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rosijanka [135]
2 years ago
6

Jennifer has $10 to spend on tomatoes and cheese. The price of a pound of tomatoes is $2 and the price of a pound of cheese is $

4. She has found her utility-maximizing bundle at 2 pounds of tomatoes and 1.5 pounds of cheese. Suppose Jennifer's income falls to $8 and the price of tomatoes falls to $1. The price of cheese remains the same. Jennifer is considering a bundle of zero units of tomatoes and 2 units of cheese. What is your advice?
Business
1 answer:
miskamm [114]2 years ago
6 0

Answer:

Jennifer debería comprar el paquete de 2 libras de tomate y 1.5 libras de queso. Porque aunque sus ingresos cayeron, eso lo compensa el $1 menos de la libra de tomates.  Y estaía gastando lo mismo de acuerdo a sus ingresos.r

10-9: 1

8-7:  1

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The following per unit cost information is available: direct materials $36, direct labor $24, variable manufacturing overhead $1
oksian1 [2.3K]

Answer:

Mark−up percentage = 18.75%

Explanation:

Total manufacturing cost= Direct material + Direct labor  + Variable overhead + Fixed overhead

= $36 + $24 + $18 + $40

= $118

Hence, the total manufacturing cost is $118.

Total selling cost = Fixed selling cost + Variable selling cost

Total selling cost = $28 + $14

Total selling cost = $42

Hence, the total selling cost is $42

Total cost = Total Manufacturing cost + Total selling cost

Total cost = $118 + $42

Total cost = $160

Mark−up percentage = ROI / Total cost * 100

Mark−up percentage = $30 / $160 * 100

Mark−up percentage = 0.1875 * 100

Mark−up percentage = 18.75%

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3 years ago
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Diano4ka-milaya [45]

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5 0
1 year ago
Toys, Trinkets and More requires a minimum rate of return of 12% on its average operating assets. The toy department currently h
Serggg [28]

Answer:

Residual Income = $6,000

Explanation:

Residual income is the excess income of a firm leftover the opportunity cost of capital or over the desired income.

Given,

The minimum rate of return 12%

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Net operating income = $42,000

We know,

Residual Income = Net Operating Income - (Average operating assets x the minimum rate of return)

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3 years ago
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3 years ago
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A store puts everything on sale for 20% off. If the sales tax is 8%, what percent of the original marked price is the final cost
iogann1982 [59]

Answer:

86.4%

Explanation:

the original marked price is m

then with a sales discount of 20%

the (pre-sales tax) sale price is 100%−20%=80% of 

The post-sales tax price is the pre-sales tax price plus 8%,

that is the post-sales tax price is 108%=1.08 of the pre-sales tax price.

Therefore the final cost (i.e. the post-tax price) is

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2 years ago
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