Answer:
In this case the consumer needs to buy one unit of X good and 2 units of Y goods to maximize total utility.
Explanation:
In order to maximize total unity, the consumer needs to buy buy one unit of X good and 2 units of Y. This combination of goods will give the total satisfaction to the consumer with its available resources.
Utility is a meaning, which is used in economics. Which is used for satisfaction and fulfillment. That a consumer receives from the consumption of a particular product or service.
Total utility is the overall or total satisfaction a customer receives through taking a specific good or service.
A landlord charges the same apartment rent as last year, but now adds a fee for parking spaces. This practice is known as <u>Unbundling</u>.
<u>Explanation:</u>
Unbundling means that certain items or the services are being marketed or are being charged for. This charge is separated and is not a part of the whole package.
In the above example, the landlord charged a separate amount as the fee of the parking lot of the apartment. This was not included in the rent of the apartment. Therefore it is known to be as unbundling because it is not a part of the bundle. It is separate.
Alief ISD is better there you go
Answer:
$118,209
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
It is assumed that unit in work in process at the end of the period is incomplete in every aspect.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Equivalent Units = 5,000 + 600 x 50% = 5,300 units
Total Cost = ( 5,300 x $10 ) + (38,280 + 30,620) x 5,300/5600 = $53,000 + $65,209 = $118,209
Note:
There is some inconsistency between the material cost and the total units. Material cost is calculated using 1,600 units and total numbers of units are 5,600. I took 5,600 units and calculated the costs.
If the central bank increases the amount of reserves banks are required to hold to 20%, then <u>both the money multiplier and </u><u>money supply</u><u> in the economy will decrease.</u>
<h3>
What is Money Supply?</h3>
- All the money and other liquid assets present in an economy on the measurement date are referred to as the money supply. The money supply roughly consists of deposits that can be utilized virtually as easily as cash in addition to actual currency.
- Governments issue coin and paper money through a mix of national treasuries and central banks.
- By dictating to banks what reserves they must maintain, how to offer credit, and other financial issues, bank regulators have an impact on the amount of money that is available to the general people.
- The amount of money circulating in an economy is referred to as the "money supply."
- Numerous money supply measurements also factor in non-cash assets like credit and loans.
- Increases in the money supply, according to monetarists, always result in inflation.
To learn more about Money Supply with the given link
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