1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KengaRu [80]
3 years ago
13

Your buddy Amanda wants your advice. She presents you with the utility schedule above and wants to know how many units of Produc

t B she should purchase to maximize her utility. She tells you the price of Product A is $6 and the price of Product B is $10. Amanda informs you she only wants to spend $48. How many units of Product B do you tell Amanda to purchase?

Business
1 answer:
Vilka [71]3 years ago
8 0

Answer:

Answer for the question:

Your buddy Amanda wants your advice. She presents you with the utility schedule above and wants to know how many units of Product B she should purchase to maximize her utility. She tells you the price of Product A is $6 and the price of Product B is $10. Amanda informs you she only wants to spend $48. How many units of Product B do you tell Amanda to purchase?

is given in the attachment.

Explanation:

You might be interested in
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................
Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................   $0.9432

Premium =                             $0.0049

90-day forward.......................... $0.9531

Spot............................................   $0.9432

Premium =                             $0.0099

180-day forward........................ $0.9594

Spot............................................    $0.9432

Premium =                               $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0
3 years ago
At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w
steposvetlana [31]

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

8 0
3 years ago
Having term limits on Boards of Directors for companies forces firms to rotate leadership to get new ideas. It also creates this
yKpoI14uk [10]

The available options are the following:

-Board members serve on multiple boards

-People with knowledge of the firm's history are replaced with those who may not know as much information

-Less frequent board meetings

-Better decisions about important issues

Answer:

-People with knowledge of the firm's history are replaced with those who may not know as much information

Explanation:

Considering the available options, the option that appears negative and related to the point being discussed is

"People with knowledge of the firm's history are replaced with those who may not know as much information."

It is straightforward, as changing the board of directors will at some point lead to a time where the new member in the board of directors will just be a competent worker but has no history with the company.

8 0
3 years ago
A company issued a 20-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of interes
Kitty [74]

Answer: $828

Explanation:

Given the following :

Semi-annual payment = $40

Period = 20 years

Number of payments = (20 * 2)(semiannual) = 40 payments

Par value = $1000

Interest rate = 5%

Using the PV table:

PV at $1 (40, 5%) = 0.1420

PVA at $1 (40, 5%) = 17.159

[Par value * PV at $1 (40, 5%)] + [$40 * PVA at $1 (40, 5%)]

= ($1000 * 0.1420) + ($40 * 17.159)

= $142 + $686.36

=$828.36

= $826

4 0
2 years ago
The following information relating to a company's overhead costs is available. Actual total variable overhead $ 73,000 Actual to
Andrei [34K]

Answer: $2,000 favorable

Explanation:

Total variable overhead variance = Budgeted variable overhead - Actual total variable overhead

Budgeted variable overhead = Budgeted machine hours allowed for actual output * Budgeted variable overhead rate per machine hour

= 30,000 * 2.50

= $75,000

Total variable overhead variance = 75,000 - 73,000

= $2,000 favorable

Favorable because the actual amount was less than the budgeted one.

6 0
2 years ago
Other questions:
  • For each of the following fixed assets, determine the depreciation expense for Year 3: Disposal date is N/A if asset is still in
    12·2 answers
  • Which change should be made to the above cover letter excerpt before sending it to an employer
    15·2 answers
  • Mumbai Grocery in India buys produce directly from farmers. It provides the farmers with information: It tells them the amount i
    8·1 answer
  • Process manufacturing involves taking raw materials and physically or chemically changing them into another form, while the asse
    14·1 answer
  • A large increase in the income level in the U.S. along with no growth in Mexico’s income level is normally expected to cause (as
    11·1 answer
  • QUESTION 1<br> To what does tax progressivity refer? (5 points)
    14·1 answer
  • From 1990 to 2000, calculate the percentage change in Instructions: Enter your responses rounded to one decimal place. If you ar
    14·1 answer
  • The business department of State Community College is increasing its online course offerings. Its objectives are uniformity of q
    15·1 answer
  • Your and your business partner bake bread to be sold at the Madison Farmer's Market every Saturday. You calculate the underage c
    5·1 answer
  • Please Help~!!!!
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!