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mrs_skeptik [129]
4 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]4 years ago
6 0

Answer:

D. not changing his purchases of chocolate and vanilla

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The power to grant or withhold budget requests of agencies may be one of ________ most potent weapon in controlling the bureaucr
skad [1K]

Answer:

_Congress's_

Explanation:

The power to grant or withhold budget requests of agencies may be one of __Congress's______ most potent weapon in controlling the bureaucracy.

It the Congress who is responsible for the the budget allocation and distribution for the agencies according to The american constitution. This how they control the bureaucracy.  

6 0
3 years ago
Behavioral economists attribute some consumer behavior to the endowment effect. Which of the following is an example of the endo
tensa zangetsu [6.8K]

Answer:

B. Being unwilling to sell a painting that you already own

Explanation:

Endowment effect is when individuals value things they own more highly than things they don't own. The endowment effect postulates that individuals are unwilling to exchange things they own for something else of equal value.

The amount people would be willing to accept in exchange for the good they own is usually very high compared to the true value of the object they own.

I hope my answer helps you.

3 0
3 years ago
Max wants to become a dentist. He knows he needs to keep his GPA high to reach this goal. Which of the following is a mid-term g
larisa [96]

Answer: A goal refers to something you want to achieve. These goals could be short term, mid-term and long term. Short term goals are the ones you want to accomplish in less than a year. Mid-term goals refers to the things you want to achieve in three to five years and long term goals refers to things that take 10 years to accomplish.

(Guessing, i could be wrong but i like helping so here your go i guess)

Explanation:

DOs and DON’Ts

DO Organize your response. Look at the question; it has a natural

organizational pattern – a blueprint.

DO Ask your friends and family to help you remember all the details

from which you can select when you write your essay. It is easy

to forget things you have done in the past.

DO Fit your essay into the big picture of your application. If you say

you have always wanted to be a veterinarian, but have no

evidence to show that you have ever been exposed to that

career, your words will be suspect.

DO Show what you are like as a person, but be as selective as

possible. This is not a biography, but a demonstration of the

characteristics that prompted your career choice.

DO Find a controlling idea for your essay. Smooth prose leaves a

good impression. A series of short, curt sentences does not.

DO Find a controlling idea for your essay. Smooth prose leaves a

good impression. A series of short, curt sentences does not.

DO Be positive and upbeat in tone.

DO Show that you know something more about the field you have

chosen than what you have seen on TV or in movies.

DO Take your drafts to the College Writing Center or ask a

guidance counselor for help. Does the essay flow? Is the main

point clear? Do you sound like a real person (preferably an

interesting real person)? Do you have enough detail? Too much

detail?

DO Revise the essay and proofread.

DO Show your final draft to friends. Ask them, “Does this sound like

me?”

DON’T Just tell a story. You want to explain your career goals in

an interesting way, not entertain with descriptive

adjectives.

DON’T Assume names of people and places give enough

information. Describe your activities and experiences as

they relate to your career goals.

DON’T Write what you think the scholarship committee wants to

hear. The committee members can detect b.s. before

opening the packet.

DON’T Use clichés or generalities. This wastes valuable space and

time.

DON’T Brag. Trust that your good points will shine through

7 0
3 years ago
Read 2 more answers
Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price cei
vekshin1

Answer:

The correct answer is 'C'

Explanation:

The quantity demanded of physicals increases, and the quantity supplied of physicals decreases.

7 0
3 years ago
Read 2 more answers
Name three questions that could be asked to assess current profitability levels for each product and how profitability could be
Marina86 [1]

Three questions that could be asked to assess current profitability:

1. Are you selling the right product?

2. Are you selling at the right price?

3. Are you selling to the right customer?

Four ways to increase business profitability

There are four key areas that can help drive profitability. These are reducing costs, increasing turnover, increasing productivity, and increasing efficiency. You can also expand into new market sectors, or develop new products or services.

Why is profitability important for a business?

The success of any business depends on its ability to continually earn profits. Profit equals a company's revenues minus expenses. Earning a profit is important to a business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.

What does improve profitability mean?

Profitability is not the same as profits. One of the main ways to increase business profits is to sell more, whereas improving profitability means making more profit from the resources you have and sales you make – you don't have to sell more to be more profitable.

Learn more about profitability:

brainly.com/question/21355343

#SPJ4

4 0
2 years ago
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