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3 years ago

How does the government help ensure fair prices for all citizens of a particular area served by one utility company?

Business

1 answer:

grigory [225]3 years ago

5 0

Answer:

The answer is by negotiating affordable rates with a supplier.

Explanation:

The government helps ensure fair prices for all citizens by negotiating affordable rates with a supplier.

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Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the

stiv31 [10]

Answer:

Consultative

Explanation:

I did this question

4 0

3 years ago

Charlie likes both apples and bananas. he consumes nothing else. the consumption bundle where charlie consumes xa bushels of app

Sunny_sXe [5.5K]

Answer:

the question is incomplete:

It happens that the set of consumption bundles (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB = 150/xA.

I also found the attached graph.

The requirements are:

Is (30,5) ≈ (10,15) true or false?
Is (10,15) > (20,5) true or false?
Is (20,5) ≥ (10,10) true or false?
Is (24,4) ≥ (11,9.1) true or false?
Is (11,14) > (2,49) true or false?
A set is convex if for any two points in the set, the line segment between them is also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex set?
Is the set of bundles that Charlie considers inferior to (20,5) a convex set?
The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his ______________ ___ of ___________ at that point.
Find Charlie’s marginal rate of substitution at the point (10,10).
Find Charlie’s marginal rate of substitution at the point (5,20).
Find Charlie’s marginal rate of substitution at the point (20,5).
Do the indifference curves you have drawn for Charlie exhibit diminishing marginal rates of substitution?

Answers:

true, they are on the same red line
true, (10,15) is on the red line while (20,5) is on the blue line
true, they are equivalent since both are on the blue line
false, (11,9.1) is on the blue line and (24,4) is on the red line
true, (11,14) is on the red line while (2,29) is on the blue portion
yes, it is a convex set
no, they are not a convex set
The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his <u>RATE</u> of <u>SUBSTITUTIO</u>N at that point.
marginal rate of substitution at (10,10) = -10/10 = -1
marginal rate of substitution at (5,20) = -20/5 = -4
marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25
yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25

3 0

3 years ago

Consider the market in which bag producers operate. Suppose that the price ot a backpack rises. Explain how this event will chan

netineya [11]

Answer:

A. The quantity of backpacks supplied increases and the supply of backpacks is unchanged

Explanation:

The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

If the price of backpack increases, the quantity of backpacks supplied would increase. This would lead to an upward movement along the supply curve.

There would be no change in supply.

Changes in price only leads to changes in quantity supplied.

I hope my answer helps you

4 0

4 years ago

Read 2 more answers

Chavin Company had the following results during August: net operating income, $350,000; turnover, 2; and return on investment (R

mixas84 [53]

Answer:

$1,458,333.33

Explanation:

Chavin company has a net operating income of $350,000

The turnover is 2

The return on investment is 24%

= 24/100

= 0.24

Therefore, the average operating assets can be calculated as follows

ROI= Net operating income/Average assets

0.24= $350,000/average assets

Average assets= $350,000/0.24

= $1,458,333.33

Hence the Chavin's company average operating assets were $1,458,333.33

8 0

3 years ago

The contribution margin is determined by subtracting _______.

sineoko [7]

Answer:

c. variable product and variable period cost from sales.

Explanation:

Contribution Margin is obtained by subtracting the total variable costs from the sales. This is also known as direct costing. Deducting fixed expenses from the contribution margin yields profit . Contribution margin is used in various ratios such as the contribution margin ratio and break even sales is also determined by using it sometimes. Contribution margin is a tool for managers as sales figures guide cost figures. The variable cost of goods sold varies directly with sales volume and the influence of production on profit is eliminated.by deducting only the variable product costs and not the variable period costs we get gross contribution margin. After deducting the variable period costs we get the contribution margin.

5 0

3 years ago