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mrs_skeptik [129]
3 years ago
9

Bobby consumes only chocolate and vanilla ice cream and he is spending all of his income. For the last scoop of chocolate and va

nilla ice cream that he bought, his marginal utility of chocolate is 100 and his marginal utility of vanilla is 250, and the price of chocolate is $1.00 per scoop and the price of vanilla is $2.00 per scoop. Bobby would maximize his utility by
_____________________________________ ice cream. Assume that Bobby could buy any fraction of a scoop of (e.g., he could buy ½ scoop) of ice cream (continuous in quantity).

A. only purchasing vanilla ice cream, but no chocolate
B. purchasing more chocolate and less vanilla
C. purchasing more vanilla and less chocolate
D. not changing his purchases of chocolate and vanilla
E. only purchasing chocolate ice cream, but no vanilla
Business
1 answer:
tangare [24]3 years ago
6 0

Answer:

D. not changing his purchases of chocolate and vanilla

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In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco
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Answer:

He has to deposit $750.46 every month into the account

Explanation:

Future value id the accumulated amount of principal and compounded interest at the end of a specific investment period.

Assuming interest is compounding every month, use following formula to calculate the amount of payment each month.

FV = PV x ( 1 + r )^n + A x ( ( 1 + r )^n - 1 ) / r

$57,000 = $10,000 x (1+0.1%)^5x12 + A x ( ( 1+0.1% )^5x12 -1 ) / 0.1%

A = { $57,000 - [ $10,000 x ( 1 + 0.001 )^60 ] } / [ ( ( 1 + 0.001 )^60 )-1 / 0.001 ]

A = ( $57,000 - $10,618.05 ) / 61.80471

A = $46,381.95 / 61.80471

A = $750.46

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3 years ago
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8 0
2 years ago
According to McGregor which of the following characterizes the assumptions of a Theory X manager?
Korvikt [17]

Answer:

All of the above

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2.people are not ambitious. They would rather avoid responsibility

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7 0
3 years ago
The complete portfolio refers to the investment in _________.
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In finance speak, a portfolio refers to a collection of investments or financial assets held by an individual, investment company, financial institution or hedge fund. This grouping of financial assets can include everything from gold and property to stocks, bonds and cash equivalents.

Explanation:

Hope this helps :)

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An augmented product is any extra value that is attached to a physical product that is sold.
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An augmented product is something that has physical and non-physical attributes that add to the value of the product itself. 
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