Use the Table Below to Answer the Following Question(s) -According to the Model, What Is the Distance Between Shirley's

question 24

Multiple Choice

Use the table below to answer the following question(s) .
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates) of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
$\begin{array}{l}\text { Bungalow Location }\\\begin{array}{|l|l|l|l}\hline & & & \\\hline \text { Data } & \text { X-coordinate } & Y \text {-coordinate } & \text { Trips/Month } \\\hline \text { Location } & 0 & 0 & 6 \\\hline \text { Bungalow 1 } & 25 & 100 & 30 \\\hline \text { Bungalow 2 } & 20 & 75 & 15 \\\hline \text { Bungalow 3 } & 90 & 80 & 28 \\\hline \text { Bungalow 4 } & 60 & 100 & 10\end{array}\end{array}$

-According to the model, what is the distance between Shirley's new accommodation and Bungalow 5?

• A)54.62
• B)25.08
• C)14.53
• D)91.16

Identify different types of economic resources and capital.

Understand the role and characteristics of an entrepreneur.

Comprehend the rational behavior assumption in economics and its implications for decision-making.

Understand the basic purpose and utility of economic models.

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Definitions:

Air Pollution Control System

Technologies and measures designed to reduce or eliminate the emission of pollutants into the atmosphere.

Operating a Car

The act of controlling and managing the functions and movement of a motor vehicle.

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, serving as a broad measure of economic activity.

Economic Output

The total value of all goods and services produced by an economy over a specific time period.