Answer:
The correct answer is option B.
Explanation:
Cathy spends all of her income on 20 units of good X and 25 units of good Y.
Cathy's marginal utility from the 20th unit of good X is 9 utils, and her marginal utility from the 25th unit of good Y is 17 utils.
The price of good X is $0.50 per unit and the price of good Y is $1.00 per unit.
The total utility from consumption of both the goods will be maximized when the ratio of the marginal utility derived and price of the good is equal for both the goods.
The ratio for good X
=
= 18
The ratio for good Y
=
= 17
Since the ratio is greater for good X, it means that Cathy should consume less of good X and more of good Y to increase total utility.
Remember basic design principles. ...
Get creative within the constraints. ...
Avoid common pitfalls. ...
Use special finishes. ...
Cut into your card. ...
Try out unusual materials. ...
07. Make it useful. ...
08. Make your own.
the bank which monitors,regulates amd control the financial system of the economy is known as central bank whereas commercial bank is the banker to the citizen
Option d.$170,400 is the corect option.
Incremental Net income
Increamental Revenue $4,52,800
(28,300 X $ 16 Per unit)
Less: Variable Costs $3,11,300
(28,300 X $ 11 Per unit)
Less: Fixed Cost (Not taken because does not affect this due to accepting special orders) = $0
Total Net Revenue $170,400
Answer = d.$170,400
To determine the unit price of a product, you first need to calculate the total manufacturing cost of all items manufactured in a particular time period. Then divide the estimate by the number of items. The final number is the manufacturing cost of one unit.
Learn more about Unit manufacturing costs here: brainly.com/question/13767214
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