Income in thousands of dollars can be discrete or continuous variable. Option D is correct.
Discrete Variable:
Continuous Variable:
The income is discrete value because it has certain value but it is also a continuous variable because annual income can vary and it has true zero point.
Therefore, income can be discrete or continuous variable.
To know more about variables,
Answer:
D
Explanation:
income in thousands of dollars can be considered discrete because the number of thousands of dollars of income have values that can be counted, but also be considered continuous because the values have a true zero point.
Answer:
Production of consumer goods will be reduced
Explanation:
A Production possibility curve depicts all the possibilities of production of two goods in an economy wherein to produce an extra unit of one good, some part of production of second good needs to be sacrificed.
If an economy produces only two kinds of goods such as military goods and consumer goods, extra production of any of the two would require a corresponding sacrifice of the other. This points towards opportunity cost.
A typical production possibility curve is concave to the origin depicting opportunity cost.
If an economy decides to produce more of military goods with available resources remaining constant, it can only be achieved by sacrificing on the production of consumer goods.
Thus, production of consumer goods will reduce if more military goods are produced.
Later, the teaching assistant in Kyoko's chemistry course gives her some advice. "Based on past experience," the teaching assistant says, "working on 30 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour they spend reading.
Given this information, in order to use her 4 hours of study time to get the best exam score possible, how many hours should she have spent working on problems, and how many should she have spent reading?
- 3 hours working on problems, 1 hour reading
Answer:
When Kyoko solves problems during 3 hours and reads for 1 hour, her learning utility is equivalent to 150 problems solved.
Explanation:
We are not given the information about what happens between 9:00 to 10:00 AM, so we can assume that their is no marginal gain from solving problems during that hour.
Kyoko will be able to solve 120 problems (= 80 + 40) during 8:00 to 11:00 AM. Apparently she will not be able to solve any other problems beyond 11:00 AM, so in order to maximize her learning utility she must find another activity that will help her raise her test scores.
She has 1 free hour and we know that reading for 1 hour is equal to solving 30 problems, so she could decide to do that (apparently is that or doing nothing).
When Kyoko solves problems during 3 hours and reads for 1 hour, her learning utility is equivalent to 150 problems solved.
Answer :
B . ) Track And Manage Customer Relationships
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Answer:
A. Planned budgeted value of work scheduled.
Explanation:
Earned Value system is a technique used in project management in estimating how well a project is doing in terms of the project budget and allocated schedule. It is used in estimating project efficiency in terms of the estimated deliverables. It helps in checking of the project is going according to "plan". Project efficiencies are measured against the baseline of a project which is the planned budgeted value of work with the aid of earned value system in order to quickly track any deviations in the project.