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Ivenika [448]
3 years ago
11

Suppose society consists of four individuals: Andy, Bill, Carl, and David. Andy has $20,000 of income, Bill has $40,000 of incom

e, Carl has $60,000 of income, and David has $80,000 of income. A utilitarian would argue that.
Business
1 answer:
aliya0001 [1]3 years ago
4 0

Answer:

Taking $1 from Carl and giving it to Andy would increase society's total utility.

Explanation:

Since Andy's income is less than other three people when a $1 taken from Carl would increase Andy's utility more than the loss in utility of Carl. Thats why total utility would increase.

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An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.

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5 0
1 year ago
Bengal Co. provides the following...Bengal Co. provides the following sales forecast for the next three months: JulyAugustSeptem
svetoff [14.1K]

Answer:

8,955 units

Explanation:

Given that,

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7 0
2 years ago
Assume the price elasticity of demand (Ed) is 0.4 for gasoline in the long run. Some argue that we need a 50% reduction in gasol
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Answer:

125%

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Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Let x = percentage change in price

o.4 = 50 / x

x = 125

7 0
3 years ago
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Answer:

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Explanation:

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