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rewona [7]
4 years ago
5

The typical pattern revealed when consumers choose is that as the quantity consumed of some product rises,

Business
1 answer:
Serggg [28]4 years ago
5 0
<span>Total utility will rise for this product, but the marginal utility of the product will fall. This makes sense: as a person uses more of a product, they tend to get less and less benefit from it, up to a point where they will actually start to have a negative utility and begin to lose interest in the product.</span>
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Liam is setting up folding chairs for a meeting. If he arranges the chairs in 7 rows of the same length, he has 3 chairs left ov
Schach [20]

Answer:

59

Explanation:

Let x = length of the rows

we can derive two equations from this question

1. 7x + 3

2. 5x + 19

Since the number of chairs are equal in the two equations :

7x + 3 = 5x + 19

solve for x

2x = 16

x = 8

Substitute for x in either equations

7(8) + 3 = 59

5(8) + 19 = 59

7 0
3 years ago
An all-equity firm is considering the following projects:
Elza [17]

Answer:

a)

Project Y and Project Z

b)

Project X and Project Y

c)

Project X and Project Z

Explanation:

Apply the CAPM to calculate the required return for each project as followed:

Project W: 4% + 0.75 * (11%-4%) = 9.25%

Project X: 4% + 0.90 * (11%-4%) = 10.3%

Project Y: 4% + 1.15 * (11%-4%) = 12.05%

Project Z: 4% + 1.45 * (11%-4%) = 14.15%

So, for:

a)

Which projects have a higher expected return than the firms 11 percent cost of capital: Project Y 12.8% and Project Z 13.9% which are given.

b)

Project should be accepted is project that has expected returns higher than required return which is Project X and Project Y.

c)

Using the firm's overall cost of capital as a hurdle rate:

Project Z will be accepted which is incorrect because its Required returned is higher than its expected returns ( 14.15% > 13.9%)

Project X will be rejected which is incorrect because its Required returned is lower than its expected returns ( 10.3% < 10.8%).

5 0
4 years ago
As the video showed, there are many people who are so concerned about the viability of banks, and indeed the entire financial sy
sergeinik [125]
Hard question thx for the points give me brainlest points plz
6 0
3 years ago
This problem Set is based on materials covered in modules 1 and 2. It is designed for you to demonstrate your understanding of b
Vilka [71]

Answer:

operating Income = Sales – Variable Costs – Fixed Costs

A CVP analysis is used to determine the sales volume required to achieve a specified profit level. Therefore, the analysis reveals the break-even point where the sales volume yields a net operating income of zero and the sales cutoff amount that generates the first dollar of profit.

Cost-volume profit analysis is an essential tool used to guide managerial, financial and investment decisions.

COST-VOLUME PROFIT ANALYSIS

Contribution Margin and Contribution Margin Percentage

The first step required to perform a CVP analysis is to display the revenue and expense line items in a Contribution Margin Income Statement and compute the Contribution Margin Ratio.

7 0
3 years ago
Fixed overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was
Liono4ka [1.6K]

Answer:

$208,000

Explanation:

Calculation for fixed overhead applied

Using this formula

Fixed overhead applied =Budgeted Fixed overhead+Fixed overhead volume variance

Let plug in the formula

Fixed overhead applied =$200,000+$8,000

Fixed overhead applied=$208,000

Therefore Fixed overhead applied must be $208,000

3 0
3 years ago
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