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3 years ago

We assume that the representative consumer's preferences exhibit the properties that

Business

1 answer:

LenaWriter [7]3 years ago

7 0

Answer:

c. consumption and leisure are both normal goods and that the consumer likes diversity in his or her consumption bundles.

Explanation:

A consumer's preference can determine the consumer utility properties between the different periods and can be measured by the tastes and preference by comparing the opportunity costs of that one item when every you buy an item.

The consumption and the leisure are both the normal goods hat the consumer likes to have diversity in his consumption patterns and have a utility related to them.

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Tom borrowed $40,000 from his parents to open a donut stand. He agrees to pay his parents a 5% yearly return on the money they

Anvisha [2.4K]

Answer:

$12,000

Explanation:

Data provided

Borrowed amount = $40,000

Rate of interest = 5%

Fixed cost = $10,000

Variable cost = $25,000

Price per dozen = $2.00

The computation of total fixed costs is shown below:-

Return on investment= $40,000 × 5%

= $2,000

Total fixed costs = Fixed cost + return on investment

= $10,000 + $2,000

= $12,000

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4 years ago

Suppose the following items were taken from the December 31, 2017, assets section of the Boeing Company balance sheet. (All doll

saul85 [17]

Answer:

Inventory $16,933

Notes receivable—due before December 31, 2018 368

Debt investments (short term) 2,008

Accounts receivable 5,785

Cash 9,215

Explanation:

Current Assets Section consists of Asset items that can be converted into cash within the period of 12 months.

Conversion happens in order of liquidity. Which means how much cash can be realized from conversion of a non-monetary asset in short term.

The order is given as <em>below</em>:

Inventory $16,933

Notes receivable—due before December 31, 2018 368

Debt investments (short term) 2,008

Accounts receivable 5,785

Cash 9,215

6 0

3 years ago

What are some additional features you can put towards a car?

DanielleElmas [232]

New tires and maybe some rems for a more stronger car. Also you can get a new battery or engine. Some other things you could get is a horn, brake, gas tank, radio, plus lots more.
Please give me the brainliest answer! :)):):)):):):):)::::):)

8 0

3 years ago

Manufacturers that use just-in-time manufacturing systems coordinate closely with suppliers to ensure that materials and supplie

allsm [11]

Answer:

Weaknesses

Explanation:

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Strengths and weaknesses are internal to your company. The others are external. Since the badly managed JIT is an internal issue from a SWOT perspective it would be a Weaknesses

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3 years ago

â€‹A restaurant, which operates in a perfectly competitive market, is evaluating whether it should serve breakfast on a daily ba

riadik2000 [5.3K]

Answer:

TRUE

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

In the short run, the firm would continue to operate if its revenue covers variable cost. if it doesn't it would shut down.

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3 years ago