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mezya [45]
3 years ago
6

Lamar has 20 Oranges and 15 Apples

Business
1 answer:
zhuklara [117]3 years ago
7 0

Answer:

The Edgeworth-Bowley Fund basically has financial information provided by the two economic actors participating in the exchange. In this way, the indifference curves and the assigned quantities (initial allocations) of the two goods present in their respective consumption baskets are included.

By means of a square both individuals face each other, as two opposite diagrams. The first is located in the lower left corner and the second in the upper right (points 0). Alternatively, the ordinate and abscissa axes are used to represent the quantities of each merchandise, with the result that the width of the box is the quantity of good 1 and the height is that of good 2.

Then, taking into account the box built and the distribution of the products, the indifference curves of each part are drawn.

Explanation:

The Edgeworth box for the proposed exercise is attached as an attachment below:

Please download the attached file, we can see the indifference curves of each part for both Lamar and Maria.

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Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for
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Answer and Explanation:

The computation of the amount is shown below:

a. For FOB destination

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7 0
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The USDA maintains ethanol has an impact on food prices. "Higher ethanol production definitely and directly raises the price of
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new corn farmers will enter the market and decrease the market price.

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In regards to the information provided, it can be said that in a long term perspective if the production of ethanol keeps increasing then new corn farmers will enter the market and decrease the market price. This is because as ethanol production increases, so does the price of corn. This will continue up to a certain point were profitability for farmers is high and many new farmers will enter the market hoping to profit from the corn as well. All these new farmers will drastically increase the production of corn and as the supply of corn rises the prices will begin to fall.

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3 years ago
If each unit of output can be sold at a price of $5 and incurs variable costs which are constant at $3 per unit, and if the fixe
Vesnalui [34]

Answer:

Break-even point= 15,000/ (5 - 3)= 7,500 units

Explanation:

Giving the following information:

Each unit of output can be sold for $5, variable costs are constant at $3 per unit, and if the fixed costs are $15,000.

We need to use the following formula:

Break-even point= fixed costs/ contribution margin

Break-even point= 15,000/ (5 - 3)= 7,500 units

7 0
2 years ago
Read 2 more answers
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