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Readme [11.4K]
3 years ago
13

Suppose Jane has chosen a combination of two goods, A and B, such that MU/P of good A is 10 (MUA/PA = 10), and the MU/P of good

B is 10 (MUB/PB = 10). To increase utility with the same amount of money, Jane should:________.
a) increase the number of B consumed.
b) increase the number of A consumed.
c) increase the number of A and B consumed.
d) do nothing; she cannot increase utility with the same amount of money.
Business
1 answer:
Aneli [31]3 years ago
5 0

Answer:

Option D.

Explanation:

A rule for maximizing utility  is that if an individual wants to maximize total utility, for every dollar that is spent, he/she should spend it on the commodity that yields the greatest marginal utility per dollar of expenditure.

In the scenario presented above, we can see that the marginal utilities per dollar for both commodities that Jane consumes are equal, therefore she can neither increase or decrease spending on any particular commodity in order to increase or decrease its marginal utility, this is because she gets an equal amount of marginal utility from both commodities.

Therefore, with the same amount of money, Jane cannot increase utility.

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The person who receives financial protection from a life insurance plan is called a beneficiary. I hope that I helped, Have a wonderful day!

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Marigold corp. has two divisions; sporting goods and sports gear. the sales mix is 65% for sporting goods and 35% for sports gea
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<span>Sporting Goods - CM 30% x 65% = 19.5% Sports Gear - CM 50% x 35% = 17.5% Total Fields Corp - Weighted Avg CM = 37% FC 2,220,000 / Avg CM 37% = 6,000,000 Break Even sales Sporting Goods Sales @ 65% = 3,900,000 x 30% = 1,170,000 CM Sports Gear Sales @ 35% = 2,100,000 x 50% = 1,050,000 CM Total Sales 6,000,000. Total CM 2,220,000 Total FC 2,220,000</span>
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3 years ago
Purchases of inventories by A) households and Firms are also counted in investment spending. B) foreign consumers are counter in
Iteru [2.4K]

Answer:

The answer is C.

Explanation:

Gross Domestic Product is the total market value of all final goods and services produced within a country during a given period of time. It is usually a year.

In calculating, GDP, we have expenditure approach, income approach and value-added approach.

In this question, the expenditure approach will be used to explain the answer to this question.

To calculate GDP using expenditure approach, the formula is:

C + I + G + (X-M)

where C is the consumers' spending

I is the investment spending

G is government spending

X is the exports

M is the imports.

The correct answer is C. firms purchases of inventories is part of investment spending. Firms can purchase raw materials(inventory) and process it into finished goods(inventory). The change in inventory(difference between the closing inventory and opening inventory) is part of the calculation of investment spending.

Households buying inventories(finished goods) is part of consumers' spending and not investment spending.

6 0
4 years ago
Jenny has a degree in social work and is looking for her first job out of college. It is most important to her that she have a j
kondaur [170]
Remark
If Jenny takes option A by a month later between people's problems and her late nights working, she's going to be completely worn out, but her student loan will begin to get paid off. That's a plus.

If she takes B she does not get the career fulfillment that she wants. No job is perfect and that student loan is like a massive weight around her neck. She could do volunteer work on the weekends.

C is completely out of the question. She's piling debt on debt. If she meets with one of life's catastrophes, she will be in real trouble. C is not an option at all.

D
D to me is an option. Working with kids, she will discover, is career advancement enough. If she get's tenure, she's set.

Based on just what is in the question and nothing more, I would pick D. If you are allowed to add circumstances then B is a good choice. Depends on what kind of questions you had before. I'll stick with D, but it depends on what your marker is like. A machine is merciless and expects only one answer. A person might let you say something and give you credit for what you say.

D<<<< answer.
3 0
3 years ago
Sandia Inc. Wants to acquire a $360,000 computer-controlled printing press. If owned, the press would be depreciated on a straig
Tju [1.3M]

Answer:

c.$37,737

Explanation:

Present value of Cost of Buying = The Cost of Press + [(Post Tax annual maintenance expenses - Annual Depreciation Tax shield)*PVIFA (6%,10)] - [Post tax Salvage Value*PVIF (12%,10)]

PV of Cost of Buying = 360000 + (3000*(1-40%)-360000/10*40%)*7.360 - 25000*(1-40%) * 0.322

PV of Cost of Buying = $262,434

Present value of Cost of Leasing = Post tax Lease Payment at the Beginning *(1+PVIFA(6%,9))

PV of Cost of Leasing = $48000*(1-40%)*(1+6.802)

PV of Cost of Leasing = $224,697

Net advantage to leasing = PV of Cost of Buying - PV of Cost of Leasing

Net advantage to leasing = $262,434 - $224,697

Net advantage to leasing = $37,737

7 0
3 years ago
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