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2 years ago

If you don't own a home or a car, your liability is

Business

1 answer:

muminat2 years ago

8 0

If you don't own a home or a car, your liability is b. lower than one who owns both.

<h3>What is a Liability?</h3>

This refers to the legal state of a person who is responsible for something that is put in his care.

Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.

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Choose the term that best matches the description given.

OleMash [197]

Answer:

supply

Explanation:

it is how much of something you have to sell

3 0

3 years ago

In a free competitive market what is the rationing mechanism

enot [183]

A competitive market has many producers competing with one another to satisfy the wants and needs of many consumers. In a free competitive market, the prices of goods and services are set by the consumers and supply and demand aren't regulated by the government. Knowing this, in a free competitive market the rationing mechanism is based on price.

6 0

3 years ago

Stella is currently spending all of her weekly income purchasing the two goods that she likes cookies and milk. She is currently

Ivan

Answer:

Stella should consume less of milk and more of cookies to maximize total utility.

Explanation:

The price of cookies is $9, and the price of milk is $3.

Stella consumes 10 cookies and 5 cartons of milk.

The marginal utility of 10th cookie is 50 utils and the marginal utility of 5th carton of milk is 25 utils.

Her total utility will be maximized if the ratio of marginal utility and price will be equal for both cookies and milk.

Ratio for cookies

= $\frac{MUx}{Px}$

= $\frac{50}{9}$

= 5.55

Ratio for milk

= $\frac{MUy}{Py}$

= $\frac{25}{3}$

= 8.33

Since the ratio is higher for milk, it means that Stella should consume less of milk and more of cookies to maximize total utility.

8 0

3 years ago

Joe, a hard and productive worker, quit because he couldn’t get along with his coworkers. this would be diagnosed as a(n) ______

anastassius [24]

The answer to this question is: Group level problem
Group level problems refers to the problem that arised within different individuals in one social group.
The cause of this type of problems could range from leadership, emotional, ambition, Clashes between opinion, difference in job standards, etc.

8 0

3 years ago

The nations of Utopia and Paradise both produce popcorn and cola. They currently do not trade. Below are the Production Possibil

Nadya [2.5K]

Answer and explanation:

The following attached files

give a comprehensive breakdown of solutions

to the questions

5 0

3 years ago