The correct answer is “Revise”. Hope this helps you!
Answer:
You can graph any equation using a table of values.
Explanation:
A table of values is a graphic organizer or chart that help you determine two or more points that can be used to create your graph.
As inventory increases,
space decreases.
True
False
Answer:
Ture
Explanation:
This is true. The more items you have in a certain place, say a box, the box will continue to fill up and eventually run out of storage. Even with small things like trash bits, it will continue to fill up and run out of space. Paper also falls along.
So basically saying, anything that you can touch with your bare hands can take up space. Any solid, or hold-able liquid.
Answer: The first step in budgeting is figuring how much you need to spend within a certain time frame.c
3. What happens to demand if prices go up?
4. How can weather impact the supply of strawberries?
5. When is the market approach to supply and demand not practical?
6. Can unregulated free markets create problems? Give 1 examples
Answers with Explanations:
1. Who benefits when a customer purchases strawberries from a store?
When a customer purchases strawberries from a store, the strawberry-seller and the customer both benefit from the transaction. The strawberry-seller earns profit from selling his goods while the customer is able to eat the strawberry.
2. What is the ideal result of voluntary exchange?
The ideal result of voluntary exchange is that, both sellers and buyers are engaging in market transactions according to their own free will. This means that both parties are doing the transaction, so they can both have an advantage. So, this is a win-win situation for both.
3. What happens to demand if prices go up?
If prices of products or services go up, demand decreases. This is because the consumers or customers cannot afford the product or service. This is true provided that all other things are equal.
4. How can weather impact the supply of strawberries?
Weather conditions can largely affect the supply of strawberries. Since strawberries grow in cool to warm weathers, having a condition that is too cold or too hot will prevent the crops from growing. This will decrease the supply of strawberries.
5. When is the market approach to supply and demand not practical?
The market approach to supply and demand is not practical when it comes to emergency situations, such as having firefighters or police officers. The number of fire fighters and police officers being hired do not rely on the number of crimes or fire happening in the country. They are particularly used in order to maintain peace and order.
6. Can unregulated free markets create problems? Give 1 example.
Unregulated "free market" refers to a market wherein the supply and demand is not being controlled or maintained. It largely depends on the sellers and consumers, without the strict interference of any law.
Such kind of market can create many problems, such as the seller's self-interest in gaining more profit. This will lead to "deception" and "manipulation." For example, it becomes easy for the seller to sell a particular good 10 times its actual cost, since there are no restrictions.
If Sarah earns $1975.38 per month, what is the maximum amount she should spend on
wants?
The Sarah should allocate a maximum of $592.61 for her wants based on her monthly income and the recommended budget allocation.
To determine the maximum amount Sarah should spend on wants based on the recommended budget allocation, we'll use the following percentages:
- 50% on needs
- 30% on wants
- 20% on savings and paying off debt
First, we need to calculate the total amount of money Sarah should allocate for her wants.
We'll use the given monthly income of $1,975.38:
Total Wants = 30% of $1,975.38
To calculate 30% of a number, you can multiply it by 0.30 (which represents 30% as a decimal):
Total Wants = 0.30 * $1,975.38
Total Wants = $592.614
Now, let's round this to a practical amount.
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Paul will have $4,752.4 after two years, and Mike will have $5,056.2 after two years. Subtract Paul’s total from Mike’s total for difference.