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Dmitriy789 [7]
4 years ago
7

Monroe consumes crab cakes and tuna. monroe's utility increases with the consumption of crab cakes, but his utility neither incr

eases nor decreases with the consumption of tuna. assuming tuna is on the x-axis and crab cake is on the y-axis, what do monroe's indifference curves look like?
Business
1 answer:
Kipish [7]4 years ago
6 0

The indifference curve will be mostly like Horizontal lines because the y-axis is the one who is increasing and the x-axis is the one decreasing so in my assumptions it will be horizontal. The indifference curve is the curve on the graph that represent two commodities to know the satisfaction of the buyer.

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A company reports the amounts below in its statement of cash flows.
ludmilkaskok [199]

Answer:

C. 1.20

Explanation:

The total net cash flow consist of net cash flows from 3 activities namely; Operating activities, Investing activities and Financing activities.

Let the cash flows from operating activities be y

Therefore,

123,000  = y + 66,480  + 30,780  

y = 123,000 - 66,480  - 30,780  

y = 25,740

Current liabilities = (23,400 + 19,500)/2

                            = 21450

The company's operating cash flows to current liabilities ratio

= 25,740 /21450

= 1.20

3 0
3 years ago
Assume that as your income increases, your consumption of burgers decreases. We can assume that your income elasticity of demand
hodyreva [135]

Answer: Option (d) is correct.

Explanation:

Here, Income elasticity of demand for burger is negative because burger is considered as inferior good for this person. There is a inverse relationship between the income of an individual and demand for a inferior good which means that as the income of a consumer increases, as a result demand for inferior good decreases whereas demand for normal good increases with increased income level. Income elasticity of demand for normal good is positive.

6 0
4 years ago
Your firm is a U.K.-based importer of bicycles. You have placed an order with an Italian firm for €1,000,000 worth of bicycles.
Gwar [14]

Answer:

( A) £803,721.49

Explanation

==> Present value of €1,000,000 = 1000000/1.02 = €980,392.16

===> Converting Euro into US Dollar using spot exchange rate

€980,392.16×1.56 = $1,529,411.77

===>Converting US Dollar into Pounds using spot exchange rate

$1,529,411.77/1.96 = £780,312.13

===> investing this amount in UK

==>the amount of €1,000,000 is collected from French firm and it is used to repay the Euro loan

Step – 5 maturity value of pounds investment is received

£780,312.13 × 1.03 = £803,721.49

Therefore the answer is £803,721.49

8 0
4 years ago
Analyse and discuss the term ‘buyer motivation', in relation to innovative banking products and services.
yaroslaw [1]

Answer: Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item.

Explanation:

Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item. Every customer buying an item will consider a lot of things before getting one, although this varies compared to other person's. Some may buy out of a need, others a want, some panic buy. They all vary. Buying is more of a physiological thing than any other thing.

7 0
3 years ago
Question 4 of 10
UNO [17]

The correct option is D). The borrower can create a payment plan.

<h3>Who is a borrower? What can a borrower do to take control of their debt?</h3>

A borrower is an individual or any business entity that takes the money from the lender on the credit with the agreement to pay it back within a specified period of time.

A borrower can control his debt by making a payment plan by which he can arrange debt payment plans directly with your creditors.

A payment plan is an organized payment schedule used for paying off any outstanding debt.

Learn more about the borrower here:-

brainly.com/question/17619427

#SPJ1

7 0
2 years ago
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