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earnstyle [38]
2 years ago
9

Anne has chosen how many bagels and how many units of cream cheese she would buy this month. She has $20 to spend on these two g

oods. Suppose that her chosen combination, the marginal benefit per dollar for bagels is $6, and her marginal benefit per dollar for cream cheese is $10. If she decides to buy more bagels and less cream cheese, ________. Group of answer choices her marginal benefit per dollar for bagels will increase, and her marginal benefit per dollar for cream cheese will remain the same her marginal benefit per dollar for bagels will decrease, and her marginal benefit per dollar for cream cheese will increase her marginal benefit per dollar for bagels will decrease, and her marginal benefit per dollar for cream cheese will remain the same her marginal benefit per dollar for bagels will increase, and her marginal benefit per dollar for cream cheese will decrease
Business
1 answer:
Colt1911 [192]2 years ago
5 0

Answer:

The correct answer is:  her marginal benefit per dollar for bagels will decrease, and her marginal benefit per dollar for cream  cheese will increase.

Explanation:

Anne has $20 to spend on two goods bagels and cream cheese.

The marginal benefit per dollar for bagels is $6.

The marginal benefit per dollar for cream cheese is $10.

If she decides to buy more bagels and less cream cheese, the marginal benefit per dollar for bagels will decrease and marginal benefit per dollar for cream cheese will increase.

The marginal benefit per dollar for a commodity is the ratio of marginal utility derived from consuming the last unit of the commodity upon price of the commodity.

As more and more quantity of a commodity is consumed the marginal benefit per dollar for it will go on declining. This is because the marginal utility derived from each additional unit will go on declining while price will remain the same. The less the commodity is consumed, the marginal benefit per dollar for it will increase.

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An event that must occur in order for a party's duty to arise is called a(n) ________________.
Radda [10]
This is what they call <span>condition precedent. The party's task to </span><span>perform arise after a specific event happens. However, when the event never happens, </span><span>the duty of the party to </span>perform will<span> never arise. The parties are discharged from the contract.</span><span> </span>
8 0
2 years ago
An agreement that may be rejected by one of the parties for a legally acceptable reason is
Katena32 [7]
The answer is a voidable contract
5 0
3 years ago
What characteristics of an organizational structure and culture are best suited to achieving a cost-leadership strategy
S_A_V [24]

An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.

<h3>What is a cost leadership strategy?</h3>

This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.

These type of strategy is best achieved with an informal type of organizational structure & culture.

Read more about cost leadership strategy

<em>brainly.com/question/26891629</em>

4 0
2 years ago
BC 'n D just paid its annual dividend of $.60 a share. The projected dividends for the next five years are $.30, $.50, $.75, $1.
Lemur [1.5K]

Answer:

$7.60

Explanation:

Find PV dividend per year at 14% discount rate;

0.30 / 1.14 = 0.2632

0.50 / 1.14² = 0.3847

0.75 / 1.14³ = 0.5062

1 / (1.14^4) = 0.5921

1.20 / (1.14^5) = 0.6232

Find the PV of the terminal cashflow;PV = \frac{\frac{1.40}{0.14} }{(1.14)^{5} }  = 5.2308

Next, sum up the PVs to find the price of the stock today;

Price = 0.2632 + 0.3847 + 0.5062 + 0.5921 + 0.6232 + 5.2308

= $7.60

6 0
3 years ago
A consumer purchases a lawn mower from a retail store. It contains a tag that says the purchaser should read the instruction boo
mariarad [96]

Answer:

B. Contributory negligence

Explanation:

            Contributory negligence may be defined as a defense to the tort claim that is based on the negligence of the plaintiff in some law jurisdiction. And if contributory negligence is available defense completely  bars the person who files the suit from any recovery if the plaintiff contributes to their own injury and harm from any negligence.

           In the context, a person buys a lawn mover form a store. The lawn mover contains a instruction book where it was written that the lawn mover should not be moved over any stones or gravels or areas mixed with grass and stones.

           The consumer though remembers the warning but he moves the lawn mover over land filled with loose stones and rocks. Unfortunately, a rock flies and hits him on his face resulting in serious damage of his face. And so the consumer sues the manufacturer for selling a defective lawn mover.

           But the court will dis-miss the case as it was a case of contributory negligence of the consumer as the manufacturer warned the consumer with a written instruction not to use the product over areas covered with stones and rocks. Thus the defense that will give the manufacturer the best chance of having dismissing the case by the court is the Contributory negligence of the consumer.        

8 0
2 years ago
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