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Alenkinab [10]
3 years ago
9

If Joseph chooses combination of apples and oranges along his budget line where the marginal rate of substitution of apples in p

lace of oranges is 2 and the price of an apple is $0.50 and the price of an orange is $0.10, then Joseph:
Business
1 answer:
Sladkaya [172]3 years ago
6 0

Answer and Explanation:

The marginal rate of substitution provide information about Two substitute goods or products

In the following situation, a marginal rate of Substitution of apple is higher than oranges, it means apple consumption gives twice utility as oranges,

So Joseph will choose to consume more apples and fewer oranges to fulfill and maximize his total utility.

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Which of these statements about life insurance benefits is false?
Zigmanuir [339]
<span>Employers normally require employees to pay a large portion of thecost of the life insurance benefit.</span>
3 0
3 years ago
Trago Company manufactures a single product and has a JIT policy that ending inventory must equal 20% of the next month's sales.
Colt1911 [192]

Answer:

The number of units that would appear in June's production budget are 297000 units.

Explanation:

The production in June will contain 80% units that relates to June's budgeted sales and 20% units that relate to July's budgeted sales. Thus, the number of units that are to be produced in June are:

June's Production = 0.8 * 295000 + 0.2 * 305000 = 297000 units

Thus, in June, 297000 units will be produced.

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3 years ago
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Before opening his own business, Tanaka was writing a
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This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.

<h3></h3><h3>What is business? </h3>

Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".

A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.

A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.

A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.

To learn more about Business refer to:

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2 years ago
On March 1, 2022, Cullumber Company acquired real estate, on which it planned to construct a small office building, by paying $8
11111nata11111 [884]

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$101,200

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the cost of land = purchase price of the land + razing expenses - sales of salvaged materials + attorney's fees + broker's fees = $86,000 + $9,700 - $4,400 + $1,500 + $8,400 = $101,200

The cost of the driveways and parking lot are recorded separately (as land improvements), not under cost of land because they can be depreciated.

Architect's fees are generally included in the construction costs of the building, not in the land cost. The architect's fees are covered before the construction starts because you need the blueprints in order to start the construction.

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How much does Regis Jesuit High School cost?
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100 dollars i got there
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