Search & Filtering
3. The following is the hypothetical supply and demand schedule for sugar:
Price (Tk.)
Quantity demanded
(Kg)
Quantity Supplied
(Kg)
4
1000
400
8
800
400
12
600
400
16
400
400
20
200
400
a) Plot the demand and supply curve for sugar
b) Find the equilibrium price and quantity of sugar
c) What will happen to equilibrium price and quantity if incomes of the consumers of sugar (normal good) are increased?
after promotion, Gewn's annual salary was increased by 7.85% to R 450000. Determine his previous monthly salary and the monthly increase he will be getting
A company prices its tornado insurance using the following assumptions:
• In any calendar year, there can be at most one tornado.
• In any calendar year, the probability of a tornado is 0.02.
• The number of tornadoes in any calendar year is independent of the number of tornados in any other calendar year.
Using the company's assumptions, calculate the probability that there are fewer than 3 tornadoes in a 14-year period.
The number of typographical errors per page typed by a certain typist follows a Poisson distribution with a mean of 17.
Then find the probability p that the total number of errors in one randomly selected page is 13.
Round your answers to 3 decimal places.
p = ?
A certain kind of sheet metal has, on average, 9 defects per 14 square feet.
Assuming a Poisson distribution, find the probability that a 25 square foot metal sheet has at least 14 defects. Round your answer to four decimals.
Give an example of a 1×2 matrix
Question
If I offered a job to someone to clean my house at $1 per hour, and unemployed people chose not to take the job, should they be classed as ‘voluntarily' unemployed?
1. What is the relationship between the mpc, the mpcd and the mpw?
2. At national income of $20B. how much would be consumed if the MPC is ¾?
If the MPM is 60%, how much is consumed domestically
A temperature sensor may be modeled as a sphere having a thermal conductivity of 91 W/m-K, a density of 8900kg/m3, and a specific heat of 444J/kg-K. If the sphere diameter is 3 mm. Determine the time required for the sensor to respond to 95% of a step change in the
temperature of the convective environment. The heat transfer coefficient is 1000W/m2-K.
Puleng receives R1 500,00 from the bank now, that charges 10,5% simple discount per annum. She has to pay back the bank an amount of R1 893,75 in a few months' time. The number of months after which Puleng pays back the loan, rounded to one decimal place, is
#340153 on Dec 2023