Answer:
The solution to the given problem is done below.
Explanation:
(a) How much peanut butter and jelly will David buy with his $3 allowance in a week?
According to the given problem, David likes 2 ounces of peanut butter for every 1 ounce of jelly,
2Pb = J and the budget constraint is .05pb+.1j = 3.
By using substitution.
David will buy Pb = 30 ounces, J = 15 ounces.
30(0.05) + 15 (0.10) = 3
(b) Suppose the price of jelly were to rise to $0.15 an ounce. How much of each commodity would be bought?
If pj = $0.15,
24(0.05) + 12(0.15) = 3
Substitution now yields J = 12 ounces, Pb = 24 ounces.
Answer:
$254,010
Explanation:
Calculation for the total shareholders' equity at the end of 2021
Issue of stock (10,700 × $5.90) $63,130
Issue of stock (20,600 × $8.80) $181,280
Net income $95,000
Less Dividends( $53,000)
Less Treasury stock (3,000 × $10.80) ($32,400)
Total shareholders' equity $254,010
Therefore the total shareholders' equity at the end of 2021 is $254,010
TechSmart managers are implementing distributive justice.
<h3>What is distributive justice?</h3>
Employees experience distributive justice when they think that results are fair. These results can be measurable, like pay, or intangible, like appreciative remarks. In the event that staff members feel fairly compensated or handled, distributive justice is achieved. When equal effort does not result in equal rewards or when a person or group obtains an excessive amount of goods, distributive justice is lacking.
When equals enjoy the same distribution of benefits, distributive justice has unquestionably been attained. In a constitutional democracy, governmental policies that guarantee social security or healthcare to all retirees and the old are examples of distributive justice.
Learn more about distributive justice here:
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