Answer: Stan will buy 3 units of Candy bars and 5 units of Soda.
Explanation:
The optimal consumption bundle s given by the point where the indifference curve is tangent to the budget line. At this point, the slope of the indifference curve is equal to the slope of the budget line.
That is


This marginal utility per dollar is equal for consumption bundles,
1 unit of candy bar, 4 units of soda = Total expenditure = $6 < Income. Thus not optimal
3 unit of candy bar, 5 units of soda = Total expenditure = $11 = Income. Thus optimal bundle
5 unit of candy bar, 6 units of soda = Total expenditure = $16 > Income. Thus not optimal
7 unit of candy bar, 7 units of soda = Total expenditure = $21 > Income. Thus not optimal
Therefore, 3 units of candy bars and 5 units of soda is the only optimal bundle which utilizes all the income to maximize consumption.
Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.
<span>Examples of which are:
</span><span>
Land loan
Home construction loan
<span>Home mortgage
</span><span>Some equity loans
</span>Home improvement loan
Automobile loan
<span>Boat loans or RV loans specialty finance
</span>Student loan
Personal loan
<span>Vacation loan
I hope my answer has come to your help. Thank you for posting your question here in Brainly.
</span></span>
Answer:
c. brand advertising
Explanation:
<em>c. brand advertising </em>
It engage the consumer to purchase the product or service being advertised.
a. internal advertising
this adverize is done to hire vacants inside the company instead of hiring from utside the company
b. corporate advertising
Is done to put into radar of consumer the entire organization or company. It d not advertize for an individual brand or product.
d. institutional advertising
It is done to focus on the benefits, ideas, or philosophies of the organization. It is done to iprove the reputation. It buils positive image. It do not sale a product or service.
Answer: $3,719,548.95
Explanation:
As the amount will be an equal amount each year, it is an annuity. The lump sum to be paid in 6 years growing at 5% would be the present value of this annuity.
The payment will be;
FV = Payment * Future value interest factor of annuity, 6 years, 5%
25,300,000 = Payment * 6.8019
Payment = 25,300,000/6.8019
Payment = $3,719,548.95