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Serggg [28]
3 years ago
7

Suppose that the price of a pizza is $10 and the price of a video game is $30. Currently, Aaron is consuming such that the ratio

of his marginal utility of pizza to marginal utility of video games is 1/4. If he wants to maximize his utility, what should he do?a. Buy more pizzas and fewer video gamesb. Buy more pizzas and more video gamesc. Buy fewer pizzas and video gamesd. Buy fewer pizzas and more video games
Business
1 answer:
Tems11 [23]3 years ago
8 0

<u>Answer:</u>

<em>Buy more pizzas and fewer games.</em>

<u>Explanation:</u>

To find out <em>marginal utility</em>, that is, the mix of merchandise and enterprises that will amplify a person's complete utility, comes down to looking at the exchange offs between one reasonable blend with the various <em>moderate mixes. </em>

A great many people approach their <em>utility-boosting blend of decisions</em> in a bit by bit way. This bit by bit approach depends on taking a gander at the trade offs, <em>estimated as far as minimal utility,</em> of expending less of one great and a greater amount of another. You can think about this <em>bit by bit approach</em>.

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Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
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Answer:

Explanation:

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Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

Total Manufacturing Cost  = $70,000 + $35,500 + $43,700 = $149,200

Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

Total Prime Cost = $70,000 + $35,500 = $105,500

Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000

Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900

Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20

Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90

5 0
3 years ago
A landowner validly conveyed a small office building to the green party "as long as they use it for operating quarters until the
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The green party and the gas monitoring organization should prevail because the land owner had willed that the property be given to them.

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irga5000 [103]
Reserves - $20,000
Checkable Deposits - $200,000
Reserves Ratio - 10
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