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Paladinen [302]
3 years ago
8

The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first

three pizza slices are: 48, 33, and 3 respectively. The marginal utility from the first three pairs of cheap sandals is 120, 30, and 6. Each banana costs $1, pizza costs $3 per slice, and a pair of sandals cost $6. You have $6 in your budget. How do you maximize your utility?
A. 1 pair of sandals
B. 3 bananas, 1 pizza slice
C. 3 pizza slices
D. 3 pairs of sandals
E. 2 pizza slices
Business
1 answer:
MaRussiya [10]3 years ago
6 0

Answer:A pair of sandals.

Explanation:Its so obvious stating that the marginal utility derived from sandals is higher compared to the other two items. You maximize your utility by going for the item with highest satisfaction which is glaringly sandals.

You also maximize your utility by considering the item which is economica prudent to one needs or want.

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Advantages of discounted payback period​
zaharov [31]

Answer:

The main advantage of the discounted payback period method is that it can give some clue about liquidity and uncertainly risk. Other things being equal, the shorter the payback period, the greater the liquidity of the project. Also, the longer the project, the greater the uncertainty risk of future cash flows.

8 0
3 years ago
Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm. She believes that the talents and abilities of her com
SCORPION-xisa [38]

Answer: there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.

Explanation:

From the question, we are informed that Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm and she believes that the talents and abilities of her company’s employees are underutilized and therefore she decided to hire her firm’s first human resource manager who can help her devise more effective human resource strategies.

The likely result of this decision by Rose is that there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.

4 0
4 years ago
An office manager uses 500 boxes of file folders per year. The price is $8.50 per box for an order size Q <= 200, $8.00 per b
Serhud [2]

Answer:

The correct  answer is 8 $ per box

Explanation:

Solution

Given that:

Let EOQ = √(2*D*S/H) = √(2*500*150/0.2*P)

(a) Let P = 8.5 $/box

Then,

EOQ = √(2*500*150/0.2*8.5) = 297 boxes

Thus,

No feasible as P = 8.5 $/box when Q<=200

(b). Let P = 8 $/box

Thus,

EOQ = SQRT(2*500*150/0.2*8) = 306 boxes (approx)

This  quantity is right as it falls between 200 and 800.

Therefore the price at the optimal order quantity that minimizes total annual cost is  8 $/box

7 0
3 years ago
Question 1 (1 point)
Papessa [141]

Q1:B

Q2:D

Q3:C

Q4:--

Q5:C

Q6:B

Q7:D

Q8:B

Q9:D

Q10:D

3 0
3 years ago
Charleston Clothing purchased​ land, paying $ 110,000 cash and signing a $ 280,000 note payable. In​ addition, Charleston paid d
Reil [10]

Answer:

Dr Land 397,950

    Cr Cash 117,950

    Cr Notes payable 280,000

Explanation:

Certain ordinary and necessary costs can be included in the purchase cost of land:

  • cost of the land
  • title fees
  • applicable taxes
  • legal fees
  • broker fees
  • survey costs
  • leveling costs
  • zoning fees
  • etc.

In this case, the total purchase cost of the land = $110,000 + $280,000 + $1,400 + $650 + $5,900 = $397,950

3 0
3 years ago
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