Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 26, 2024

Many students would like to own excessive sports car.is this considered demand?why or why not

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics A Problem Solving Approach

Authors: Luke M. Froeb, Brian T. McCann

1st Edition

0324359810, 9780324359817

More Books

Students also viewed these Economics questions

Question

★★★★★

Marshall pushes crates starting from rest across the floor of his classroom for 3 S with a net force as shown. For each crate, rank the following from greatest to least. a. Impulse delivered b....

Answered: 1 week ago

Question

★★★★★

A 10 kg/s steady supply of saturated-vapor steam at 500 kPa is required for drying a wood pulp slurry in a paper mill. It is decided to supply this steam by cogeneration, that is, the steam supply...

Answered: 1 week ago

Question

★★★★★

For the random variable X, it is known that E(X4) = 50, E(2X2 + 7) = 17. Then the variance of the variable Y = X2 equals (a) 25 (b) 50 (c) 75 (d) 94 (e) 100

Answered: 1 week ago

Question

★★★★★

Fifteen years ago the Acme Manufacturing Company bought a propane-powered forklift truck for $4800. The company depreciated the forklift using straight line depreciation , a 12-year life, and zero...

Answered: 1 week ago

Question

★★★★★

Q3. Let us consider the detection of the framing bit in the T1 carrier by the receiver. Assume that the data bits in a frame assume values of 1 and O with equal probabilities of 0.5 and independent...

Answered: 1 week ago

Question

★★★★★

Future challenges in American foreign policy, whether induced domestically or internationally, will likely: remain the fame increase decrease

Answered: 1 week ago

Question

★★★★★

MGT/726: Emerging Managerial Practices WK 5 - Summative Assessment: Transitioning to a Virtual Environment [due Mon] Exam Content Details & Information Imagine that you have been asked ta make a...

Answered: 1 week ago

Question

★★★★★

Reliability is a probability. Explain the numerical value used to determine the reliability that a manufactured good, piece of equipment, or system performs as intend. How does it work?

Answered: 1 week ago

Question

★★★★★

Help Save & Exit Submit Check my work E7-7 (Algo) Calculating Cost of Ending Inventory and Cost of Goods Sold under Periodic FIFO, LIFO, and Weighted Average Cost [LO 7-3] Oahu Kiki tracks the number...

Answered: 1 week ago

Question

★★★★★

1.2.8 A manufacturer can automate a certain process by replacing 20 employees with a machine. The employees each earn 24,000 per year, with payments on the last day of each month, with no sala- ry...

Answered: 1 week ago

Question

★★★★★

how can you obtain the following competencies through RTM (Hospitality, tourism, recreation management)work experiences and courses? Please explain each of them. 1) Community Knowledge 2)...

Answered: 1 week ago

Question

★★★★★

5. List at least three personal roles that you want to perform better. What can you imagine doing to perform better in these three personal roles. Use tomorrow to improve what you think can be...

Answered: 1 week ago

Question

★★★★★

10. Imagine that the goal has been reached. Now think about the path you have to take to reach the goal. How did you influence other people to achieve your goal? Imagine walking along the path you...

Answered: 1 week ago

Question

★★★★★

2. How do I perform this role?

Answered: 1 week ago

Previous Question Next Question