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LenaWriter [7]
3 years ago
14

The marginal utility per dollar that Harold Stratton receives from oranges is greater than the marginal utility per dollar Harol

d receives from pears. To maximize his utility, what should Harold do?A) He should acquire more income so that he can afford to buy more oranges and pears.B) He should reduce his consumption of both oranges and pears so that he can buy a greater variety of goods.C) He should buy fewer pears and more oranges. D) He should buy fewer oranges and more pears.
Business
1 answer:
Norma-Jean [14]3 years ago
4 0

Answer:

i would say b , but im not 100% sure, good luck!

Explanation:

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Brendan and sean combined their love of baseball with a business venture. they purchased a small cart and began selling memorabi
EastWind [94]

Answer:

The correct answer is C

Explanation:

Environmental Circumstance is the term which is defined as the any circumstances which is forming the grounds of any alleged violation or liability under the Law or Permit of Environmental.

Under this situation, both of them started a business, which performed well in its 1st year, but in the second year the business does not perform well due to the horrible record of team and poor economic conditions. Therefore, this condition will be explained as the environmental circumstances are tough to control as well as are dynamic in nature.

8 0
3 years ago
Problem 7-5 Coupon Rates [LO2] Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity
kakasveta [241]

Answer:

5.32%

Explanation:

The computation of the coupon rate on the bonds is shown below:

As we know that

Current price = Annual coupon × Present value of annuity factor(6.1%,8 ) + $1,000 × Present value of discounting factor(6.1%,8)

$952 = Annual coupon × 6.18529143 + $1,000 × 0.622697222

Annual coupon is

= ($952 - 622.697222) ÷ 6.18529143

= $53.24

Now

Coupon rate is

= Annual coupon ÷ Face value

= $53.24 ÷ $1,000

= 5.32%

Working notes:

1. Present value of annuity is

= Annuity × [1 - (1 + interest rate)^-time period] ÷ rate

= Annual coupon × [1 - (1.061)^-8] ÷ 0.061

= Annual coupon × 6.18529143

And,

2.Present value of discounting factor is

= $1,000 ÷ 1.061^8

= $1000 × 0.622697222

4 0
2 years ago
This information relates to Monty Real Estate Agency.
kotykmax [81]

Answer:

                                 Journal Entries

Date        Account Titles and Explanation      Debit       Credit

Oct. 1       Cash                                                  $34,040

                     Common Stock                                           $34,040

              (To record the cash is invested in the business)  

Oct. 2 No Journal Entry                               $0

Oct. 3      Office Furniture                                  $4,110

                    Accounts Payable                                         $4,110

               (To record the purchase of office furniture on account)  

Oct. 6      Accounts Receivable                          $10,780

                       Service Revenue                                         $10,780

                 (To record the services provided but cash is not yet collected)

Oct. 10      Cash                                                    $165

                      Service Revenue                                           $165

                (To record the services provided by cash)  

Oct. 27      Accounts Payable                              $690

                        Cash                                                             $690

                 (To record the payment made on accounts payable

                  relating to office furniture)  

Oct. 30      Salaries Expense                                 $2,740

                         Cash                                                           $2,740

                  (To record the payment of salaries to the assistant)

3 0
3 years ago
Which of the following refers to the way that interest added to an account earns
prisoha [69]

Answer:

APY is when interest is added to an account that is earning the money so I belive that is the answer

6 0
3 years ago
A current warehouse system has five warehouses with 4,000 units at each warehouse. The company desires to change to three wareho
miskamm [114]

Answer:

Correct option is C.

15492 is the average ware-house inventory level.

Explanation:

A current warehouse system has five warehouses with 4,000 units at each warehouse. The company desires to change to three warehouses to become more centralized and keep the same customer service levels.

Average warehouse inventory levels =4000*5*(3/5)0.5 =15492

3 0
3 years ago
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