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Afina-wow [57]
3 years ago
11

Gillian is consuming her optimal consumption bundle of peanuts and raisins. The marginal utility associated with the last peanut

she consumes is 4 utils, and the marginal utility associated with the last raisin is 2 utils. What must be the price of peanuts relative to that of raisins?
Business
1 answer:
olchik [2.2K]3 years ago
3 0

Answer: The price of peanuts realitve to that of raisins must be 2.

Explanation: Mathematically, relative prices are defined as:

Relative price of Good A with respect to Good B = Price of A / Price of B

So: Relative price of peanuts respect to raisins = Price of peanuts / Price of raisins

...

<u>Relative price of peanuts respect to raisins = 4 / 2 = 2.</u>

<u></u>

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London corp. issued 1,000 shares of stock for $20 per share. what are the effects of this transaction?
Anarel [89]

Based on the fact that London Corp, issued 1,000 shares at $20 per share, the effects of this transaction are:

  • Increase in cash
  • Increase in common stock

<h3>What happens when stock is issued?</h3>

When stock is issued newly, the stock will be sold for cash which in this case is;

= 1,000 x 20

= $20,000

This means that cash in the company has increased.

Something else that will increase is the common stock. This is the account where the value of the issued stock will go to.

Find out more on stock issuance at brainly.com/question/25562729

#SPJ1

8 0
1 year ago
New seasons market, a locally owned and operated one-stop grocery store based in portland, oregon is committed to providing loca
Dmitry_Shevchenko [17]
I would say that New Seasons is creating a model for a store which sells local products and ones which its' customers approve of ie it could be for a particular type of sardine for example or a particular ethnic food like tamales so that its customers wishes are taken into account and acted upon.
5 0
3 years ago
A company has a degree of operating leverage of 2.5. If sales increase by 10%, then profits will: Multiple choice question. incr
RSB [31]

Answer:

. increase by 25% increase

Explanation:

The degree of operating leverage (DOL) measures the sensitivity of a company's operating income or profits to changes in the demand

DOL = percentage change in operating income or profits / percentage change in units sold

2.5 = percentage change in operating income / 10%

percentage change in operating income  = 10% x 2.5 = 25%

profits will increase by 25%

4 0
3 years ago
Consider each case​ separately: 1. a. What is the current annual operating​ income? b. What is the current breakeven point in​ r
kap26 [50]

Answer:

Instructions are listed below

Explanation:

We don't have enough information to answer the question numerically. But, I can provide a few formulas of how to answer it.

A)

Revenue/Sales (+)

Cost of Goods Sold (COGS) (-)

=Gross Profit

Marketing, Advertising, and Promotion Expenses (-)

General and Administrative (G&A) Expenses (-)

=Net operating income

B)Break-even point (dollars) fixed costs/ contribution margin ratio

Contribution margin ratio= (Price - unitary variable cost)/Price

1) Increase in Unitary variable cost:

Contribution margin= price - new unitary variable cost

2) Variance in income= new sales* contribution margin - increase in fixed costs

3) Prepare the income statement again

C) Break-even point= fixed costs/ contribution margin

4 0
3 years ago
The capital structure weights used in computing a firm's weighted average cost of capital:_________.
neonofarm [45]

Answer:

B. Are based on the market values of the firm's debt and equity securities.

Explanation:

The capital structure weights do not normally remain constant, since retained earnings, an essential component of equity capital, would keep changing from year to year, thereby changing the overall capital structure and the respective weights. Weighted Average Cost of Capital (WACC) is the overall costs of capital and is based on your current capital structure.

7 0
3 years ago
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