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yanalaym [24]
4 years ago
12

Classify the following topics as relating to microeconomics or macroeconomics.

Business
1 answer:
maksim [4K]4 years ago
5 0

Answer:

Microeconomics

A firm's decision on which production method to use.

The effect of rent control on the housing market.

The effect of externality on the quantity produced by the market.  

A student's decision about how to allocate hi

Macroeconomics

The effect of an increase in income tax on national income.

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Josh's weekly budget for lunch is $24. He eats only pizza and burgers. Each pizza costs $6 and each burger costs $3. Josh knows
egoroff_w [7]

Answer:

The answer is: Josh's utility maximizing point is when he buys 2 pizzas and 4 burgers.

Explanation:

If Josh gets equal marginal utility per dollar spent when buying one pizza and 2 burgers, that means that every pizza and every burger give Josh 10.67 utility unit per dollar spent. So Josh can obtain maximum 16 units of utility with his budget and his purchasing options (= $24 x 0.67 units of utility per dollar). The way he can maximize his utility is by buying two packs of one pizza and two burgers per pack, since every pack will give him 8 units of utility.

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4 years ago
Zibb is a transnational electronics company based in Germany. It has factories in China, Mexico, and India. The company aims to
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It’s C) The geocentric orientation

I hope this helped out, have a nice day! :)
5 0
3 years ago
Which level of PPE uses APR/PAPR and also includes a chemical/splash over garment, double gloves and chemical resistant boots?
irina [24]

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3 years ago
An investment adviser representative who prepares financial plans for customers is also a registered life insurance agent in tha
Alex777 [14]

Answer:

D. Recommendation to buy life insurance does not make the investment advice any less objective.

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investment adviser representative are also regarded as financial planner are advisers that gives advice in term of financial service to firms or individual or his/ her customer

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