All categories

3 years ago

Table : Alpo McBurgers

Business

1 answer:

Anna71 [15]3 years ago

8 0

Answer:

b. 3 McBurgers and 2 cans of Alpo

Explanation:

If the goal is to maximize utility, Ms. Tightwad should look into purchasing the combination that yields the highest utility.

a. 4 McBurgers, 0 Alpo cans:

$U_a = 40$

b. 3 McBurgers, 2 Alpo cans:

$U_b = 36+13 = 49$

c. 2 McBurgers, 4 Alpo cans:

$U_c = 28+17 = 45$

d. 1 McBurger, 6 Alpo cans (assume marginal utility stays constant after the 4th can):

$U_d = 16+17+2 = 35$

Since option b. yields the highest utility, she should buy 3 McBurgers and 2 cans of Alpo

You might be interested in

Stolen Purses. Sandra and Mary were having lunch at their favorite restaurant. Unfortunately, a thief stole their purses contain

algol [13]

Answer:

Bank will hold Mary accountable supported the deceitful use of the cardboard is $500

Note: Bank can’t make Mary answerable for the complete stolen amount from her ATM, as she conversant the bank at intervals every week when the cardboard was stolen, during these circumstance if the bank is informed about the stolen ATM directly the client is accountable for $50 in losses, whereas if they inform when three days quantity raise to $500 in losses.

3 0

3 years ago

Which statements are true? Check all that apply: C-corporations are subject to double taxation. LLCs are best for taking venture

Ronch [10]

Answer: All except " LLCs are best for taking venture capital" .

Explanation:

1. The corporations have to pay corporate tax and after that the stakeholders have to pay tax on their dividends. Hence they are subject to double taxation.

2. The number of partners in a general partnerships could be greater than two.

3. In case of LLC and corporations, the entity is considered to separate from its owners. Hence the owners enjoy limited liability benefit.

4 0

3 years ago

There is a need to develop theories about what kind of fraud has occurred.

Mashcka [7]

A fraud in general terms refers to a wrongful or criminal deception intended to result in a financial or personal gain. This kind of acts should be more observe especially to those people that are done by the wrongful act and theories and some investigation should be done in order to counter the next incident that might happen with the same kind of fraud.

4 0

3 years ago

Which of the following has the greatest impact on your cash flow?<br>

Delicious77 [7]

Answer:

Explanation:when cash comes In bills hit you hard

3 0

3 years ago

Blain Company has $10,000 of accounts receivable that are current, $5,000 that are between 0 and 30 days past due, $3,000 that a

True [87]

Answer:

d. $1050.

Explanation:

We multiply each account balance by the expected uncollectible amount and then addd them to get the expected total for doutful accounts

$\left[\begin{array}{cccc}Date&Amount&Expected&uncollectible\\$not due&10000&0.02&200\\$up to 30&5000&0.05&250\\$up to 60&3000&0.1&300\\$more than 61&800&0.5&400\\&&Total&1150\\\end{array}\right]$

Balance of the allowance account: 100

The expense will be the adjustment made on the allowance to get the expected balance of 1,150

1,150 - 100 = 1,050

we increase the allowance bu 1,050 to get our expected uncollectible fro maccounts receivable agaisnt the bad debt expense ofthe period.

8 0

3 years ago