Answer:
Please see explanation
Explanation:
The forecast of 20% increase prepared by the state revenue commissioner is plausible because the new sales tax rate has also been increased by 20% in comparison with the old tax rate which can be calculated as follows:
Change in sales tax rate=change in tax rate/old tax rate
=6-5/5
=1/5
=20%
Answer: Increase the number of B consumed and decrease the number of A consumed.
Explanation: The utility maximization rule basically states that if the marginal utility gained from product A is greater than the marginal utility gained from product B, then more of product A should be consumed and less of product B should be consumed in order to maximize the utility per unit of money spent.
Therefore, in order for Paul to increase utility with the same amount of money, he should increase spending on the product that offers the higher marginal utility, meaning that he should spend more on the product that offers more satisfaction.
The product that offers more satisfaction in the scenario above is product B, because its marginal utility per dollar is 1, which is greater then the marginal utility of product a of 0.6 marginal utility per dollar.
Hence, Paul should increase consumption of product B and decrease consumption of product A.
Answer:
Limited decision making
Explanation:
Limited decision making -
It is a consumer decision making process , which is applied , when the consumer purchases some product that is very much familiar to them , but still require more information of the goods or services , in order to make the perfect decision , i.e. , which brand or model is best for them , is referred to as limited decision making.
Hence, from the given scenario of the question,
The correct term is limited decision making.
Answer:
$20,800,000
Explanation:
Total sales, 80 million
20 million from internet sales
Objective an increase in internet sales by 4 percent
the objective was met, sales from the internet will be,
20 million is the current level
an increase of 4 % is calculated as
= $20,000,000 + ( 4/100 x 20,000,000)
= $20,000,000 + $800,000
=$20,800,000
The Ria will need 63. 76 rupees Indian Rupee to buy one dollar.
The value of the rupee in terms of the dollar is 63.76 rupees and the value of the dollar in terms of the rupee is 0.015$.
Therefore, to pay fees of the annual tuition of amount $42000, she would be paying:
Therefore, the correct option is C.
To know more about the calculation of the conversion of rupees to the dollar and vice-versa, refer to the link below:
brainly.com/question/2386110