Answer:
INCREASE in Consumption of product Y
DECREASE in Consumption of product X
Explanation:
Based on the information given we were told that the already existing product (X) has a marginal utility of 10 utils as well as the price of the amounts of $5 while the new product (Y) has a marginal utility of 8 utils as well as the price of the amounts of $1 which means that PRODUCT Y marginal utility and price is lower than that of PRODUCT X marginal utility and price.
Therefore equal marginal principle suggests that Oscar should INCREASE his consumption of product Y and DECREASE his consumption of product X reason been that product Y has a lower marginal utility of 8 utils and the price of the amounts of $1 which means that his consumption of Product Y has to be INCREASED while product X on the other has a higher marginal utility 10 utils as well as the price of the amounts of $5 which means that his Consumption of Product X has to DECREASED.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The number of units that Starling Co. sold was 11200
<u>Explanation:</u>
Given -
Operating income = $28,800
Fixed cost = $38,400
Selling price of one unit = $12
Variable cost = $12
Number of units sold, n = ?
Contribution margin per unit = $18 - $12
= $6
Therefore, number of units that Starling Co. sold was 11200
A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.
I got B, C and D.
Let's go through the process of elimination and my explanation for my answers.
First A, with Stem you don't need to work good with customers because you are doing science, math, technology etc. Working good with customers wouldn't need to be a requirement. B. You will need to know how to work in laboratories, especially if you're going to be in science. Science stem usually has laboratories for scientists to do there discoverys on. C. Technology can be another job for stem careers, they can learn how to code and do other technology stuff. That would be a requirement while working for a Technology career in stem. D. Let's say you were working for a science career, you would need to analyze data to get accurate data stets. It would be a skill needed for that. E. Developing Bridges is something that would not be needed to practice or knowing how to do. Yes, Engineering could be a carrer but it would not just be needing to build a Bridge, you would need much more skill than that. F. <u>I want you to give that one a try,</u> that one is a tricky one. Let's find it out together. So, you need to know how to design products for Engineering, right? But is that one of the main skills for working? Find that one out and let me know <u>what you get. </u>
