With an in-kind donation, donors donate time cash nothing goods or services

Alex has allocated his income in such a way that the marginal utility of the last unit of product X he consumes is 40 utils and

GalinKa [24]

Answer:

Price of y(Py)=$2 per unit

Explanation:

Marginal utility can be defined as the additional utility of a consumer as a result of the additional unit of goods consumed.

Let

Marginal utility of x= MUx

Marginal utility of y=MUy

Price of x=Px

Price of y=Py

Given

MUx=40 utils

MUy=16 utils

Px=$5

Py=?

Then,

MUx/Px=MUy/Py

40utils/$5=16 utils/Py

8 utils/$ =16utils/Py

Make Py subject of the formula by cross multiplying

Py×8= 16

Py=16/8

Py=$2 per Unit

Price of y=$2 per unit

6 0

3 years ago

President Roslin of Country XYZ knows that a new policy is needed to help solve the problem of rising unemployment in her nation

Aneli [31]

Answer:

I think that the correct answer would be A. to develop a plan. The reason that I think that this is the answer is because she has already identified the problem and the next step would be to create the plan

Explanation:

5 0

2 years ago

As the ceo of a mid-size airline, karyn knows that most commercial airplanes are manufactured by either airbus or boeing. To mit

Tems11 [23]

To mitigate the bargaining power of suppliers of the airline industry, karyn explores options for her company to manufacture its own airplanes.

<h3>What is bargaining power of suppliers?</h3>

Bargaining power of suppliers occur when companies or organization are under pressure when the price of the product they purchase from a supplier increase or when their is scarcity of the product.

Based on the scenario in order to mitigate Bargaining power of supplier karyn by telling the company to produce their own product.

Therefore to mitigate the bargaining power of suppliers the company should manufacture its own airplanes.

Learn more about Bargaining power of suppliers here:brainly.com/question/26500183

#SPJ1

7 0

2 years ago

If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency

FromTheMoon [43]

Answer:

a. 9,000; 10,000

Explanation:

The computation is shown below:

The money multiplier is

= 1 ÷ 0.10

= 10

Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.

And now if we considered the money multiplier, so it would be increased by

= $900 × $10

= $9,000

And, the increase in money supply is

= $9,000 + $1,000

= $10,000

Hence, the correct option is a.

4 0

3 years ago

1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for common sto

Sindrei [870]

Answer:

Part A:

August 1:

Cash $6,500

Photography equipment $$33,500

Madison Harris Capital $40,000

August 2:

Prepaid Insurance $2,100

Cash $2,100

August 5:

Office Supplies $880

Cash $880

August 20:

Cash $3,331

Photography fees earned $3,331

August 31:

Utilities expense $675

Cash $675

Total $46,986 $46,986

Part B:

Amount Debit($) Credit($)

Cash 6,176

Office Supplies 880

Prepaid Insurance 2,100

Photography Equipment 33,500

M.Harris Capital 40,000

Photography Fee earned 3,331

Utilities Expense 675

Total 43,331 43,331

Explanation:

Journal Entries:

It helps the company or firm to put all its transactions ion one sheet as debit and credit to keep track of its financial transactions. At the end total debit is equal to total credit.

Below are journal entries of above Transactions:

Amount Debit Credit

August 1:

Cash $6,500

Photography equipment $$33,500

Madison Harris Capital $40,000

August 2:

Prepaid Insurance $2,100

Cash $2,100

August 5:

Office Supplies $880

Cash $880

August 20:

Cash $3,331

Photography fees earned $3,331

August 31:

Utilities expense $675

Cash $675

Total $46,986 $46,986

Part B:

From Above Entries we can find the cash at the end:

Ending Cash=Total Debit Cash- Total Credit Cash

Ending Cash=(6,500+3,331)-(2,100+880+675)

Ending Cash=$6176

Preparing Trial Balance:

Amount Debit($) Credit($)

Cash 6,176

Office Supplies 880

Prepaid Insurance 2,100

Photography Equipment 33,500

M.Harris Capital 40,000

Photography Fee earned 3,331

Utilities Expense 675

Total 43,331 43,331

3 0

3 years ago