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LUCKY_DIMON [66]
3 years ago
10

An indifference curve shows all 1. possible equilibrium positions on an indifference map. 2. equilibrium combinations of two pro

ducts that are obtainable with a given money income. 3. combinations of two products yielding the same total utility to a consumer. 4. possible combinations of two products that a consumer can purchase, given her income and the prices of the products.
Business
1 answer:
monitta3 years ago
4 0

Answer:

3. combinations of two products yielding the same total utility to a consumer.

Explanation:

Indifference curve is an economic tool which establishes a relation between the quantity of two different products when combined together providing the satisfactory utility to the consumer.

This combination basically describes the quality and quantity combination of two products.

The correct option is therefore, statement 3.

This clearly demonstrates the definition as given above, providing utility o the consumer.

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The management of an SBU is addressing the issue of whether through investment and a new
White raven [17]

Using a market development investment-driven strategy, the SBU (Strategic Business Unit) that can be transformed into a star is a question mark SBU.

The characteristics of a question mark SBU are:

  • high growth prospects
  • low market share
  • consumes a lot of cash
  • generates little returns
  • loses money

For the transformation of a question mark SBU, more investments and new strategies have to be brought in.

Thus, a question mark SBU has the highest potential to turn into a star if the market growth is high.

Read more about the BCG growth share matrix at brainly.com

7 0
3 years ago
Getty Company expects sales for the first three months of next year to be $200,000, $235,000, and $298,000, respectively. Getty
GarryVolchara [31]

Answer:

Getty’s cash receipts for the months of February: $225,900

Getty’s cash receipts for the months of March: $281,620

Explanation:

Cash sales:

In January = 35% x $200,000 = $70,000

In February = 35% x $235,000 = $82,250

In March = 35% x $298,000 = $104,300

Credit Sales:

In January = 65% x $200,000 = $130,000

In February = 65% x $235,000 = $152,750

In March = 65% x $298,000 = $193,700

Getty’s cash receipts for the months of February = Cash sales of February + 40% x Credit sales of January + 60% x Credit sales of February = $82,250 + 40% x $130,000 + 60% x $152,750 = $225,900

Getty’s cash receipts for the months of March = Cash sales of March + 40% x Credit sales of February + 60% x Credit sales of March = $104,300 + 40% x $152,750 + 60% x $193,700 = $281,620

8 0
3 years ago
Compare and contrast modern workplace, social, and environmental ethical dilemmas in the hospitality industry.
V125BC [204]

In the recent years, investors and hoteliers have been increasingly made aware of how the environment and social life impacts hotel operations and developments. Factors that have contributed to this awareness include the desires of hotel owners and operators to reduce costs of operations, change required for sustainable development, increased regulations that pay attention to development and operations and the way attitudes of investors are changing towards the environment. Sustainability is still a difficult task to measure in the hospitality industry. Business environment faces many challenges because of its dynamic nature

4 0
3 years ago
GASB has issued a proposed standard that would more clearly define fiduciary activities and change the categories of fiduciary f
kramer

Answer:

a. Custodial fund

Explanation:

Custodial transaction and fund refers to the transaction, in which there is a beneficiary and a responsible. The responsible person manages the transactions of custodial account, and takes proper care of return and investment on such account.

This is basically an agency service as the person who is beneficiary is just depositing the amount top be invested which is then taken care of as an agent.

The correct option is a.

Custodial Fund.

3 0
3 years ago
The night before you take an exam, you should
fgiga [73]
Wow thx!!! great tips
6 0
3 years ago
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