity demand to change in price of…

Q: What is the MC of the 2nd unit? Select an answer and submit. For keyboajd navigation, use the…

A: MC = Change in TC/change in Q

Q: What Is Worldwide Sourcing Timeline?

A: The worldwide sourcing is a process in which the global markets are used for the production of goods…

Q: What are the Fundamental Principles in Engineering Economics?

A: Engineering economics uses economic procedures for the purpose of designing evaluation and other…

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: What is a weakness of using LCOE as a benchmark for comparing generation methods? a. It does not…

A: Present value is the idea that expresses an amount of cash today is worth more than that equivalent…

Q: Typed plz please provide me a high quality solution for good rating and take care of plagiarism

A: The objective of this question is to calculate the value marginal product (VMPL) of the 7th worker.…

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…

Q: What are the Different Techniques to compare multiple alternatives?

A: There are many techniques to compare multiple alternative. The best alternative is one which…

Q: Gerry likes driving small cars and buys nearly identical ones whenever the old one needs replacing.…

A: solving this problem first we have to calculate EUAC (Equated Uniform Annual Costs) EUAC is used to…

Q: breakeven point explained

A: Breakeven point (BEP) is the number of units sold, or the revenue, for which there is no profit and…

Q: Why Fundamentals of Engineering Economics?

A: Fundamentals of Engineering economics highlights how important economics is in engineering and how…

Q: How much money is in the account now

A: The formula for calculating the simple interest involves multiplying the principal (P) which is the…

Q: typing clear no chatgpt used i will give 5 upvotes i need both answers

A:

Q: 9. Toasters again! The demand and supply schedule for toasters, is given below. a. Graph the supply…

A: Equilibrium is achieved where Qs=Ad Thus, Q*= 40 mn units P*=$40

Q: Please write this at least 1500 word. Must write this in 1500 word please and also provide the…

A: The International Monetary Fund (IMF) is an independent international organization and a cooperative…

Q: lease manually solve each and show equations used Thank You A certain manufacturing plant is being…

A: Engineering economics, formerly known as engineering economy, is a branch of economics concerned…