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klasskru [66]
4 years ago
8

2. At a consumer optimum, for all goods purchased, marginal utility per dollar spent is equalized. A high school student is deci

ding between attending Petersburg University and Fairfax University. The student cannot attend both universities, but the reputation of Petersburg is slightly higher, as is the tuition. Use the rule of consumer optimum to explain how the student will go about deciding which university to attend.
Business
1 answer:
Greeley [361]4 years ago
4 0

Answer:

The high school student should analyze the point at which the marginal cost equals the marginal benefit.

In other words, he or she should see if the increased costs of attending Petesburg University are more or less equal to the increased benefit that is gained from graduating from a more prestigious university.

The student should also analyze the possible opportunity cost in the future. Attending amore renowned college can result in better job prospects than doing otherwise. Higher salaries in the future could be given up if he or she chooses the cheaper option.

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Power industries has acquired a patent for $16,000. its useful life is expected to be four years. Prepare the yearly journal ent
goblinko [34]

If Power industries has acquired a patent for $16,000. its useful life is expected to be four years. The yearly journal entry to recognize periodic amortization is: Debit  Amortization Expense - Patents $4,000; Credit Patents $4,000.

<h3>Journal entry </h3>

If the company has acquired a patent for the amount of  $16,000 in which the  useful life is expected to be four years. The appropriate  journal entry to recognize periodic amortization is:

Power industries journal entry

Debit  Amortization Expense - Patents $4,000

Credit Patents $4,000

($16,000/4 years)

(To record periodic amortization recognized)

Therefore the yearly journal entry to recognize periodic amortization is: Debit  Amortization Expense - Patents $4,000; Credit Patents $4,000.

Learn more about Journal entry here:brainly.com/question/14279491

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2 years ago
Give examples if operational conflicts that could occur in a cross- cultural context because of different attitudes towards:1) t
DanielleElmas [232]

The correct answer to this open question is the following.

Give examples of operational conflicts that could occur in a cross-cultural context because of different attitudes towards:1) time, 2) individualism.

Well, let's start with time. In the United States, time is of the utmost importance. There we have the old saying: "Time is money."

In the workplace, everything is based on the smart and efficient use of time. No time must be wasted in the workplace.

Individual effort is important in the American culture, but the team effort, the concept of being a good team player is very important under the following premise: teams can accomplish more than individuals.

What most Americans desire is individual recognition through team effort.

That is why team sports are so good in the United States because they exemplify the way teams function and what they can accomplish. For instance, college and pro football, basketball, and baseball.

The region that has a different approach, is Latin America. This does not mean that is better than the other, just that there are major differences between the two.

The management of time is very different in Latin American countries. It is not as important as the US. People in Latin America approach the concept of time in a more relaxed way. In Latin America, there is a more relaxed approach to time. Nothing is urgent, Things take time. Things are made at a different pace compared to the US.

And regarding individualism, Latin American people tend to prefer to be more individualistic to do things trying to get some recognition, The team concept is not as developed as in the US.

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a) A brainstorming meeting.

Explanation:

Have a good day and stay safe!

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Marta_Voda [28]

a, since twenty-seven should say 27 or twenty seven without a dash

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