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il63 [147K]
3 years ago
7

The consumer's budget constraint is $6 = 0.50g + p, where g is packs of gum and p is bags of pretzels. the marginal utility of p

retzels is mup = g0.5, and the marginal utility of gum is mug = 0.5g–0.5p. the consumer's utility function is u = g0.5p. the utility-maximizing bundle consists of _____ packs of gum and _____ bags of pretzels.
Business
1 answer:
Serga [27]3 years ago
8 0

Answer:

The answer is 4 packs of gum and 4 sacks of pretzels .

Explanation:

A purchaser dependably attempts to expand his fulfillment. Be that as it may, in this interest, he is hampered by his restricted cash wage, i.e., spending plan. A spending line is characterized as the available mixes of two products, given the costs of every great and shopper's wage. Along these lines the spending imperative depicts the diverse measure of two wares that a shopper can bear.  Expect that a buyer has a settled cash salary, M, to buy two merchandise, X and Y whose costs are PX and PY, individually. Likewise accept that PX and PY are settled.

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Which of these is a consumer right recognized by the United Nations? a. right to equality b. right to openness c. right to educa
Gala2k [10]

Answer:

c. right to education

Explanation:

The United Nations Convention for Contracts on International Sale of Goods (CISG) refers to an international trade agreement for the sales of goods in the international market. The Contracts for the International Sale of Goods (CISG) was adopted at the Vienna Convention in 1980.

The main purpose of the international trade agreement is to eliminate or remove any barrier arising from the various domestic laws put in place by different countries with respect to international sales of goods or products.

Also, the Contracts for the International Sale of Goods (CISG) establishes a set of rules to govern and regulate the making and performance of commercial contacts between a buyer and a seller of goods.

The right to education on a particular goods or service is a consumer right recognized by the United Nations (UN).

Additionally, the international trade agreement has helped to make the international sales of goods to be less cumbersome, unambiguous and mitigated the chances of dispute among countries.

3 0
3 years ago
Consider the following pre-merger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms h
anastassius [24]

The share price for the merged firm is $48.09. Therefore, the correct option is C

<u>Explanation:</u>

(a)-Net Present Value (NPV)

Net Present Value (NPV) = Market Value of the Target Firm + synergistic benefit – Acquisition Value

= [3600 Shares multiply $19] plus $16700 minus [3600 Shares multiply $21]

= $68400 plus 16700 minus 75600

= $9500

“Net Present Value (NPV) = $9500  

(b) Share Price

Share price = [Market Value of the Bidding firm + NPV] / Number of shares of the Bidding firm

= [( 8700Shares multiply $47) plus $9500] / 8700 Shares

= [$408900 + 9500] / 8700 Shares

= $48.09 per share

“Share Price = $48.09 per share”

4 0
3 years ago
Consumers are buying _______________ goods when they switch between brands of convenience goods out of boredom or the desire to
suter [353]

Answer:

Variety-seeking.

Explanation:

Consumers are buying variety-seeking goods when they switch between brands of convenience goods out of boredom or the desire to change. Purchases may have been pre-planned in that consumers "knew" they were going to purchase a specific product or brand but changed their minds in-store, deciding to try something different. Variety-seeking behavior is depicted by the consumers when they have very low involvement with in the buying process and there are significant differences are also present among brands. Consumers do lot of brand switching here. Consumers switch brands only for the sake of trying something new rather than dissatisfaction with the brand.

7 0
3 years ago
A bank is legally required to hold a fraction of its ________ as ________. deposits; required reserves deposits; excess reserves
GaryK [48]
<span>A bank is legally required to hold a fraction of its deposits as required reserves. These regulations are a requirement and set by most banks around the world. They set minimum amounts that must be held all the type to serve as a reserve in case of an </span>emergency. 
5 0
4 years ago
The loan period does not affect the total cost of the loan
Ne4ueva [31]
True true true true true true true
6 0
4 years ago
Read 2 more answers
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