Answer:
Rebecca does not have a return yet because the stock was not sold since there was a limit order at $33.
However, the value of her investment can be put around $2,400 (100 x $24 average price).
Step-by-step explanation:
Price of Havad Stock bought a year ago = $20
No. of shares = 100
Limit order selling price = $33
Stock prices during the limit order day = $23, $26, and $22
The stock cannot be sold, since its price did not reach $33.
Rebecca's limit order is an order to buy or sell her stock in Havad at $33 or better. Since her order is a sell limit order, it can only be executed at the limit price of $33 or higher. Unfortunately, the price of the stock did not reach the limit order on that particular day. This implies that her limit order is not guaranteed to execute.
Answer:
Part 1) Option A. y = 110 + 10x; y = 40x
Part 2) The smallest number of visits is equal to 4
Step-by-step explanation:
Part 1) Choose the two equations that represent the situation
Let
x ----> the number of museum visits
y ----> the total cost for the visit to the art museum
we know that
<em>Non-member</em>

<em>Member</em>

Part 2) Write an inequality that represents the number of museum visits for which the total member cost is less than the non-member cost
The inequality that represent the situation is

Solve for x



Rewrite

Round to the nearest whole number (Remember that the number of visits cannot be a decimal number)
therefore
The smallest number of visits is equal to 4
This is a linear relationship because:
(20-10)/(4-2)=(35-20)/(7-4)=m=5
So we have a line with a slope of 5, and the slope intercept form of a line is:
y=mx+b, and we have found that m=5
y=5x+b, now using any point we can solve for b, use (2,10)
10=5(2)+b
10=10+b
0=b so the line is:
y=5x