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postnew [5]
3 years ago
13

You are given the following total utilities of apples and mineral water obtained by

Business
1 answer:
andrezito [222]3 years ago
7 0

Answer:

2 apples and 6 bottles of water

Explanation:

since Bervin earns K22, her consumption possibilities frontier is:

apple                water                  total utils obtained

4 units               1 unit                   90 + 20 = 110 utils

3 units               3 units                75 + 54 = 129 utils

2 units               6 units                55 + 90 = 145 utils

1 unit                  8 units                30 + 98* = 128 utils

0 units               11 units                0 + 98* = 98 utils

The optimal combination of apples and bottles of water is 2 apples and 6 bottles of water because that combination yields the most utils.

*Since the table only states the utils obtained until the 7th unit, we must assume that any additional unit consumed will provide 0 utils.

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Suppose that there are two employers in Tinytown. CareCo offers a generous health insurance package to all employees, while Apat
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3 years ago
In some instances accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit in
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Answer:

1   $12.80

2   $16.10

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5   $15.90

Explanation:

The unit value of inventory is to be valued  the lower of cost price and net realizable value.

Cost is the original purchase price while the net realizable value is the estimated selling price less of costs to complete and costs to sell as computed in the attached file.

Download xlsx
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