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Karolina [17]
3 years ago
14

Suppose Mary is in consumer equilibrium. The marginal utility of good A is 30, and the price of good A is $2.. . a. if the price

of good B is $4, the price of good C is $3, the price of good D is $1, and the price of all other goods and services is $5, what is the marginal utility of each goods mary is purchasing?. . b. If mary has chosen to keep $10 in savings, what is the ratio of MU to P for savings?
Business
1 answer:
zimovet [89]3 years ago
7 0
 Using formula: Marginal Utility=Change in Total Utility/Change in Quantity
<span>So, the marginal utility of each good will be 30/$2, or 15/$1.
Multiply this marginal utility by the price of each good/service to obtain the marginal utility per unit of good.</span>
<span>Since marginal utility of good A is given then by using this formula the the marginal utility of good B is 60 , MU of good C is 45 and MU of good D is 15</span>

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Answer: The correct answers are "A. Accept" and "$ 0.01".

Explanation: Given that we talk about optimal strategy when maximizing the expected profit by the player:

In the first case It is convenient to accept the proposal and keep $ 0.12, instead of rejecting it and running out of nothing.

And in the second case it is convenient to give the classmate as little as possible so that he accepts and we have a greater profit.

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3 years ago
The McMillan Development Corporation is in the preliminary stages of building a commercial office development. They have receive
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Answer:

D. Both B and C

Explanation:

Based on the information provided within the question it can be said that you must go to The Building Codes  and Building Officials Conference of America. This is where every company must go in order receive the guidelines of the materials that are approved by the government for all development procedures including construction, electrical wiring etc.

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Discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?​
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Some of the social factors that have led to unemployment in South Africa amongst the youth are:

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As a result of high population growth, the number of youth in South Africa  has increased to a point where getting jobs for all of them is quite difficult.

High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.

Find out more on factors leading to unemployment at brainly.com/question/305041.

6 0
2 years ago
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Suppose your bank account pays interest monthly with an effective annual rate of 6%. What amount of interest will you earn each m
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Answer:

0.4868%

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Explanation:

Given that

a. EAR = 6%

Thus,

Equivalent monthly rate = (1 + r)^n - 1

Where r = EAR

Therefore

= (1 + 0.06)^1/12 - 1

= 1.0048675 - 1

= 0.0048675 × 100

= 0.4868%

b. Given that

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Time = 10 years

Recall that

FV annuity formula = C × (1/r) × ([1 + r ]^n - 1)

Where

C = payment

Therefore

100000 = C (1/0.004868) × ([1 + 0.004868]^120 - 1)

C = 100,000/(1/0.004868) × ([1 + 0.004868]^120 - 1)

C = $615.47 per month

4 0
2 years ago
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Information necessary to prepare the year-end adjusting entries appears below. a. Depreciation on the machines for the year is $
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Answer:

Jaguar

Adjusting Journal Entries:

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b.   Wages & Salaries Expense           $3,900

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c.   Interest on Notes Expense         $1,380

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e.  Supplies Expense                      $

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To record supplies expense for the year (difference between Supplies balance and Supplies remaining at the end ($4,900).

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Explanation:

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