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
Intellectual property protection, nondisclosure agreements, assignments of inventions and, covenants not to compete and license
Tresset [83]

Answer:

The correct answer is b. Technology development.

Explanation:

Technological development is defined as the systematic use of knowledge and research directed towards the production of materials, devices, systems or methods including the design, development, improvement of prototypes, processes, products, services or organizational models.

Starting from the fact that technological knowledge is essentially composed of technical information, know-how, inventions, guides, manuals, procedures, among other intangible elements, before which, intellectual property comes to play a decisive role in the protection and management of These elements of an intangible nature, and therefore, knowledge-generating institutions such as universities, increasingly resort to intellectual property to understand what kind of intangible intellectual property assets exist in their technology, how to manage them during the transfer process, and of course having the necessary control to be able to monetize them, that is, to obtain profit through their exploitation.

4 0
3 years ago
The "swish" design for Nike is a _[blank]_.
Rina8888 [55]

brand mark, it is one of the most well known brand marks

4 0
3 years ago
Read 2 more answers
Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol levels, so the firm is the
Troyanec [42]

Answer:

The markup calculated as a result of information about the elasticity of demand

Explanation:

As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.

There are three facts about markup:

1. The Markup is not to be a price below marginal cost of the pharmaceutical product.

2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an

increase in revenue for the seller.

Therefore having a -4 elasticity of demand could imply more profits for the firm.

5 0
3 years ago
You take out a loan for $100,000 at an annual interest rate of 5.9% that is to be paid with three equal annual payments of $37,3
Hunter-Best [27]

Answer:

The principal repaid in the second year will be $33,296.

Explanation:

Out of each 37,341.79 payment a part of it will be principal repayment and a part of it will be interest payment. When the first 100,000 is paid (0.059*100,000)=5,900 is interest and (37,341-5,900)= 31,441 is principal repayment which means, that in the second year the principal remaining is (100,000-31,441)=68,559. So the interest payment in the second year will be (0.059*68,559)=4,045 and the principal repaid will be (37,341-4,045)=33,296.

8 0
3 years ago
A financial ratio by itself tells us little about a company since financial ratios vary a great deal across industries. There ar
Sergio [31]

Answer:

When doing time trend analysis for financial ratios we can know how a company's ratio's have changed over time or if they have remained the same, so for example if a company's current ratio was less than 1 a year ago and is 3 now it means that the company was not very liquid a year ago but since then has made changes because of which it is liquid now, so we can see how a company has performed over a certain period of time.

On the other hand peer group analysis tells us how a company is performing compared to other companies in the same industry. For example if our cement company has a profit margin of 7% but the industry average is 15% we know that our company is doing something wrong  or different as compared to the industry and we can look into it.

Explanation:

3 0
3 years ago
Other questions:
  • You are the manager of a firm producing green chalk. The marginal product of labor is:
    15·1 answer
  • A __________ is a specific prediction of how variables may be related; whereas a ________ includes broad explanations and predic
    7·1 answer
  • E-training for government officials is an example of a ____ application.
    5·1 answer
  • Calculate total GDP for this economy given the following components of supply. Round your answer to the nearest tenth and enter
    12·1 answer
  • What is the relationship between insurance and successful financial management? Why is insurance important?
    12·2 answers
  • What is seen as a major downfall to pepfar funding?
    10·2 answers
  • One reward of starting your own business is _____.
    10·1 answer
  • What is an advantage of economic specialization?
    10·1 answer
  • QUESTION 1 A factor that increases the likelihood of a loss is known as a _______ . 1. Premium 2. Peril 3. Hazard 4. Risk 1 poin
    13·1 answer
  • WaterwayCompany has the following equivalent units of production for July: materials 15460 and conversion 11540. Production cost
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!