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tamaranim1 [39]
4 years ago
8

If Ty's marginal utility for a cup of coffee is 20 and his marginal utility of a donut is 10, then: A. coffee should be his next

purchase. B. they should both be purchased. C. the donut should be his next purchase. D. price information is also needed to determine what should be purchased next.
Business
1 answer:
Radda [10]4 years ago
8 0

Answer:

D. Price information is also needed to determine what should be purchased next

Explanation:

Utility refers to the amount of satisfaction derived upon consumption of unit of a product.

Marginal utility refers to the addition to total utility when an additional unit of a product is consumed.

The decision concerning a choice between two products, would be taken with respect to their respective utilities derived per unit of a common unit i.e price, expressed in dollars.

The product which provides a higher marginal utility per unit of dollar would be preferred for purchase.

In the given case, the marginal utility of a cup of coffee is greater than the marginal utility of a donut. While deciding which unit of the two should be purchased, the price of both is required to arrive at a decision.

So, marginal utility per unit of dollar spent is required to be computed in the given case.

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1. For a given meal, a chef may prefer grilling to baking because it
tangare [24]

[] Answer []

\boxed{Produces \ more \ intense \ flavor}

[] Explanation []

For a given meal, a chef may prefer grilling to baking because it <u><em>produces more intense flavor</em></u>.

Chef - Cooks instead of bakes (Uses stovetop)

Baker - Bakes instead of cooks (Uses oven)

       When cooking, you are making meals and entrés, instead of pastries and baked goods. When cooking, a chef always wants to let out he most flavor he can. This is why he grills. When grilling, you cook your food in oil, butter, marinade, etc. All these flavors soak into the food, causing it to erupt with flavor. This is why when a chef cooks meat, he lets it soak in marinade, butter, wine, herbs, etc. first, then cooks them in it second. This entices the flavor, causing it to to be more tasteful and delightful.

       A chef prefers to grill because it pulls out the flavor, where-as baking is a slower, less intense method of producing / cooking food. Baking is more bland and does not create a superb audience. When cooking something, you are allowing your food to soak in grease, wine, etc. When baking something, your food sits there slowly without any interaction too much flavor.

\boxed{[] \ Eclipsed \ []}

4 0
4 years ago
Adeline runs a multi-cuisine restaurant. On the day of a big event at the restaurant, the chefs run out of cooking gas. At this
Nonamiya [84]

Answer:

D. The GII decision style

Explanation:

This is the situation or technique whereby a leader calls his team together seeking ideas and input (brainstorming together) to find solutions to apparent problems facing them. The overall decision of the group brainstorming is what is accepted and used. This is based on the Vroom–Yetton contingency model is a situational leadership theory of industrial and organizational psychology. In the GII decision style, the final decision is no longer the leaders decision again. The leader allows free flow of discussion during the brainstorming session and doesn't impose his will. Here, Adeline calls her staff together to brainstorm a solution to the finished gas problem in front of them.

5 0
4 years ago
Which of the following correctly orders the investments from LOWER risk to HIGHER risk?
Nitella [24]

The answer is C (from left to right): Treasury Bond, Diversified Mutual Fund, Stocks



7 0
3 years ago
What is internal financing?
postnew [5]

<span>Internal financing is when a firm uses its profits as a source of capital for a new investment. Instead of the firm obtaining financing from the outside, the firm can use its profits to acquire new investment. This can be considered less expensive than external financing because no transactions costs will be incurred. </span>

4 0
3 years ago
Baxter Company produces Frisbees using a threeminusstep sequential process that includes​ molding, coloring and finishing. At wh
Hoochie [10]

The options are:

A) When the Frisbees are in WIP InventoryWIP Inventory-Molding

B) When the Frisbees are in WIP InventoryWIP Inventory-Finishing

C) When the Frisbees are in WIP InventoryWIP Inventory-Coloring

D) All of the above

Answer:

D) All of the above

Explanation:

Manufacturing overhead is defined as all manufacturing cost incurred in producing a good that cannot be traced directly to the product in an economically feasible way.

For example processes in Work In Process stage of manufacturing such as labour and utility expenses are manufacturing overhead costs. Work in process is the manufacturing stage where goods are converted from raw goods to partially finished goods.

So all the options given which are on the WIP are correct.

4 0
4 years ago
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