Answer:
These data suggest that Ms. Thomson should buy less of B and more of A.
Explanation: When comparing the marginal utility of two products, it is advised that a consumer should buy more of the product that give them the highest marginal utility per unit money spent on such a product.
What this basically means is this, for a consumer to maximize their utility, they should spend more on products that yield the highest marginal utility per unit money.
Therefore in the scenario given above, we will calculate to see which product yields the highest marginal utility.
For product A, the marginal utility per dollar is 16/2 = 8.
For product B, the marginal utility per dollar is 24/4 = 6.
We can now see that Product A has this higher marginal utility per dollar, and therefore, more of this product should be consumed and less of Product B should be consumed.
Answer:
A) marginal costs of exported goods to exceed the marginal costs of goods sold domestically.
Explanation:
In the case when there is the monopolistic competition so the trade cost that lies between the countries could result in the marginal cost with respect to the goods that are exported should be more than the marginal cost of the goods that sold domestically
So as per the given situation, the option a is correct
Answer:
Limited Liablity Company
Explanation:
A Limited liability Company is an independent legal entity. It is a business structure whose owners are not liable for its liabilities. The obligations of a company are separate from those of its owners.
For Bill, a limited company will be the best form of partnership. Forming a company requires two or more people or entities coming together and establishing a new business. Bill and the drug company qualify to create a new company. In the event of liability form sickness, Bill will be liable to the extent of his share contribution.
Answer:
Inventory $16,933
Notes receivable—due before December 31, 2018 368
Debt investments (short term) 2,008
Accounts receivable 5,785
Cash 9,215
Explanation:
Current Assets Section consists of Asset items that can be converted into cash within the period of 12 months.
Conversion happens in order of liquidity. Which means how much cash can be realized from conversion of a non-monetary asset in short term.
The order is given as <em>below</em>:
Inventory $16,933
Notes receivable—due before December 31, 2018 368
Debt investments (short term) 2,008
Accounts receivable 5,785
Cash 9,215