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BigorU [14]
4 years ago
7

The relationship between the benefits and cost of doritos is called _____.

Business
1 answer:
Shkiper50 [21]4 years ago
7 0
Is called correlation
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Charlie's brother, Alexander, also consumes apples (A) and bananas (B). Alexander's utility function happens to be U(A, B) = 5A
Andrei [34K]

Solution :

U(A, B) = 5A + 2B

a). Bundles (40, 5) = U ( _____ , 2), lie on the same indifference curve. Suppose missing numbers is x.

So, U(40, 5) = U(x, 2)

   (40 x 5) + (2 x 5) = 50x + (2 x 2)

     210 - 4  = 5x

       x = 41.2

So Alexander has 40 apples and 5 bananas. The indifference curve though (40, 5) also include bundle.

Therefore, (41.2, 2)

b). $MRS_{BA} = \frac{MU_B}{MU_A}$

                  $=\frac{\delta U/\delta B}{\delta U/\delta A}$

                  $=\frac{2}{5}$

                 = 0.4

So Alexander  has 40 apples and 5 bananas with this bundle. Alexander would like to give up 0.4 unit apples for a banana.

7 0
3 years ago
Productivity is declining when: A) the number of hours worked exceeds the number of workers. B) population growth exceeds real G
SOVA2 [1]

Answer: b. When population exceeds real GDP growth

Explanation:

Gross domestic growth(GDP) is the monetary value of all finished goods and services done within in a country over a period of time. When the population of a country exceeds what it produces there would be record in decline in productivity of the country. This is a serious problem as it could lead to other factors as scarcity(having high demand and low supply), it could lead to poverty as there won't be much jobs as production is not commensurate with population.

5 0
4 years ago
Read 2 more answers
A commercial bank wants to determine if an applicant for a loan is likely to be able to pay its bills as they come due. Which ty
Drupady [299]

Answer: Debt-to-income (DTI) ratio

Explanation: The DTI ratio is one that considers the customer's debt relative to his disposable income (income available for spend after personal income tax deduction). The ratio varies from bank to bank. It is the number one thing a bank considers before granting a loan facility to a customer.

The fact that a customer is paying off all its due loan obligations in a timely manner without any default does not mean he is liable to obtain a loan facility if his DTI ratio is on the high side. If the DTI ratio is on the high side, it means the customer's debt is absorbing the substantial portion of the disposable income. To enable the customer get more facilities, <em>it is expected that the disposable income too should increase or better still if the customer can enhance / increase his earning capacities. </em>

8 0
4 years ago
1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?
madam [21]

Answer:

See explanation section

Explanation:

The examples of variable cost per unit are as follows:

1. Direct Materials per unit;

2. Direct wages per unit;

3. Variable manufacturing overhead per unit;

4. Variable selling expense per unit;

5. Variable administrative expense per unit.

If all the expenses are given in accounting math, we have to add all the expenses per unit to determine the variable cost per unit.

According to the question, as there are 18000 units are produced and sold, we have to multiply the variable cost per unit by the total number of units.

6 0
4 years ago
You just paid $360,000 for a policy that will pay you and your heirs $13,200 a year forever. What rate of return are you earning
sergeinik [125]

Answer:

Rate of return = 3.667%

Explanation:

This is a for of annuity known as perpetuity. Am annuity is an investment that gives yearly returns on the capital

To get the rate of return we use the following formula

Present value= Yearly payments/Rate of return

360,000= 13,200/rate of return

Cross-multiply

Rate of return (360,000)= 13,200

Rate of return= 13,200/360,000

Rate of return= 0.03666666= 3.667%

6 0
3 years ago
Read 2 more answers
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