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8_murik_8 [283]
3 years ago
10

An indifference curve shows all the alternative combinations of two consumption goods that... Select one: a. can be produced by

a given country. b. can be produced without exhausting natural resources. c. can be produced with a given set of resources and technology. d. yield the same total utility. e. can be purchased with a given budget at given prices. f. equate the marginal utilities of these goods and, therefore, make the consumer indifferent between them.
Business
1 answer:
Rainbow [258]3 years ago
5 0

Answer: Option (d) is correct.

Explanation:

An indifference curve is a graphical representation of two goods which reflects all the combination of two goods to be consumed by the individual.

Indifference curves are convex to the origin and two indifference curves never intersect each other.

All the combination of two goods on a single indifference gives equal level of satisfaction and yield the same level of total utility.

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For a binomial experiment with r successes out of n trials, what value do we use as a point estimate for the probability of succ
trapecia [35]

Answer: \dfrac{r}{n}

Explanation:

If r is the number of successes out of n trials , then the sample proportion of success = \hat{p}=\dfrac{r}{n}

For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.

i.e. a point estimate for the probability of success p on a single trial :

p=\hat{p}=\dfrac{r}{n}

Hence, a point estimate for the probability of success p on a single trial = \dfrac{r}{n}

4 0
4 years ago
At Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shi
matrenka [14]

Answer:

Theory X.

Explanation:

In this scenario, Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shift get their breaks at a reasonable time. In fact, he claims he is hard pressed to determine which one has "worked hard enough" to even deserve a break. Earlier today, Eon remarked, "I've never met one that likes this job! They're only biding their time and here for the money." Eon's managerial style would be classified as Theory X.

Douglas McGregor developed the theory x and y in the 1950s while working at the MIT Sloan school of management.

Theory X suggests that employees working in a particular organization dislike work, possess minimal ambition, and are generally not willing to take up responsibility.

Hence, with the Theory X it is very important and essential that these employees be supervised and rewarded externally with prizes and punishment should be used when they err.

4 0
3 years ago
1. A family with a gross monthly income of $8,500 is considering a $250,000, 30 year, 6.25% fix rate conventional mortgage to bu
Ahat [919]
I need this answer to. B
4 0
3 years ago
The U.S. Congressional Budget Office has projected the debt-to-GDP ratio to increase dramatically in the future. One of the majo
Viefleur [7K]

Answer:

C.  projected increasing health care costs for the aging population.

Explanation:

If the debt to GDP ration increases, it means that the country will owe more money compared to capacity of creating wealth. A common problem for several developed countries is that the proportion or retired people has increased compared to the total active labor force. This means that the number of people working or searching of jobs relative to the number of retired people has decreased. Even though retired people tend to have more accumulated wealth, their living expenses are also much higher. What makes this situation a problem is that retired people only have passive income, they do not have earned income. And generally speaking, passive income grows at a much lower rate that earned income.

This is why many developed countries started to implement immigration policies focusing on highly trained and educated applicants that can replace their native workforce.

8 0
3 years ago
At the beginning of the period, a company reports a balance in office supplies of $450. During the period, the company purchases
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Answer:

Explanation:

Before passing the journal entry, first, we have to compute the total supplies consumed. The formula to compute the total supplies consumed is shown below:

= Beginning balance of supplies + Purchase of supplies - ending balance if supplies

= $450+ $3,400 - $900

= $2,950

Now the journal entry would be

Supplies expense A/c Dr   $2,950

      To Supplies A/c                            $2,950

(Being supplies consumed recorded)

4 0
3 years ago
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