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marysya [2.9K]
3 years ago
5

Suppose you have $19 to spend. pepsi costs $1 per can, and pizza costs $2 per slice. given the marginal utilities shown, what co

mbination of pizza and pepsi will maximize your satisfaction? click the number of pepsis and the number of pizza slices.
Business
1 answer:
Andrej [43]3 years ago
5 0
The satisfaction we get by the combination of eating pizza and drinking soda is that in which we are able to eat more pizza and still have money left to conclude the session with a soda. With this, only one soda is needed. 

With the given amount for soda and each slices of pizza, one can get the satisfaction by eating 9 slices of pizza for $18 and drinking one can of soda for $1. This then would total to $19. 
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A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t
Sindrei [870]

The closest to the minimum number of consumers needed to obtain the estimate with the desired precision is (b) 271

Explanation:

When the prior estimate of population proportion is not given , then the formula to find the sample size is given by :-

n=0.25(\frac{z^{*} }{E} )^{2}

where E = Margin of error.

z* = Critical z-value.

As per given , we have

E = 5%=0.05

Confidence level = 90%

The critical value of z at 90% is 1.645  (By z-table)

Put all values in the formula , we get

n=0.25(1.645/0.05)²

n=0.25(32.9)²

n=270.6025≈271

Thus, the minimum sample size needed = 271

Hence , the correct answer is 271 .

8 0
3 years ago
The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to th
xxMikexx [17]

Answer:

The correct answer is Option D.

Explanation:

Internal control comprises the whole system of financial and other controls established and operating within a business, including internal check, internal audit and all other forms of control.

Based on Committee of Sponsoring Organizations (COSO) framework, there are 5 interrelated components of internal control, which are: Control environment, Risk assessment, Control activities, Information and communication and Monitoring.

It is necessary to stress that internal control relates to all forms of controls within an organization and not necessarily limited to only accounting matters e.g., a security check on vehicles exiting business premises to be sure they are not carrying stolen items from the organization is an internal control but not an accounting-related.

7 0
3 years ago
If you cause a car accident, which type of insurance will require you to pay the least out of pocket? AHigh deductible plan BLow
Vesnalui [34]
A because if the person that you hit says you caused it for a reason
3 0
3 years ago
Read 2 more answers
the measure and establishment of the boundaries of a particular property usually identify by middle stakes embedded at the corne
goblinko [34]
B is the answer girlie
8 0
3 years ago
Consider the following five situations. In which situation would a borrower be best off and in which situation would a lender be
umka2103 [35]

Answer:

The borrower is best off in situation <u>"a"</u> and the lender is best off in situation ▼  "C" .

Explanation:

Considering all the situations given in the options, the <u>borrower</u> is best in situation <u>a</u> and <u>lender</u> is best off in situation in <u>c</u>.

<u>Part a </u>

Real Interest rate = Nominal Interest rate - Inflation rate = 14 - 17 = -3 per cent. Thus, the purchasing power of money has fallen and the person has to pay back money with little purchasing power as compared to the value of the purchasing power at the time he borrowed money. Thus, borrowers are best off.Thus, <u>borrower</u> is best off when the inflation rate is very high.

<u>Part c</u>

Inflation rate is negative, thus the purchasing power of money will increase and lenders will get back money with higher purchasing power as compared to the value of the purchasing power of money at the time he lend the money. Thus, <u>lender </u>is best off when inflation rate is lowest.

5 0
3 years ago
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