Answer:
be indifferent between the two meals
Explanation:
Marginal utility is the additional satisfaction received from consuming an additional unit of a good or service. Marginal utility is the additional utility derived from consuming one more unit of a good. the consumption decision is to consume more units of a good that gives the higher utility per good.
Marginal utility per good = marginal utility / price of the good
Whopper combo meal = 15 / 3 = 5
a meal at the Embassy Suites = 145 / 29 = 5
both meals have the same marginal utility of 5. She would be indifferent between consuming the two meals
Answer:
Income Share Agreements
Three-year degree programs
Partnerships
Freezing Tuition
Tuition Reset
Community College
Explanation:
Amount invested in both schemes is $45,000
returns in investment g is 75,000 in 6 years.
yearly return is:
75000/6=12,500
returns in investment h is 105,000 in 9 years
yearly return is:
105,000/9
=11,666.67
from the above results we can conclude that investment g has the higher returns.
Answer:
c. $10,000.
Explanation:
Gross domestic product is the sum total of all goods produced in a country in a given period. Sale of used good are not considered in GDP because the original value of the used item would have been recorded previously as GDP when it was first produced.
Therefore in this scenario the money paid for the house ($250,000) is not considered to be part of GDP since the original value of $90,000 would have been recorded as GDP 10 years ago.
However the commission of $10,000 that the real estate agent collected for his services is considered a contribution to GDP.
Answer: a. He has an acquisition cost of $4,800 and a date of acquisition of March 15, 2007.
Explanation:
A Put amount gives the holder the right to sell underlying assets. As the Put was exercised, the customer would have to buy the underlying stock and the price they will pay for it is the strike price of the Put less the cost of the Put.
Options contracts come in 100s so;
Acquisition cost = (50 - 2) * 100
= 48 * 100
= $4,800.
The date of acquisition is the day the put was exercised.