Answer:
The marginal utility of chili must be 28.57 for the consumer to maximize total utility.
Explanation:
The marginal utility of chili at which the consumer maximizes total utility can be calculated as follows:
Let:
CCHIP = Cost of a bag of chips = $1.75
MUCHIP = Marginal utility of a bag of chips = 20
CCHILI = Cost of a cup of chili = $2.50
MUCHILI = Marginal utility of a cup of Chili = ?
The condition for the utility maximization of the consumer is as follows:
MUCHIP / CCHIP = MUCHILI / CCHILI ……………………………. (1)
Substituting all the relevant values into equation (1) and solve for MUCHILI, we have:
20 / 1.75 = MUCHILI / 2.50
(20 / 1.75) * 2.50 = MUCHILI
MUCHILI = 28.57
Therefore, the marginal utility of chili must be 28.57 for the consumer to maximize total utility.
You have to find your local SSA
The action that is reflected above shows the equity among sexes. This country believes that whatever education that its male constituents should also be received by the females. That is because women should also be given the privilege to learn.
Answer:
The price of the bond is 2143,67
Explanation:
A zero coupon bond is a bond that does not pay coupon payments and instead pays one lump sum at maturity.
Zero coupon bond value= F/(1+r)^t
F = face value or a par value
r= rate of yield per period
t= time to maturity ( in periods)
Replacing
F = $10,000
We assume semiannual compounding periods
r= 5.2/2=2.6
t= 30 x 2=60
Zero coupon bond value= $10,000/(1+0.026)^60
Value = 2143,67
Personalized products are a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting system would help personalized products by helping management identify cash flow and other financial difficulties more quickly.
Customizing items to suit clients' unique requirements and preferences is known as product personalization. These personalized products may be made-to-order utilizing a conventional production process with a variety of options offered within existing parameters or they may be specially manufactured items made for a particular customer.
The majority of customers are more inclined to make purchases from a merchant who offers more pertinent messages, recommendations, and incentives as well as experiences that are more catered to their unique interests.
The company will be able to provide more items than was previously possible thanks to quicker updates, shorter time-to-market, and improved business procedures using automated and collaborative workflows.
To learn more about product personalization refer to:
brainly.com/question/15006525
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