Answer:
Step-by-step explanation:
The given quadratic equation is
2x^2+3x-8 = 0
To find the roots of the equation. We will apply the general formula for quadratic equations
x = -b ± √b^2 - 4ac]/2a
from the equation,
a = 2
b = 3
c = -8
It becomes
x = [- 3 ± √3^2 - 4(2 × -8)]/2×2
x = - 3 ± √9 - 4(- 16)]/2×2
x = [- 3 ± √9 + 64]/2×2
x = [- 3 ± √73]/4
x = [- 3 ± 8.544]/4
x = (-3 + 8.544) /4 or x = (-3 - 8.544) / 4
x = 5.544/4 or - 11.544/4
x = 1.386 or x = - 2.886
The positive solution is 1.39 rounded up to the nearest hundredth
The answer is really 16% becouse if you devide $5,000 by .16 you get $800
Answer: The absolute advantage in laundry is held by Steve while the comparative advantage in meal preparation is held by Mike.
Step-by-step explanation:
Absolute advantage is when an individual, firm or country can produce a good or service at a lower cost when compared to the other economic agent. When someone has absolute advantage, it means that the person uses fewer resources and spends less time in producing the good. Based on the explanation, Steve has absolute advantage in laundry since he spends two hours compared to Mike who uses 3hours.
Comparative advantage is when an individual, firm or government can produce a good or service with a lower opportunity cost when compared to the other person. Mike has a comparative advantage in the preparation of meal. It'll be better for Steve to focus his attention on laundry while Mike does the meal.
