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77julia77 [94]
3 years ago
11

Suppose you have two indifference curves U 1 and U 2 representing the consumption of two normal goods. If U 2 is twice as far fr

om the origin as U 1, then _____.
Business
1 answer:
Alik [6]3 years ago
7 0

Answer:

The utility that U2 represents is twice as higher than the utility that U1 represents.

Explanation:

An indifference curve is the locus of combination of two commodities bundles that yield the same level of satisfaction or utility to the consumer.

An indifference map is a graph that present two or more indifference curves that yield different level of utility to the consumer.

The farther away an indifferent curve from the origin, the higher the level of utility the consumer derives from the combinations of two goods it represents.

Therefore, if we have two indifference curves U1 and U2 representing the consumption of two normal goods. If U2 is twice as far from the origin as U1, then the utility that U2 represents is twice as higher than the utility that U1 represents.

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Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The comp
wel

Answer:

Fixed manufacturing cost allocated to inventory= $9,000

Explanation:

Giving the following information:

Units in beginning inventory 0

Units produced 280

Units sold 240

Units in ending inventory 40

Fixed manufacturing overhead $63,000

<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>

First, we need to calculate the unitary fixed manufacturing cost:

unitary fixed manufacturing cost= 63,000/280= $225

Fixed manufacturing cost allocated to inventory= 40*225=$9,000

5 0
3 years ago
In the U.S., the iron and steel industry is concentrated in the: A.South B.North C.Midwest D.West
lesya [120]
I think the FIRST answer is North because then it goes to the MidWest.
4 0
3 years ago
A majority of employees surveyed believe that a top manager who violated ethics policies at their company would be
andrezito [222]
They would be rebuffed and considered responsible. It lays out measures of moral conduct and expert lead workers are required to keep up interior and amid connections with customers and accomplices. An infringement of the code implies you have acted in a way that conflicts with the code. Doing as such prompts outcomes, as laid out in the archive.
4 0
4 years ago
For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second
soldier1979 [14.2K]

Answer: Railways - the first industrial revolution, the Internet - the second, the technological - the oboe, the steam engine - the beginning, the telegraph - the first, the Feedback loops - second, The flying shuttle the first, The possibility of traveling from coast to coast in the US in under a wee - the first.

Explanation:

  • The Industrial Revolution brought about textural changes in people's lives, in everyday life, in the economy, in production. It went through several stages and always brought with it certain technological advances that made life easier for people. We link railways and the development of rail transport to the first industrial revolution. With steam technology, the first trains were launched and later this technology spread to the whole world. The emergence of the Internet is tied to the second half of the 20th century. It is a technology that has completely transformed the world, and without which life, today is almost impossible. When it comes to the technological revolution, it is still happening today. In this context, we bind it to both stages of the revolution. The advent of steamboats has been part of the technological revolution since the beginning of the 19th century, just like the advent of the Internet in the second half of the 20th century. The steam engine is part of the first technological revolution. Thanks to James Watts, transportation of people and goods was much faster and easier. The telegraph is part of the first technological revolution. The development of electricity has formed the basis for the electric telegraph. In 1832 Samuel Morse succeeded in developing the first stable and straightforward electrical messaging system, and in the following year received a patent for the invention.
  • The first real electric telegraph connected London and Birmingham and was built in 1838. The first operational amplifier to match its name was created by electronic tubing and built-in Bell's laboratories, United States, during 1941. This is a technology that we connect to backlinks and is part of another technological revolution. The invention of hydrogen, invented by the English physicist Henry Cavendish in 1767, solved the question of balloon filling. After many attempts by French physicist Jacques Charles, using a new invention to dissolve the rubber, he constructed a 380 m3 balloon with a bulletproof, hydrogen-filled shell that had a gas vent. The first steamboat to make a profit on sailing was built in 1807 (and patented in 1809) by the American Robert Fulton. However, the new boats were built even before the end of the 18th century.
4 0
3 years ago
The Bigdrill company drills for​ oil, which it sells for​ $200 million to the Bigoil company to be made into gas. The Bigoil
kirill [66]

Answer:

The total contribution to the​ country's GDP from companies Bigdrill and​ Bigoil is $600 million.

Explanation:

GDP = market value of the goods and services

        = $600 million

Therefore, the total contribution to the​ country's GDP from companies Bigdrill and​ Bigoil is $600 million.

6 0
3 years ago
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