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bezimeni [28]
3 years ago
11

An interior solution to a consumer's utility maximization problem implies which of the following:A. consuming optimal amounts of

all goodsB. consuming a positive amount of one good and a negative amount of the other good.C. consuming less than an optimal amount of at least one good.D. consuming negative amounts of all goods.
Business
1 answer:
Lelu [443]3 years ago
7 0

Answer:

The correct answer is A

Explanation:

Interior solution is the solution or a choice which is to be made through an agent and that could be characterized as an optimum which is located or situated at the tangency of two curves on the graph.

The utility maximization of the consumer states or defines that the consumer decide or take decision to allocate the incomes so that the last dollar amount which is spent on each and every product bought yields the same amount of the additional marginal utility.

Therefore, the interior solution to the utility maximization of the consumer problem states that the consumer consuming the optimal amounts of all the goods.

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A contractor puts in a claim under a comprehensive standard general liability policy. The policy has no additional coverage, rid
kari74 [83]

Answer: $1,300

Explanation:

A comprehensive standard general liability policy is used when there are operations being conducted by a contractor or tenant. The basic policy covers property damage to other parties as well as bodily harm. Seeing as there are no additional coverages, the basic plan is in effect.

The only thing that can be covered here by the insurance company therefore is the $1,800 damage to the pedestrian because the rest relate to the contractor so are not covered,

As there is a $500 deductible, the amount the insurance company is liable for is:

= 1,800 - 500

= $1,300

3 0
3 years ago
Latiker, Inc., manufactures and sells two products: Product Y9 and Product W0. Data concerning the expected production of each p
SSSSS [86.1K]

Answer:

d. $72.41 per setup

Explanation:

The computation of the activity rate for the machine setup activity pool is as follows;

The Activity rate for the Machine setups activity cost pool is

= Estimated overhead cost ÷ Total machine setup

= $50,687 ÷ 700

= $72.41 per setups

Hence, the activity rate for the machine setup activity pool is $72.41 per setup

Therefore the option d is correct

5 0
3 years ago
In selecting a target market for a banks checking accounts, the banks marketers should consider the banks strengths, who would g
Nana76 [90]

Yes the answer is A.

The two most important aspects of target marketing is identifying people who would most likely buy your product, but that has to be offset by how much it would cost to reach those people effectively.

8 0
4 years ago
Read 2 more answers
A guitar manufacturer is considering eliminating its electric guitar division because its $76,000 expenses are higher than its $
stepladder [879]

Answer:

The electric guitar division should be: Kept

Explanation:

Currently it has a profit of $280 individually and After elimination it will incur a loss of $4280 which is the loss of profit of 280 and current loss of $4,000. This division should be kept because it is making enough profit to compensate all the avoidable and unavoidable expenses with making addition profit of $280, Otherwise there will be a net loss of $4,280 due to some unavoidable expenses.

Working is made in an attached MS Excel file, please find it.

Download xlsx
4 0
3 years ago
Supply-chain management includes operations management, supply management, logistics, and channel management activities.
olganol [36]

Supply-chain management includes operations management, supply management, logistics, and channel management activities. This statement is True.

It guides the group's efforts toward achieving specific, pre-established goals. “Management” is the process of cooperating with and working through others to effectively achieve organizational goals by using limited resources efficiently in a changing world.

First identified by Henri Fayol as the Five Elements, there are now four generally accepted management functions that include these necessary skills.

The definition of control is the way something is handled, the care is taken, the ability to oversee, or the responsibility to a company or group. An example of control is how a person handles personal finances. An example of management is concerned about handling fragile things.

Learn more about management  here

brainly.com/question/1276995

#SPJ4

5 0
2 years ago
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