The salesman has observed that many students are looking for cars that cost less
than $5,000. If he decides to also deal in cars that cost less than $5,000 and projects selling 200 of them over the next 10 years, how will the distribution be affected?
Introducing vehicles costing less than $5,000 will alter the supply curve by adding a new segment for lower-priced cars, likely leading to an increase in the quantity supplied for this market segment. This reflects market segmentation and aligns with the demand for cheaper vehicles.
The introduction of cars less than $5,000 into the salesman's inventory may affect the distribution of car sales. When discussing economic models, a supply curve (such as curve So) indicates the quantity of goods that sellers are willing to supply at various prices. According to the scenario provided, Point J on the supply curve So shows that if the price is $20,000, the quantity supplied will be 18 million cars. However, if the price drops to below $5,000, this will most likely introduce a new segment on the supply curve, as the current supply data relates to higher-priced vehicles.
Introducing lower-cost cars will attract a different consumer base, often overlooked in premium markets. This could lead to an increase in the quantity supplied of cheaper cars, as the demand for this segment is likely to be different from premium cars. If the projection of selling 200 cars in 10 years holds true, it will introduce a new point on the supply curve, which will represent cars at a lower price point and possibly a higher quantity compared to the original supply curve for higher-priced cars.
It cannot be determined from the given information whether the overall effect will pull market equilibrium towards the lower end, but it introduces the concept of market segmentation where different products and prices can co-exist, catering to different consumer needs and preferences.
Six cakes cost 3.60. How much do seven cakes cost
What's the radius of a circle with an area of 64 square feet?
Answer:
4.51
Step-by-step explanation:
Evaluate the expression. 9! − 5!
Hattie jumps rope 57 times in 3 minutes. If Hattie jumps at a constant speed, how many times does she jump per minute?
Answer: Hattie Can jump 57 times in 3 minutes so therefore she jumps 19 times per minute. Because if do 57/3 it would give you 19.
Hope this helped!
George does not like the fact that his neighborhood makes it mandatory to pay a yearly fee to use the pool. He conducts a survey of all the neighborhood families to help support his case that the yearly fee should be voluntary. The survey asks questions about pool usage and financial statistics of the families. Is this a valid survey? Why or why not?
find the surface area
if an object is shot with an initial velocity , vo, in feet per second(ft/s) the velocity, v, in ft/s is given by the formula v=v0 -32t, where t is time in seconds. find the initial velocity of an object if the velocity after 3 seconds is 31 ft/s
To find the initial velocity, we rearrange the given velocity equation to solve for the initial velocity, then substitute the given values. The initial velocity is found to be 127 ft/s.
Explanation:The given formula for velocity is v = v0 - 32t, where 'v' is the velocity at a certain time 't', and 'v0' is the initial velocity. In this case, we're given that v is 31 ft/s after 3 seconds. To find the initial velocity 'v0', you need to rearrange the equation to solve for 'v0'. This gives:
v0 = v + 32t
Substituting the given values into the rearranged equation gives:
v0 = 31ft/s + 32(3s)
This simplifies to:
v0 = 31ft/s + 96ft/s = 127ft/s
So the initial velocity of the object is 127 ft/s.
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Which ordered pair is identified by the letter "G" on this coordinate grid?
A circle has a diameter of 9 inches. What is the approximate ratio of the circumference of the circle to its diameter?
A) 22/7
B)7/22
C)1/2
D)2/1
Find the absolute maximum and minimum values of f on the set
d. f(x, y) = 9 + xy − x − 2y, d is the closed triangular region with vertices (1, 0), (5, 0), and (1, 4)
For the function f(x, y) = 9 + xy - x - 2y in the triangular region, the maximum value is 9 at point (1,0), and the minimum value is 1 at point (1,4). The critical point does not lie within the triangle region.
Explanation:To find the absolute maximum and minimum values of the multivariate function f(x, y) = 9 + xy − x − 2y on the triangular region with vertices (1, 0), (5, 0), and (1, 4), we first locate the critical points within the region by solving the system of first order partial derivative equations.
∂f/∂x = y - 1 = 0, which means y = 1∂f/∂y = x - 2 = 0, which means x = 2
Notice that (2,1) is not in the triangle region, so there's no critical point in the interior of the triangle. The maximum and minimum must occur somewhere on the boundary, i.e., the lines connecting (1, 0), (5, 0), and (1, 4).
After using these points in the function, we get the following:
F(1,0) = 9F(5,0) = 4F(1,4) = 1
The maximum value is 9 when (x,y) are (1,0) and the minimum value is 1 when (x,y) are (1,4).
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The area of a triangular block is 25 square inches. If the base of the triangle is twice the height, how long are the base and the height of the triangle?
4 minus the product of one and a number x
What is f(x)=8x2+4x written in vertex form
Answer:
Vertex form:
[tex]f(x)=8(x+\frac{1}{4})^2-\frac{1}{2}[/tex]
Step-by-step explanation:
Given: [tex]f(x)=8x^2+4x[/tex]
We need to write in vertex form.
