Answer:
1. buy more salads and fewer sandwiches.
Explanation:
As we know that
Therefore
Now the price ratio is
It is probable if you rising marginal utility numbering and reduce denominator marginal utility. If you reduce their intake, the MU of a food item will raise. Such decrease in the composition would make the quantity of the food element scarce. And its usefulness goes up. The Numerator here is sandwich MU. And to increase their marginal utility, you can reduce sandwich consumption.
Salad should need just the reverse. You raise salad intake so the MU reduces. Therefore you have to eat more salads and less chicken sandwiches to maximise the utility. So, salad is replaced by sandwiches for chicken.
Answer:
For each can of soda he gets one in return.
Explanation:
If he gets one soda for another the logical answer is that for each trade he gets a soda but it also could mean that those are his two favorite.
Answer:
Nothing
Explanation:
Automatic premium loans provision is a benefit which is provided to the clients who already have a life insurance policy. It helps them to pay the premium from any cash value which is due. This provision is structured to help the clients and normally insurance companies charge no additional premium cost. It helps to prevent lapses in the policies.
Answer:
The total Present value of the stream of the firm cash flow is $79,348
Explanation:
Complete Question is as follows "Find the present value of the following stream of cash flows assuming that the firms opportunity costs is 9 percent.
1-5 years - $10,000 - Annual
6-10 years - $16,000 - Annual
Year Cash flow$ PVF at 9% Present Value$
[ 1/ (1+0.09)^n ]
1 10000 0.9174 9174
2 10000 0.8417 8417
3 10000 0.7722 7722
4 10000 0.7084 7084
5 10000 0.6499 6499
6 16000 0.5963 9540.8
7 16000 0.547 8752
8 16000 0.5019 8030.4
9 16000 0.4604 7366.4
10 16000 0.4224 <u>6758.4 </u>
Total <u>$79,348</u>
Answer:
The cost per equivalent unit for conversion cost is closest to: $1.39.
Explanation:
<u>First Calculate the Equivalent units of production with respect to Conversion Costs :</u>
To Finish Opening Work In Process (20,000 × 80%) = 16,000
Started and Completed (150,000 - 20,000) × 100% = 130,000
Closing Work In Process (40,000 × 25%) = 10,000
Equivalent units of production with respect to Conversion Costs = 156,000
<u>Then, Calculate the cost per equivalent unit for conversion cost :</u>
Note : <em>We are only interested in the costs incurred in the current year because the costs of Opening Work In Process will automatically go towards the completed units (FIFO).</em>
Cost per equivalent unit = Total Current Costs ÷ Total Equivalent units
= $ 217,000 ÷ 156,000
= $1.39
