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zavuch27 [327]
4 years ago
7

A consumer is making purchases of products Alpha and Beta such that the marginal utility of product Alpha is 30 and the marginal

utility of product Beta is 40. The price of product Alpha is $5, and the price of product Beta is $10. The utility-maximizing rule suggests that, to stay within a given budget constraint, this consumer should:
Business
1 answer:
sp2606 [1]4 years ago
7 0

Answer:

Should purchase or consume more Alpha than Beta.

Explanation:

Marginal utility per dollar spent can be calculated as,

Alpha = 30/5 = 6/$ spent

Beta = 40/10 = 4/$ spent

Therefore maximizing utility in a given budget constraint would be achieved by buying or consuming more of Alpha.

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What would best explain why the equilibrium price of pink salmon decreased and the equilibrium quantity increased?
11Alexandr11 [23.1K]

The boom in delivery was greater than the lower in demand.

Each growth in supply and reduction in demand effects in price fall. but, when the delivery will increase plenty greater than lower in demand the equilibrium amount is certain to boom as well.

Here is the way to locate the equilibrium rate of a product:

1. Use the supply function for quantity. you operate the delivery system, Qs = x + YP, to find the supply line algebraically or on a graph. ...

2. Use the call for characteristic for quantity. ...

3. Set the 2 quantities identical in terms of rate. ...

remedy for the equilibrium price.

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5 0
1 year ago
Purely domestic firms will be at a disadvantage to mnes in the event of market disequilibria because
Amanda [17]

Purely domestic firms will be at a disadvantage to men's in the event of market disequilibria because domestic firms lack comparative data from its own sources.

<h3>What are domestic firms?</h3>

Most or all of the operations of domestic companies are conducted within the US. They might export goods or import supplies, but these activities often make up a modest portion of overall corporate activity. US securities regulations primarily apply to domestic enterprises. Typically, their financial reports are created using widely accepted accounting principles (GAAP).

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8 0
1 year ago
Having just returned from the war in Afghanistan, David has $25,000 in his savings account. His girlfriend suggests that he talk
nexus9112 [7]

Answer:

The correct answer is FALSE.

  • First it's not sound investment advice to put all his savings into an investment because as the narrative rightly points out, he may have other needs.
  • Second, high growth stock are also
  1. high risk
  2. they only pay in the long term only if the company is successful because dividends are re-invested which is one of the reasons the companies grow quickly.

Although they are high risk, they also have great advantages such as:

  1. High growth rate: this means if all goes well David will enjoy a good return on his investment;
  2. It's also a way to protect his money from erosion by inflation

What can David do?

Subject to the advise of a professional investment professional

  1. David needs to take into consideration his immediate needs, set aside some funds to take care of that.
  2. Invest the balance into a mix of high growth rate stock which are high yielding but risky and low growth rate but secure investment like government bonds.
  3. Start a small business by the side or get a job in the interim as he continues with his new life.

Cheers!

7 0
3 years ago
Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.
Andru [333]

Answer:

Financial

Explanation:

Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.

Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.

Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.

The right answer is financial accounting.

3 0
3 years ago
At a price of $5/hour, bob wants to hire three workers. when the price rises to $7/hour, bob wants to hire only two workers. bob
Rashid [163]
$5 per worker
5*3=15
$7 per worker
7*2=14
total of what he pays the workers per hour
15+14=29
he pays the workers 29 dollars per hour
7 0
3 years ago
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