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<u>Calculation of Edelman's market/book ratio:</u>
The market/book ratio is calculated with the help of following formula:
Market/book ratio = Market price per share / Book value per share
The Book value per share can be calculated as follows;
Book value per share =Common Equity/ Shares of common stock outstanding
= 8,000,000,000 /500,000,000
= 16
Hence ,
Market/book ratio = 25/16 = 1.56
Hence, Edelman's market/book ratio is <u>1.56</u>
The correct answer is D. Land
Explanation:
In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.
There technically is no age or limit but some people say 18.
Answer:
5 servings of fries and 2 burgers
Explanation:
The optimal solution to the maximization problem of a consumer is equivalent to the ratio of marginal utilities of goods and it is also equal to the price ratio of the goods. Mathematically:

The burgers and fries marginal utilities are
and
respectively while their prices are
and
respectively. Thus,

Further simplification:
F/B = 5/2 ; F = 2.5B
Using Antonio's budget income,
B = income/
- (
/
)*F
If we use the values in the problem, we have:
B = 20/5 - (2/5)*F = 4 - 0.4F
if we substitute F = 2.5B
B = 4 - 0.4*2.5B
B = 4 - B
B = 4/2 = 2
F =2.5B = 2.5*B = 2.5*2 = 5
Thus, given the budget constraint of Antonio, he can maximize his utility by eating 5 servings of fries and 2 burgers.