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zhuklara [117]
3 years ago
8

Assume that a consumer purchases a combination of products Y and Z and that the MUy/Py = 30/2 and MUz/Pz = 45/3. To maximize uti

lity, without spending more money, the consumer should.
Business
1 answer:
IrinaVladis [17]3 years ago
7 0

Answer:

Make no change in Y and Z.

Explanation:

It was assumed that consumer purchases the combination of two goods, Y and Z.

\frac{MU_{Y} }{P_{Y}}= \frac{30}{2} = 15

\frac{MU_{Z}}{P_{Z}}=\frac{45}{3}=15

For maximizing the utility of the consumer, the ratio of marginal utilities must be equal to the price ratio of the products.

We can see that the ratio of marginal utilities is equal to the price ratio of the products. Hence, the consumer should not make any changes to the combination of products.

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3 years ago
Tanner, Inc. incurred a financial and taxable loss for 2018. Tanner therefore decided to use the carryback provisions as it had
inessss [21]

Answer:

The refund claimed should be shown as a benefit due to loss carryback in 2018.

Explanation:

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4 0
2 years ago
The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $900 per month.
Aliun [14]

Answer:

$950 in order to maximize the revenue.

Explanation:

The computation of monthly rent in order to maximize revenue is shown below:-

R (x) = Rent price per unit × Number of units rented

= ($900 + $10 x) × (100 - x)

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R1 (x) = -20 x + 100 = 0

20 x = 100

x = 5

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3 years ago
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3 years ago
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