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Anna007 [38]
4 years ago
6

In making decisions about what to consume, a person's goal is toA) allocate her limited income among all the products she wishes

to buy so that she receives the highest total utility.B) buy low-priced goods rather than high-priced goods.C) maximize her marginal utility from the goods and services she wishes to buy using her limited income.D) consume as many necessities as possible and then, if there is money left over, to buy luxuries.
Business
1 answer:
elena55 [62]4 years ago
7 0

Answer: Option (C) is correct.

Explanation:

While making decisions about the consumption, a person wishes to maximize their marginal utility drive from every unit rather than total utility.

Marginal utility refers to the satisfaction that a consumer can get from the consumption of one additional unit of goods and services.

So, consumer wants to maximize marginal utility from the products that he/she is buying with the limited level of income. They want to utilize their limited income in a best possible manner.

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"Assume that the scales, software and calibration service are all separate performance obligations. How much revenue will Ortiz
bezimeni [28]

Answer: $77250

Explanation:

Your question isn't complete. I saw a similar question so here is it.

On July 15, 2021, Ortiz & Co. signed a contract to provide EverFresh Bakery with an ingredient-weighing system for a price of $79,200. The system included finely tuned scales that fit into EverFresh's automated assembly line, Ortiz's proprietary software modified to allow the weighing system to function in EverFresh's automated system, and a one-year contract to calibrate the equipment and software on an as-needed basis. (Ortiz competes with other vendors who offer ongoing calibration contracts for Ortiz's systems.) If Ortiz was to provide these goods or services separately, it would charge $51,000 for the scales, $10,000 for the software, and $39,000 for the calibration contract. Ortiz delivered and installed the equipment and software on August 1, 2021, and the calibration service commenced on that date. Assume that the scales, software and calibration service are viewed as one performance obligation. How much revenue will Ortiz recognize in 2021 for this contract?

This will be calculated as:

Scales = $51000

Add: Software = $10,000

Add: Calibration service = $39000 × 5/12 = $16250

The total revenue that will be recognized will be:

= $51000 + $10000 + 16250

= $77250

6 0
3 years ago
One of the great benefits of LLCs, and one that helps promote investment, is the fact that____________.
baherus [9]

Answer:

foreign investors are allowed to become LLC members.

Explanation:

Limited Liability Companies  (LLC)

This type of company in the US It offers an interesting alternative to its members in the sense of combining the benefits of the two most used forms of association such as "corporations" and "partnerships". Of the characteristics of the “corporations”, the LLCs offer limited liability (as opposed to the general partnerships) and of the characteristics of the “partnerships”, the LLCs have the possibility to pass-through the income tax and of losses Similarly, the management of the company may be either at the head of its members, or at the head of a company administrator, as provided by its bylaws. It is for the above, that LLCs have become an attractive alternative within the forms of association

In the USA.

In addition, one of the great advantages that it possesses thanks to the political regulations that it presents is that foreigners have permission to become members of LLC

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3 years ago
In the broadest sense, economics studies the choices that
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Consumers make that affect the decisions of the suppliers.
5 0
3 years ago
AI Rubber is one of four suppliers of molded rubber products and has a 45% market share. The market for its products is shrinkin
igomit [66]

Answer:

(B) a cash cow

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<u>It growth rate is decreasing, but their market share is high. It is a cash cow</u>

This means it is a division which generates cash. It proceeds should be used to generate stars.

<u>Start: high market share high growth</u>

It will be a division with their growth increasing, in this case is decreasing.

<u>question mark: high growth low market share</u>

Al Rubber is the complete opposite, its market share is high and it growth is decreasing.

<u>dog: low growth low market share</u>

While the growth is low, the market share is high, so it is not a dog.

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IDENTIFY THREE THINGS A DEED OF PARTNERSHIP CONTAINS
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Answer:

Name of the firm as determined by all the partners.

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The date on which business commenced.

Explanation:

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