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zaharov [31]
3 years ago
15

Suppose that the marginal utility of good y is 2x2 and the marginal utility of good x is 4xy. what is the slope of the indiffere

nce curve when y = 7 and x = 2? assume that good x is on the horizontal axis and good y is on the vertical axis.
Business
1 answer:
lesya [120]3 years ago
4 0
Answer: -7

Explanation: 

The slope the indifference curve is given by

\text{slope} = -\frac{\text{marginal utility of good }x}{\text{marginal utility of good }y}
\\
\\ \indent \text{slope} = -\frac{4xy}{2x^2} 
\\
\\ \indent \text{slope} = -\frac{2y}{x} 
\\
\\ \indent \text{slope} = -\frac{2(7)}{2} 
\\
\\ \indent \boxed{ \text{slope} = -7}
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Career patterns involving movement across specializations and disciplines are becoming less prevalent. True or False
tigry1 [53]

Answer:

False

Explanation:

Career patterns involving movement across specializations and disciplines are becoming more  prevalent. From the company’s perspective, failure to help employees plan their careers may result in a shortage of employees, low employee commitment, and ineffective use of training dollars. From the employee’s perspective, lack of career management may mean frustration, feelings of not being valued, and unable to find acceptable work should a job change be necessary. The career patterns are changing nowadays ,involving movement across specializations or disciplines . The more prevalent career patterns, involves more frequent job changes and across specializations .

4 0
3 years ago
How can firms ensure that their code of business ethics is read, understood, believed, remembered, and acted on rather than igno
igomit [66]

Answer: The best way to ensure that your company has read and understand the code of ethics is to establish a policy for employees to read it every year and that at the end of the reading, take a knowledge test with a minimum of 90% to pass.

Explanation: The code of ethics establishes parameters that standardize the behavior of people linked to a company. By conducting the assessment every year you ensure that people refresh the code of ethics. You can also offer tutorials that serve to get the message better before the evaluation and if someone fails the evaluation, that person must repeat it until they qualify at this 90%.

8 0
3 years ago
Hamill Company purchased equipment on January 3rd, 2022, for $70,000. The equipment is expected to be used for four years and 12
Stels [109]

Answer:

Annual depreciation= $32,500

Explanation:

Giving the following information:

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<u>To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

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5 0
3 years ago
Assets Liabilities and Net Worth
KiRa [710]

Answer:

The correct answer is $30 billions.

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=0.3 \times 140

=$42 billions

The excess reserves will be

=total reserves-required reserves

=$51-$42

=$9 billions

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=\frac{excess reserves}{required \ reserve\ rate}

=\frac{9}{0.3}

=$30 billions

So, the money supply can be expanded by a maximum amount of $30 billions.

5 0
3 years ago
Explain the four basic costs curves​
Makovka662 [10]

Answer:

<em>The output is represented along OX and cost along OY; AFC curve represents average fixed cost. AVC curve represents average variable cost, ATC curve represents average total cost (i.e., total of AFC and AVC and is called AC, i.e., average cost). MC curve represents marginal cost</em>

Explanation:

<h2>•|ᴥ jess ᴥ|•</h2>

#keep learning

4 0
3 years ago
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