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Katena32 [7]
3 years ago
13

Assume that the price of oranges increases to $2, while the price of apples remains at $1, and Linda allocates $5 of the weekly

food budget to purchasing apples and oranges. If Linda wants to maximize her utility, her new consumption bundle will consist of a. 1 apple and 2 oranges. b. 3 apples and 1 orange. c. 5 apples and no oranges. d. none of the above
Business
1 answer:
Murljashka [212]3 years ago
5 0

Answer:

The correct option is B

Explanation:

When making a purchase a consumer attempts to get the greatest value possible from expenditure of least amount of money, this is the economic concept of maximizing utility. To maximize the total value derived from the available money.

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Mark's home was damaged in a fire and no longer able to be occupied. Fortunately, the event was insured by Mark's property insur
juin [17]

Answer:

Coverage D

Explanation:

Coverage D basically refers to insuring against the loss of use of your house, i.e. you cannot live in your house temporarily. Coverage D will provide for additional living expenses to the insured in order to cover lodging expenses while the insured property is being repaired and can be used again.

5 0
3 years ago
The fundamental idea behind _____ is that corporations have duties that go beyond lawful execution of their economic function.
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Answer:

Corporate Social Responsibility.

Explanation:

Corporate social responsibility is a form of foreign self-regulation of a private enterprise aimed at contributing to public objectives of a philanthropic, political or humanitarian nature or by participating in or promoting voluntary or ethically driven activities.

  • Social Operating License can be described as a statutory basis for the legality of the operations and the participation of the organization in the ventures.
  • This relates to the amount of support and recognition of the operations of an organization by its stakeholders.

5 0
3 years ago
A local store can print 55,000 papers per hour. How many papers can they print in 5 1/4 hours?
Alchen [17]
To find the answer you need to multiply 55,000 times 5 1/4 that is equal to 68750.
6 0
3 years ago
Read 2 more answers
An open-market purchase of securities by the Fed results in ________ in reserves and ________ in the supply of money. Group of a
qaws [65]

Answer:

an increase; an increase

Explanation:

Open market operations is a monetary policy instrument which is used by the Fed to control the money supply in an economy. In open market operations, there is a buying and selling of government securities from the public through banks.

If Fed purchases the government securities from the market then this will increase the money supply in an economy and there is a flow of money from Fed to public. This purchase of securities will also increase the reserves of the banks which they can utilized in lending to the individuals and other organisations.

7 0
3 years ago
36. A manufacturer's or supplier's use of an independent third party to manage an entire function of the logistics system, such
Sedaia [141]

Answer:

a.

Explanation:

Based on the scenario being described within the question it can be said that these processes are known as outsourcing. This term or process is when a company hires another company in which the hired company agrees to be responsible for an activity or process that could be done internally but which the company has decided not to. Such as in this scenario since a third party (completely unrelated company) is handling all of the logistics division of the company.

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3 years ago
Read 2 more answers
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