Answer:
- <u><em>It is best for Jerilyn to use the $10 coupon when the value of the purchase is equal or lower than $66.67, and it is best to use the $10 coupon when the value of the purchase is greater than $66.67</em></u>
Explanation:
Assume the value of the purchase is P.
Then <em>15%</em> of P is 0.15P.
To obtain the maximum benefit from the <em>15% coupon</em>, <em>Jerilyn</em> should use it when the discount from it is greater than the discount from the $10 coupon. This is:
Divide both sides by 0.15:
If the value of the purchase is equal to $66.67 the total discount with any cuopon are equal; if it is lower than $66.67, the discount of the $10 coupon is greater.
Thus, you conclude that for a $66.67 purchase she should use the $10 cuopon and for a purchase greater than $66.67 she should used the 15% cuopon.
Netflix and social media played an important role in popularizing Marie Kondo.
Yes, Netflix and social media played an important role in popularizing Marie Kondo because the program of Marie Kondo is viewed by million of people across the world through the Netflix and social media and people are loving it which increase the popularity of Marie Kondo.
In my opinion the popularity of the show "Tidying up with Marie Kondo' is based on Marie Kondo only because the people know the method through this program and in my knowledge there is no one that achieve the same result so we can conclude that Netflix and social media played an important role in popularizing Marie Kondo.
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Answer: Option (A) is correct.
Explanation:
Price of good A = Price of Good B = $2
Income = $20
Therefore, from the above information, the budget constraint is as follows:
2A + 2B = 20
Both goods have an intercept value of 10 with A=4 & B=6 and the slope of indifference curve shows that marginal rate of substitution (MRS) is falling. This means that as we consume more and more units of a good, the utility obtained from that good decreases.
The utility derived from good B decreases as we consume more and more units of a good, since it is in larger proximity to the intercepts value.
Therefore, the consumer will pay to purchase more of good A as compared to good B at this point.
Answer:
equity:
-He cuts the pie into eight equal slices.
-He cuts the pie into many slices so that everyone gets a piece.
Efficiency:
-He lets one person eat the whole pie.
-He makes sure that the whole pie is eaten.
Explanation:
Equity deals with distribution i.e to ensure things are equally distributed
While
Efficiency is trying to make sure things are completely used up i.e act of preventing waste
For investors, <u>credit rating agencies </u>provide independent, easy-to-use measurements of relative credit risk.
A credit rating agency refers to a company that assigns credit ratings. A <em>credit rating agency</em> also serves as a basis for proper risk and return.
A credit rating agency is important as it helps in rating the ability of a debtor to pay back its credit. Therefore, for investors, credit rating agencies provide independent, easy-to-use measurements of relative credit risk.
In conclusion, credit rating agencies also rate the creditworthiness of issuers of debt instruments.
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