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Arlecino [84]
3 years ago
10

Mrs. Arnold is spending all her money income by buying bottles ofsoda and bags of pretzels in such amounts that the marginal uti

lityof the last bottle is 60 utils and the marginal utility ofthe last bag is 30 utils. The prices of soda and pretzels are $.60per bottle and $.40 per bag respectively. It can be concludedthat:
A.the two commoditites are substitute goods.
B.Mrs Green should spend more on pretzels and less on soda.
C.Mrs. Green should spend more on soda and less on pretzels.
D.Mrs.Green is buying soda and pretzels in theutility-maximizing amounts.
Business
1 answer:
AleksAgata [21]3 years ago
4 0

Answer:

The answer is C. Mrs. Green should spend more on soda and less on pretzels.

Explanation:

Marginal utility-price ratio = marginal utility of a generic good  / price of a generic good

Soda Marginal utility-price ratio= 60/ 0.60 = 100 utils per dollar

Pretzels Marginal utility-price ratio = 30/ 0.40 = 75 utils per dollar

Mrs. Arnold should choose  soda as it has a higher marginal utility-price ratio than that of  pretzels.

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Perez, Inc. recently completed 40,000 units of a product that was expected to consume six pounds of direct material per finished
Debora [2.8K]

Answer:

$45,000 Unfavorable

Explanation:

The computation of direct-material quantity variance is shown below:-

Direct Material Quantity Variance = Standard Rate × (Actual Quantity - Standard Quantity Used for Actual Production)

= $7.50 × (246,000 - 40,000 × 6)

= $7.50 × (246,000 - 240,000)

= $7.50 × 6,000

= $45,000 Unfavorable

Therefore for computing the direct-material quantity variance we simply applied the above formula.

8 0
3 years ago
What is an acceptable loss of inventory in retail market?
k0ka [10]
High Cost Products Although average annual retail shrinkage hovers in the area of 1.5 percent, specialty stores carrying an inventory of high-demand products risk higher annual shrinkage due to theft.Or <span>Other high-risk products include men's and women's clothing at more than 3 percent annual shrinkage; </span>
3 0
3 years ago
During a sales presentation, the salesperson, Clara, listens to her customer rather than describing her product to the customer.
aleksklad [387]

Answer:

The correct answer is letter "C": engaging in active listening.

Explanation:

Active listening is the activity by which an individual pays attention to whatever the person he is interacting with is saying. The individual might use certain phrases or gestures in between segments to let the other person know he or she is paying attention.

When it comes to sales, <em>clerks need to listen to what consumers say to find out what product better matches the clients' needs and preferences.</em>

6 0
3 years ago
Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.
sleet_krkn [62]

Answer:

Current Ratio=1.93518

Explanation:

Current\ Ratio=\frac{Current\ Assets}{Current\ Liabilities}

Calculating Current Assets:

Current Assets=Total assets-Net fixed assets

Current Assets=$537,800- $412,400

Current Assets=$125,400

Current Liabilities=Total debt- Long-term debt

Current Liabilities=$388,700- $323,900

Current Liabilities=$64,800

Current Ratio=\frac{\$125,400}{\$64,800}

Current Ratio=1.93518

5 0
4 years ago
Résumé search programs often search for _____. a. nouns b. verbs c. adjectives d. participles
photoshop1234 [79]

Answer:

Résumé search programs often search for _____.

a.

nouns

b.

verbs

c.

adjectives

d.

participles

Explanation:

the answer is a. noun I took this test

3 0
4 years ago
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