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jonny [76]
2 years ago
14

The assumption of continuity says that:

Business
2 answers:
Lostsunrise [7]2 years ago
6 0

Answer:

The correct answer is potion (d) If bundle A is preferred to bundle B, there is a region around A such that any bundle C that lies in that region is preferred to B.

Explanation:

The assumption of continuity is all about the choice of different goods and service which the consumers exercise. When two goods are presented before a consumer, a choice can be made on either of them. He can either choose goods A or goods B.

Again, if goods A has been selected and goods B is left, there is a possibility that goods C which lies in that region will be preferred to B.

elena-s [515]2 years ago
5 0

Answer:

The answer is D. if bundle A is preferred to bundle B, there is a region around A such that any bundle C that lies in that region is preferred to B

Explanation:

Continuity is an assumption.  These assumptions are abstractions as such in principle nothing to be found in reality (between the same is the case for distribution models like the famous normal distribution). The reults are reasonably interpretable when the assumptions are reasonable for the data used to fit the models.

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The discounting method is a valuation technique that is used to calculate the value of an investment opportunity. The method uses cash flow projections that does not take the future into consideration and discount them to get the present value estimates.
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Bateman Gray Motors sells the cars it produces using dedicated dealers who only sell Bateman Gray's products at their outlets. W
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The  kind of marketing strategy that Bateman Gray adopted with its car dealers is exclusive dealing.

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Learn more about exclusive dealing here:

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3 0
2 years ago
Which of the following statements about federal taxes is TRUE? Everfi
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Federal takes are money you earn from working at a job.

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4 0
2 years ago
Read 2 more answers
According to the World Bank, the 31 wealthiest countries in the world tend to have much lower rates of ________ and much higher
storchak [24]

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According to the World Bank, the 31 wealthiest countries in the world tend to have much lower rates of Infant Morality and much higher rates of Adult Literacy when compared to the 40 poorest countries.

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7 0
3 years ago
Gwinnett County Chrome Company manufactures three chrome-plated products—automobile bumpers,valve covers, and wheels. These prod
Natali5045456 [20]

Answer and Explanation:

1. The computation of Stamping Department and machine hours is shown below:-

Stamping department = Associated Overheads ÷ Total Direct Labor hours

= $120,000 ÷ 1,200

= $100

Plating Department = Associated Overheads ÷ Total Machine hours

= $104,000 ÷ 2,640

= $39.39

2. The computation of product factory overhead costs is shown below:-

Stamping Department = Direct Labor hour × overhead rate

Plating Department = Machine hours × Overhead rate

Particulars            Automobile lamps    Valve Covers         Wheels

Stamping

Department              $56,000                    $30,000          $34,000

                               (560 × $100)            (300 × $100)     (340 × $100)

Plating

Department                $117,000                   $71,000          $76,000

                               (1,170 × $100)           (710 × $100)      (760 × $100)

Total Factory

overhead                    $173,000                 $101,000            $110,0

6 0
3 years ago
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