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ohaa [14]
2 years ago
6

Suppose that Ms. Thomson is currently exhausting her money income by purchasing 10 units of A and 8 units of B at prices of $2 a

nd $4 respectively. The marginal utility of the last units of A and B are 16 and 24 respectively these data suggest that Ms. Thomson:
should buy less B and more A
Business
1 answer:
IgorLugansk [536]2 years ago
7 0

Answer:

∵  MU A / P A > MU B / P B

∴ A purchased & consumer more , B purchased & consumed less.

Explanation:

Consumer is at utility maximising equilibrium, where Marginal Utility per unit of price spent is equal for both goods consumed by consumer.

MU A / P A = MU B / P B

MU A / P A = 16 / 2  = 8

MU B / P B = 24 / 4 = 6  

In above case : MU A / P A > MU B / P B [  ∵ 8 > 6 ]  

This implies consumer is getting more utility (satisfaction) per unit of price spent on Good A , than that of Good B.

So, consumer Thompson will consumer more of Good A & less of Good B.

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A group of university students toys coconuts from farmers' markets. The students consume the meat of the coconuts for food and u
Karo-lina-s [1.5K]

Answer: The free- rider problem

Explanation:

 The free-rider problem is one off the type of economical issue that cause the market failure problem due to the unsystematic distributing of the various types of goods resources and also the services.

This type of problem is basically occur due to the overuse or degradation of the products and the resources.

According to the given question, the free rider problem is one of the example that best illustrating the given scenario. The main cause of the free rider problem is due to the unequal use of the resources and also the public goods without paying for their particular share.  

 Therefore, The free-rider problem is the correct answer.

7 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Tpy6a [65]

The net operating income as per the variable costing method is $14500

<u>Explanation:</u>

The unit product cost is = $18 + $10 + $4 = $32

Sales revenue ( $78 multiply with 8700 units) = $678600

Variable cost:

Variable cost of goods sold ( 8700 units multiply $32) = $278400

Variable selling and administartive (8700 units multiply $5) = $43500

contribution margin = $356700

fixed manufacturing overhead = $255200

Fixed selling and adminstrative expenses = $87000

Net operating income = $14500

<u>Note:</u> contribution margin is calculated after deducting sales revenue with variable cost

8 0
3 years ago
Jobs in the skilled labor category require what?
son4ous [18]
Minimum of 2 years word experience. :) 
3 0
3 years ago
Please help worth 100 points
UNO [17]

Answer:

19.) b, d

20.) d, a

21.) d, c

22.) a

23.) c

Hope This Helps!  Have A Nice Day!!

4 0
2 years ago
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A new manager starts his work by talking with each member of his team, getting to know their strengths and weaknesses, and helps
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Answer: the correct answer is coaching leadership.

Explanation:

The Coaching Leadership Style is a relatively new and guiding leadership style. The leader has these skills when he is able to develop and improve the performance and competences of his employees. The basis of the Coaching Leadership Style is the dynamic interaction between the leader and the employee.

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