Vertex form:
[tex]y=a(x-h)^2+k[/tex]
vertex: (h,k)
[tex]f(x)=8x^2+4x[/tex]
Step 1: Take out 8 common from each term
[tex]f(x)=8(x^2+\frac{1}{2}x)[/tex]
Step 2: Add and subtract square of half of coefficient of x
[tex]f(x)=8(x^2+\frac{1}{2}x+\frac{1}{16}-\frac{1}{16})[/tex]
Step 3: Factor the term inside parentheses
[tex]f(x)=8(x^2+2\cdot \frac{1}{4}\cdot x+(\frac{1}{4})^2)-8\cdot \frac{1}{16})[/tex]
[tex]f(x)=8(x+\frac{1}{4})^2-\frac{1}{2}[/tex] [tex]\because (a^2+2ab+b^2)=(a+b)^2[/tex]
Hence, The vertex form of f(x)
[tex]f(x)=8(x+\frac{1}{4})^2-\frac{1}{2}[/tex]
I NEED HELP PLEASE??!!!???
One half of some number
Identify the percent of change as increase or decrease then find the percent of change round to the nearest tenth of a percent (if necessary)
1. 6 yards to 36 yards
2. 6 hits to 3 hits
3. 120 meals to 52 meals
4. 35 words to 115 words
Suppose a cake was cut into 8 equal size pieces and 6 people ate all the pieces. Explain how they could have divided the pieces so that everyone ate the same amount of cake
find the value of the combination
Of the computer games Lynne owns, 5-12 are sport games and 3-12 are educational. What fraction of the games are either sport games or educational games?
Answer:
[tex]\frac{2}{3}[/tex]
Step-by-step explanation:
We have that:
Lynne owns 12 games.
Of those
5 are sports games
3 are educational
What fraction of the games are either sport games or educational games?
[tex]f = \frac{5}{12} + \frac{3}{12} = \frac{8}{12} = \frac{2}{3}[/tex]
if a/4 = b/7, what is the value of a-b/b ?
Dylan made his credit card payment at noon on the payment due date. According to Consumer Protection Law, how much time does the bank have to credit the payment to his account?
Answer:
Step-by-step explanation:
The transaction time is 24 hours or one business day.
Dylan made his credit card payment at noon on the payment due date. According to Consumer Protection Law, how much time does the bank have to credit the payment to his account? So, it is the same day/date or within 24 hours.
Final answer:
Banks are typically required to credit card payments to the customer's account by the end of the business day on which the payment was made, according to Consumer Protection Law. This ensures consumers are not unfairly charged late fees if payments are made on the due date.
Explanation:
The question concerns the timeframe within which a bank is required to credit a payment to a customer's account, according to Consumer Protection Law. If Dylan made his credit card payment at noon on the payment due date, the bank is typically required to credit the payment to his account by the end of that business day.
This requirement ensures that consumers are not unfairly penalized with late fees if they make their payment on the due date. It's essential for consumers to understand the specific policies of their credit card issuer and the relevant consumer protection laws to avoid any unnecessary charges. Timely payments are crucial for maintaining good credit health and avoiding additional fees.
Suppose P(E) = 0.3. Find P(not E). Suppose P(not E) = 65%. Find P(E).
What is the relationship between E and not E?
round the following number to the nearest hundredth which one of the numbers is in the hundreds place and does it go up or down I don't know which number is the hundredths place
On a softball field, home plate is 43 feet from the pitcher’s mound. A ball is hit at an angle of 27° east of the pitcher’s mound. The ball travels 162 feet before it is caught by an outfielder. Law of cosines: a2 = b2 + c2 – 2bccos(A) Rounded to the nearest foot, the outfielder must throw the ball feet to return it to the pitcher.
Answer:
The outfielder must throw the ball 125 feet to return it to the pitcher.
Step-by-step explanation:
It is given that On a softball field, home plate is 43 feet from the pitcher’s mound. A ball is hit at an angle of 27° east of the pitcher’s mound. The ball travels 162 feet before it is caught by an outfielder.
Now, applying the law of cosines,
[tex]a^2=b^2+c^2-2bccosA[/tex],
Putting b=43, c=162 and A=27°, we have
[tex]a^2=(43)^2+(162)^2-2(43)(162)cos27^{\circ}[/tex]
[tex]a^2=1849+26244-12413.4[/tex]
[tex]a^2=15679.6[/tex]
[tex]a=125.21[/tex]
[tex]a[/tex]≈[tex]125 feet[/tex]
Thus, the outfielder must throw the ball 125 feet to return it to the pitcher.
From a group of 10 candidates, a committee of 4 people is selected. In how many different ways can the committee be selected?
he circle shown below has AB and BC as its tangents: AB and BC are two tangents to a circle which intersect outside the circle at a point B. If the measure of arc AC is 160°, what is the measure of angle ABC? (1 point) 80° 40° 60° 20°
Answer:
m∠ABC=20°
Step-by-step explanation:
Consider quadrilateral ABCO. The sum of the measures of all interior angles in quadrilateral ABCO is equal to 360°.
Lines BA and BC are tangent to the circle, then the radii OC and OA are perpendicular to the tangent lines BC and BA. Therefore,
m∠BCO=90°;m∠BAO=90°.The measure of the angle AOC is 160° (because the measure of arc AC is 160°). So,
m∠ABC+m∠BCO+m∠BAO+m∠AOC=360°,
m∠ABC=360°-(m∠BCO+m∠BAO+m∠AOC)=360°-(90°+90°+160°)=20°.
Kendra bought a magazine for $3 and four paperback books for $5 each the expression 3 + 4 x 5 represents the total cost in dollars of her purchases what are the terms in this expression
Genna can build a cabinet in 4 hours. Claude can build a cabinet in only 3 hours. Which of the following can be used to determine the amount of time it would take for Genna and Claude to build a cabinet together? (2 point
What integer is equivalent to 9 3/2