Answer:
Yes, there is no need to change the eatings habits
Explanation:
Ari will maximize utility until
MU / P for both is equal in order to be at equilibrium
So, in this case,
For Hot dogs
= MU / P
where
MU is marginal utils, which is 20
P is Price, which is $2
So,
= 20 / $2
= 10
For Hamburgers
= MU / P
where
MU is marginal utils, which is 25
P is Price, which is $2.5
So,
= 25 / $2.5
= 10
Therefore, MU / P for hot dog = MU / P for Hamburger
Hence, there is not need to change the eatings habits.
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Explanation:p;/'l;'
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Answer:
a. Salary for the second year:
Salary is to increase by 4% in second year.
= 53,000 * (1 + 4%)
= $55,120
b. Third year salary:
Second year salary will increase by 5.5%
= 55,120 * (1 + 5.5%)
= $58,151.60
c. Fourth year salary:
Third year salary to increase by 11.1%
= 58,151.60 * (1 + 11.1%)
= $64,606.43
Answer: A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all
Explanation:
Good Corporate Citizens care about the integrity of the Business world and the trust people should have in it.
To then it is imperative that they help foster social benefits as well as financial benefits for all to partake in and enjoy from.
Answer:
$1,642.83
Explanation:
The amount after four years can be calculated using the formula below
A = P(1 +r)^n
where A= amount
P = Principal amount $1500
r= interest 2.3% or 0.023
n = time in year; 4
A = $1500(1 + 0.023)^4
A= $1500(1.023)^4
A=$1500x 1.095222
A=$1,642.83
