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A local utility finds that when the price of natural gas (dollars per mcf) is 3.52 the average household uses 4.17 mcf. Further, when the price is 4.65 an average household uses 3.65 mcf. Calculate the slope of a linear function that describes this relationship. Use the price of natural gas as the independent variable.
When the price of natural gas is 3.12 per mcf, an average household uses 4.38 mcf. When the price of natural gas is 4.89, an average household uses 3.88 mcf. Calculate the usage of an average household when the price of natural gas is 3.67. The price of natural gas is the independent variable.
Can someone please explain these to me? They’re both different and I need help understanding.
Assume that in 2007 the U.S. Government issued a debt security with a purpose of consolidating all of the federal national debt. At the time of the issue, each security was priced at $15,000 and promised to pay 10% coupon rate indefinitely, just as i..
The publisher of a new book figures fixed cost at $92,000 and variable cost at $2.10 for each book produced. If the book is sold to distributors for $15 each, how many must be sold for the publisher to break even?
Does the equal marginal principle apply to personal decisions when you have limited income and time? How do you allocate a limited amount of study time when faced with three exams on the same day?
a homeowner can insulate his house and save $50 each year in heating bills. If the interest rates are 6%, should the house owner insulate or not.
BUECO5903 BUSINESS ECONOMICS Explain why some people 'lose' from inflation and why do some people 'win' from inflation and how did the classical economists interpret long-run unemployment?
q1. in reading the national business news that mortgage rates improved by 50 basis points. if mortgage rates were
Illustrate what are implications of computing a multiple regression when repressors are orthogonal. Illustrate what is significance of idempotent matrix.
a design-build engineering firm completed a pipeline project wherein the company realized a profit of 2.3 million in 1
Roy Rogers the lead broker at C-U Broke is interested in identifying whether there is a difference
You are the manager of a firm which produces also markets generic type of soft drink in a competitive market.
Determine the capitalized cost of $1,000,000 at time 0, $125,000 in years 1 through 10, and $200,000 per year from year 11 on. Use an interest rate of 10% per year. Show the standard notation, interest factor formula and solution
Joe makes monthly deposits of $1,000 into an account with an NAR of 8% and weekly compounding. What will this be worth in 5 years? (This can be done by converting both the rate and payments to weekly, monthly or annually)
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