1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dominik [7]
3 years ago
11

A consumer is consuming at a point on her budget line. Her income is $50 a week, and she purchases hamburgers and grilled cheese

sandwiches. Hamburgers cost $4, and she consumes 10 of them. She consumes eight grilled cheese sandwiches. How much do grilled cheese sandwiches cost?
Business
1 answer:
Ivahew [28]3 years ago
3 0

Answer:

Each grilled cheese costs $1.25

Explanation:

Giving the following information:

Her income is $50 a week. Hamburgers cost $4, and she consumes 10 of them. She consumes eight grilled cheese sandwiches.

To calculate the price of the grilled cheese sandwiches, we need to use the following equation:

Income= cost of hamburgers*number of units + cost of grilled cheese*number of units

50= 4*10 + x*8

10=8x

$1.25= x= grilled cheese

You might be interested in
Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the projec
otez555 [7]

Answer: B - 2.09 years

Explanation:

Discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cash flows generated from the project.

The calculation used in getting the answer is found in the attachment.

6 0
3 years ago
Aaron promises to sell his boat to Matt, and Matt promises to buy it from Aaron. What type of contract is this? Group of answer
Minchanka [31]

Answer: c. A bilateral contract

Explanation:

In a bilateral contract, the parties involved promise to both perform duties to the other which will make them both an obligor and an obligee.

An obligor is one who owes a duty to another and the obligee is one who a duty is owed to.

Aaron both owes a duty to sell the boat to Matt as well as being owed by Matt the duty to buy his boat. The same goes for Matt thus making this a bilateral contract.

5 0
3 years ago
Suppose that out of the original 100 increase in government spending, 33 will be recycled back into purchases of domestically pr
serious [3.7K]

Answer:

Multiplier effect in the 4th round = 3.58

Explanation:

A change in aggregate demand can create a much greater impact in the equilibrium national income. This is known as the multiplier effect. This occurs when injections of new demand for goods and services into the circular flow of income creates further rounds of spending. For example, if the government spending was on building new affordable houses then the need for housing materials will create demand for wood, cement and other housing supplies. Thus, these businesses will see a rise in sales. Whilst they benefit through profits, their employees would benefit from wages and salaries. As their income rises, they will spend it in the economy, and so will the businesses from their profits. This additional rounds of spending is the multiplier effect.

If a 100 increase creates 33 for the second round, it is 33% (33/100 x 100) i.e. 100 x 33% = 33

This is proven since 33 x 33% = 10.89 in the third round.

Hence, the multiplier effect in the forth round = 10.89 x 33% = 3.58

7 0
3 years ago
In calculating the bank discount when discounting an interest bearing note, which one of the following is not used in calculatio
Anna71 [15]
<span>In calculating the bank discount when discounting an interest bearing note, the one that is not used in calculation is: D. Discount period

Here is the equation that used in interest bearing note:
The Principle proceeds + bank discount = Maturity Value

Discount period only determines the amount of time vendor willing to pay for a product in cash.</span>
4 0
3 years ago
Read 2 more answers
What type of veggies should be cooked before grilling?
lakkis [162]
I would say B starchy vegetables
5 0
3 years ago
Other questions:
  • The inventory of Royal Decking consisted of five products. Information about the December 31, 2021. Inventory is as follows:
    7·1 answer
  • If a specific subsidy​ (negative tax) of s is given to only one competitive​ firm, how should that firm change its output level
    15·1 answer
  • International Paper's land management strategy included investments in hunting and game preserves which were not part of IP's bu
    15·1 answer
  • Rebecca would like to set up an account to supplement her parents' retirement income for the next 15 years.
    7·1 answer
  • PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!! I NEED HELP ASAP!!!!!!!
    10·1 answer
  • Which of the following statements is CORRECT? Group of answer choices
    10·1 answer
  • If a person makes a deposit of 10000 or more into a bank account, the bank must notify the
    6·1 answer
  • A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.
    13·1 answer
  • Mountain High Ice Cream Company transferred $68,000 of accounts receivable to the Prudential Bank. The transfer was made without
    10·1 answer
  • Assess the trade-offs that investors face when making investment decisions, and provide one example of such a trade-off.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!