Answer:
Therefore, Olivia should buy 10 apples and 8 bananas to maximize her utility.
Explanation:
Let A represent the number of apples bought and B represent the number of bananas bought. Therefore since Olivia has $4 to spend:
0.2A + 0.25B = 4 (1)
Also, the tangency condition can be used to find the optimal amount of A to relative to B. It is give as:
Put B = 0.8A in equation 1:
0.2A + 0.25(0.8A) = 4
0.2A + 0.2A = 4
0.4A = 4
A = 10
B = 0.8(A) = 0.8(10) = 8
Therefore, Olivia should buy 10 apples and 8 bananas to maximize her utility.
Answer:
Government's tax revenues would decrease by $1,250
Explanation:
Please refer the complete question below
Song earns $100,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $20,000 of tax). Answer the questions below assuming that Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent.
What will happen to the government’s tax revenues if Song chooses to spend more time pursuing her other passions besides work in response to the tax rate change and therefore earns only $75,000 in taxable income
If Song opts for pursuing his other passions he will end up earning $75,000 and therefore since the tax rate is now 25% he will have to pay $18,750 ($75,000 x 25%) as against the $20,000 ($100,000 x 20%) taxed previously and hence government's tax revenues would decrease by $1,250 ($20,000 - $18,750).
If e, is considering to invest in company stock, 1st tenets should be input and output, Data of raw materials , processing data of that particular raw materials and output of finished goods,calculate the time taken for product as finished goods, Marginal cost, Descriptive statistics.2nd tenets data calculation of cash inflow and outflow, net profit , operating, income statement and balance sheet.3rd tenets Sales data time series analysis, ARIMA analysis and forecasting.
Explanation:
- Business is simple and understood only, When you understand about the product yourself,If you want to start a business in a fitness drink people should be aware of ingredients of a fitness drink that's how the business become simple, ingredients in all business.
- Even if you dont understand Business if it is not that simple look into there management there prospectus, Who is there internal auditor which is SWOT in there Accounting. How strong are they able to curtail there operating cost.
- There are three types investment in business Large cap, Mid cap or diversified cap. Blue chip companies stay long term but less return vise/versa.
- Data for business, P.E ration, IRR, CAPM, ROI, Ratio Analysis, Financial modelling and analytical mind.
The third one is most appropriate ! as it shows that the money can be stored and later we can use !
I agree that the y is connected to fry nye the answer would have to be so be it through the needs
