Use the following general linear demand relation to answer the next question:Qd = 100 - 5P + 0.004M - 5PR, where P is the price of good X, M is income and PR is the price of a related good, R. From the demand function it is apparent that related good R isa. an inferior good. b. a normal good. c. a complement for good X. d. a substitute for good X.
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Business, 22.06.2019 02:30
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $
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Business, 22.06.2019 21:30
Which is the most compelling reason why mobile advertising is related to big data?
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Business, 23.06.2019 02:00
Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.
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Business, 23.06.2019 02:30
Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.
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Use the following general linear demand relation to answer the next question:Qd = 100 - 5P + 0.004M...
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