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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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Jackson has the choice to invest in city of Mitchell bonds or Sundial, Inc. corporate bonds that pay 5.6 percent interest. Jacks
marshall27 [118]

Answer: 4.37%

Explanation:

As interest is tax deductible, the Sundial Interest needs to be adjusted for tax to find out the true return.

Jackson as a single tax payer earning $47,500 in 2019 has a tax rate of 22% according to the IRS Tax bracket for that year.

That means that the interest that true interest that Sundial is offering him is,

= 5.6 * ( 1 - tax rate)

= 5.6 * ( 1 - 0.22)

= 5.6 * 0.78

= 0.04368

= 4.37%

To make Jackson indifferent with the same amount of risk, the city of Mitchell would have to offer him the same interest that Sundial is offering net of tax which is 4.37%.

8 0
2 years ago
A(n) ____ strategy requires little initial investment, is heavily regulated, and provides little opportunity to modify products
Leni [432]

<span>The answer to this question is importing/exporting strategy. Importing is when a product is being brought into the country because they lack of these products or services. While in exporting, this is when a business is increasing its market by supplying its products and services to a different country.</span>

6 0
3 years ago
Suppose that a certain fortunate person has a net worth of $76.0 billion ($7.60×10107.60×1010). If his stock has a good year and
iogann1982 [59]

Answer:

new net worth = 79.2 billion

Explanation:

given data

net worth = $76.0 billion

gains = $3.20 billion

to get here

new net worth

solution

we get here new net worth that is express as

new net worth = net worth + gains     .............................1

put here value and we will get here

new net worth = $76.0 billion + $3.20 billion

new net worth = 79.2 billion

4 0
3 years ago
traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income
Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0
3 years ago
Read 2 more answers
Rick is considering the following alternatives for investing in D Industries, which is now selling for $44 per share:
Darina [25.2K]

Answer:

Check the explanation

Explanation:

To calculate or compute the annual percentage growth rate over a particular year period, minus the opening value from the ending value, after which you’ll divide by the opening value. Then multiply the result you got by 100 to get your growth rate that is demonstrated as a percentage.

The step by step calculation can be seen below:

a)if reaches 50 then per share gain

=final-initial-call premium

=50-45-3.25=1.75

gain(%)=gaim/initial)*100

=(1.75/45)*100

=3.89%

b)gain=50-44=6

gain(%)=(6/44)*100

=13.654%

5 0
3 years ago
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