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gladu [14]
3 years ago
14

In deciding how many hours to work, Beulah will make a choice that maximizes her _______; that is, she will choose according to

her preferences for leisure time and income.
A. budget constraint
B. opportunity set
C. utility
D. production possibilities frontier
Business
1 answer:
aliina [53]3 years ago
5 0

Answer:

The correct answer is c. utility.

Explanation:

The correct answer is c. utility. Beulah wants to make a choice that is profitable as well as not compromising on her leisure time, she wants to make a choice to maximize her UTILITY. Utility means to be profitable and or useful. There is no budget constraint or opportunity cost that she should be concerned about.

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a and b working day 12, B and C working day 16, C and A Working day 24 ,so c how many days work completed for the days
Mila [183]

Answer:

C will take 96 days alone to do the work.

Explanation:

given,

A and B work for 12 days...................(1)

B and C work for 16 days...................(2)

C and A work for  24 days...................(3)

Adding equation (1) and (2)

A + 2 B + C = \dfrac{1}{12}+\dfrac{1}{16}\\2 B + \dfrac{1}{24}=\dfrac{1}{12}+\dfrac{1}{16}\\2B =\dfrac{1}{12}+\dfrac{1}{16}-\dfrac{1}{24}\\B=\dfrac{5}{96}

from equation (2)

B+C = \dfrac{1}{16}\\\dfrac{5}{96}+C = \dfrac{1}{16}\\C=\dfrac{1}{16}-\dfrac{5}{96}\\C=\dfrac{1}{96}

hence, C will take 96 days alone to do the work.

4 0
4 years ago
Pattison Products, Inc., began operations in October and manufactured 40,000 units during the month with the following unit cost
patriot [66]

Answer:

Following are the responses to the given question:

Explanation:

For question 1:

Calculating the cost per unit:

\text{Direct material}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$5\\\\\text{Direct labor} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \$3\\\\\text{Variable overhead}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$1.5\\\\\text{Fixed overhead}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$7\\\\\text{Cost per unit}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$16.5\\\\

For question 2:

Calculating the ending inventory units:

= \text{Beginning inventory + units produced - ending inventory}\\\\= 0+40,000-38,400\\\\= 1600\ units\\\\

Calculating the cost for the Ending inventory:

=1600\ units \times \$16.5\\\\=\$26,400\\\\

For question 3:

Calculating the absorption costing for the income statement:

Particular                                             Amount

Sales (38,400\times \$24)\ \ \ \ \ \ \ \ \ \   \ \ \ \ \ \ \ \ \ \ \ \ \ \$921,600

-COGS(38,400\times \$16.5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \  \$633,600

Gross profit                                          \$288,000

Cost of variable marketing  (\$1.2\times 38,400)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \$46,080

marketing and administrative costs are fixed \$130,500

Net income                                            \$111,420

6 0
3 years ago
Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control c
nikitadnepr [17]

Answer:

1.-3,120 Favorable variance.

2.$704Unfavorable variance

Explanation:

Material price variance:

Actual price is $0.28

Standard price 0.32

Actual quantity 78,000

Material price variance = (Actual price - Standard price) Actual quantity=

(0.28 - 0.32)*78,000

= (-0.04) 78,000= -3,120 Favorable variance.

2. Material quantity variance:

Actual quantity of material used (78,000 - 27,000) = 51,000

Standard quantity of material for the actual level of production (5,100 toys x 8 microns per toy) =48,800 toys

Standard price per unit of material = $0.32

Material quantity variance = (Actual quantity used - Standard quantity of material for actual level of production) Standard price

= (51,000 - 48,800)* $0.32

= (2,200) $0.32 = $704Unfavorable variance

5 0
4 years ago
Read 2 more answers
A goal of monetary policy is? promote equity in income distribution. keeping taxes low. reducing government deficits. promoting
Kitty [74]

Promoting Economic Growth

Monetary coverage is the macroeconomic coverage laid down by using the critical bank. It includes management of money supply and interest price and is the call for aspect economic coverage used by the government of a rustic to gain macroeconomic objectives like inflation, intake, increase, and liquidity.

Six basic goals are usually noted via personnel at the Federal Reserve and other important banks once they talk about the targets of monetary coverage: (1) high employment, (2) financial increase, (three) fee balance, (4) hobby-charge stability, (five) stability of economic markets, and (6) stability in the forex

A few economic policy examples encompass buying or promoting authorities securities thru open marketplace operations, converting the bargain price supplied to member banks or altering the reserve requirement of the way a lot of money banks need to have on hand it really is no longer already spoken for thru loans.

Learn more about Monetary Policy here

brainly.com/question/26543359

#SPJ4

4 0
2 years ago
What is the problem with creating a promotional message to use for all countries?
Soloha48 [4]

Answer:

Different countries have different advertising/promotional laws. Plus you have no target market if you're creating a promotional message to use for all countries. Also, assuming if your promotional message inspired, say a person in Africa, a person in Russia, a person in China, and a person in Japan bought a product from your promotion, you would have to ship to all of those countries with extreme shipping rates.

5 0
3 years ago
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