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Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $0.75 and price of peanuts is $1.50.
a. Write the budget equation and use it to construct a table showing the alternative combinations of the two products that are available.
b. Plot the data in your table as a budget line in a graph by showing the values of both Y-intercept and X-intercept, and explain what the budget line means.
c. Write down the formula showing the slope of the budget line in terms of the two prices? Use the formula to find the slope of the budget line? Why is the slope negative?
d. What is the opportunity cost of one more candy bar? One more bag of peanuts? Explain!
e. Suppose income double. How will this affect your budget line? Draw the new budget line. Explain!
At alpha = 0.05, what is the critical value for this test if I were to test 5 batteries from Walmart?
1. Define 'data', 'information' and 'knowledge'. What are the major challenges in managing information systems?
Edgar and Sons, a local manufacturer of a product that sells for $13.50 per unit. Variable cost per unit is $7.85 and fixed cost per period is $1 220. Capacity per period is 1100 units.
Can you name one cost estimation method pro and con? and also Why do we generally prefer the bottom-up estimation method?
In the CRC error detection scheme, the chosen pattern is P(x) = x 4 + x + 1. Given the message bits D=10010011011, determine the FCS bits to be added to make the complete frame for transmission.
Discuss how the business requirements drove the system's initial development. Describe the type and basic uses of the system, how the system has helped the organization, and any likely future development plans.
Submit a 1- to 2-page document containing the screen shot of the DFD and the description of the decisions you made for representing this process.
The escalator at St. Petersburg Metro in Russia has a vertical rise of 195.8 feet. If the angle of elevation of the escalator is 10° 21 36, find the length of the escalator.
Explain the main differences between white hat and grey hat hackers. Provide a brief example of a grey hat hacker.
Write extended paragraphs to answer each question below. Answer ALL PARTS of the question. Your answers may consist of 3 or 4 paragraphs for each question.
When is the ladder rung considered as having logic continuity?
Let G be a context free grammar with productions S->ABAC , A->aA|? , B->bB|? , C->d Transform G to an equivalent G' that has no ? productions and no unit productions
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