Answer: A
Step-by-step explanation:
A.) the substitution effect would predict Ethan would consume less books and more movies and the income effect would predict he would consume less of both.
B.) the substitution and income effects would both predict Ethan would consume less of both goods.
C.) the substitution effect would predict Ethan would consume more books and less movies, and the income effect would predict he would consume less of both.
D.) the substitution and income effects would both predict Ethan would consume more of both goods.
If he continuos to buy 4 books ans 6 movies the total amount is $170, that he does not have. He has to buy less books or go less to the movies.
A global efect of a certain good (X) price rise can be divided into 2 efects:
- substitution effect: indicates a demand reduction of X, resulting from the price rise, making X less atractive to consumption
- income effect: indicates a reduction of the demanded quantity of X resulting from the reduction of the acquisition power created by the rise of X price.
So, answer is A.
The mean is just the arithmetic average...
Sample A=8.1
Sample B=8.11
Both Samples=8.105
So Ryan would be closer to being correct given either of or both samples.
Unpaid balance 283.63-60=223.63
Finance charge
223.63*(0.015/12)=3.35
New balance
223.63+3.35+51.36==278.34
Answer:
Circumference: 64π
Ratio: 1 : 4
Measure of ∠xoy: π/2
Step-by-step explanation:
We are given an arc length of 16π. Since it's in terms of pi, we use the formula
S = rФ where r is the radius, and Ф is the measure of the angle in radians (in terms of pi)
We are given S = 16π and r = 32, plug those in and find Ф
16π = 32Ф
16π/32 = Ф
π/2 = Ф
This is the measure of the central angle.
The angle is π/2 radians. There are 2π radians in the circumference, so the circumference is 4 times the arc length created by the central angle. (There are 4 halves in 2) so the ratio of the arc length tothe circumference is 1 : 4
The formula for circumference is C = 2πr, where r is the radius, so we hace
C = 2π(32) = 64π
