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State and explain a determinant of demand for a product.

There are many possible answers, including: the price, the quality, advertising, branding, promotions, and the price and closeness of substitutes or compliments. There are also macroeconomic factors such ...

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Answered by Dan T. Economics tutor
2070 Views

Charlie goes to the shop and buys six cookies, three ice creams, and four chocolates. Cookies cost 60p, Ice creams cost £1.70 and chocolates cost 65p. How much does Charlie spend?

To find out how much Charlie spends in total, you have to figure out how much he spends on each type of thing, and then add them together. To find how much he spends on each kind of thing, you have to mul...

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Answered by Dan T. Maths tutor
2531 Views

Solve for x, y, and z: 5x - 2y = 19 , 3x + 3z = 21 , y + z = 2

Like when there are two unknowns, the best way to solve this kind of problem is to rearrange and substitute, but because there are three unknowns, it's a bit more fiddly. To solve this you want to pick an...

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Answered by Dan T. Maths tutor
7146 Views

Shower-cleaner liquid is sold in spray bottles. The volume of liquid in a bottle may be modelled by a normal distribution with mean 955 ml and a standard deviation of 5 ml. Determine the probability that the volume in a particular bottle is:

a) at most 960 ml

Let X be the volume of liquid in a particular bottle, then we want to find P(X <= 960). We first need to transform from X to Z (to the standard normal distrib...

SS
Answered by Sarah S. Maths tutor
5863 Views

A gym has 275 members. 40% are bronze members. 28% are silver members. The rest are gold members. Work out the number of gold members.

Firstly, we can calculate the total percentage of gold members = Total - bronze - silver

Therefore, %gold = 100% - 40% - 28% = 32%

So we know that 32% of 275 members are gol...

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Answered by Sarah S. Maths tutor
9263 Views

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