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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:

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A 60-year old customer desires an investment that will provide for retirement income when she reaches age 65. The customer is ab
Wittaler [7]

Answer:

B. The purchase of a variable annuity contract

Explanation:

The variable annuity contract is the contract in which there is no limit in terms of dollars for contributions and the income i.e. earned on the investment should be considered as a tax deferred

Since the invested amount is $1,000 per month so for yearly it is $12,000.

Also the IRA account permits $5,500 contribution for the year 2018 so this not meet the requirement of $12,000

Also the large returns bonds are speculative and thus not considered for the income used in the retirement

Hence, the option is correct

7 0
3 years ago
When using the periodic LIFO inventory cost method, which of the following statements is correct? a.The cost of merchandise on h
Kryger [21]

Answer:

correct option is b. The physical count determines the inventory on hand

Explanation:

LIFO is  Last In, First Out

so in LIFO cost flow is assumption

and the last costs are the first ones to leave inventory

become the cost of goods sold on the income statement.

and first costs will be reported as inventory on the balance sheet

and under LIFO periodic we are wait until the entire year is over before assigning cost

so we can say The physical count determines the inventory on hand

and Cost is the total resources given up to acquire inventory and move it

7 0
3 years ago
If there is an excess supply of money in the economy, A. there is also an excess demand for money B. there is also an excess dem
yarga [219]

Answer: B. there is also an excess demand for bonds

Explanation:

When there is an excess supply of money in the economy, there is also an excess demand for bonds.

This is because in his case, rather than holding money, individuals will want to increase their being holdings and therefore, this will lead to the reduction in their holding of money. Equilibrium will further be restored as there'll be reduction in interest rate.

8 0
3 years ago
The Custom Halloween Company purchases a new sewing machine to replace an older machine with limited capabilities. The first wee
ELEN [110]

Answer: Capital investment in new machinery  

Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.  

It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products


7 0
3 years ago
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The ultimate test of the value of a corporate-level strategy is whether the:______.
Mariana [72]

Answer:

Option D. businesses in the portfolio are worth more under the management of the company in question than they would be under any other ownership.

Explanation:

The reason is that the corporate strategy manages the subsidiaries and the parent company as well to drive maximum value from the whole business efficiently by effective strategies. The subsidiaries that were generating profits after acquisition of $5000m and before acquisition of $4500m means that the corporate strategy was effectively implemented which helped the whole parent and subsidiary to drive maximum benefits out of its owned assets.

3 0
3 years ago
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