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ahrayia [7]
3 years ago
9

Indifference curves are A. concave to the origin. B. either convex or concave to the origin. C. convex to the origin. D. no spec

ific shape.
Business
1 answer:
Ivenika [448]3 years ago
6 0

Answer: option C ; convex to the origin

Explanation:

Indifference curves shows the indifference of a customer to a combination of goods. It shows that a customer can have some level of satisfaction from either good. The indifference curve slopes downwards from left to right because as there is an increase in consumption of one good, there is lower for other goods. The curve convex at the origin to show the marginality in consuming one good over another.

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Ochre holds one ton of perishable fruit in storage for Produce Corporation. If Produce does not pay for the storage, under the d
VMariaS [17]

Answer:

do whatever is reasonable to minimize the damages.

Explanation:

The Doctrine of Mitigation of Damages provide for the control of damages, so that the one who has already incurred some damage, shall make efficient efforts to minimize the damage.

Accordingly even though the fruits belong to Produce Corporation, but since are perishable he shall in order to reduce his damage at the least by still keeping maximum facility for the fruits. Also he might sell, those fruits which shall refund some of the amount for which he damage is incurred.

8 0
3 years ago
Among the following traits which trait is most likely to be present in the second identical twin if it is present in the first?
frutty [35]
I believe the answer is: emotional stability
Identical twin would have similar characteristic in traits that influenced by Genetics, and genetics are much more likely to influence biological outcome rather than psychological.
From the options above, option A, B, D are considered as personality traits (psychological) while emotional stability usually affected by hormones (biological)
7 0
3 years ago
Shambo Corporation has provided the following contribution format income statement. Assume that the following information is wit
morpeh [17]

Answer:

26.66 or 27%

Explanation:

The computation of the margin of safety percentage is shown below:

Margin of Safety

= 100 - Break Even %

= 100 - 73.33

= 26.66 or 27%

Working Note

Sales (3,000 units) $60,000

Less: Variable expenses -$42,000

Contribution margin -$18,000

CM Ratio (A) 30.00%

Fixed expenses (B) 13,200

Break Even Point C = B ÷ A 44,000

Break Even % of Total Sale 73.33%

5 0
3 years ago
In 2018, Alpha Company had $48,000,000 in Sales/Revenues, $15,500,000 in Costs of Goods Sold (COGS), $3,600,000 in Sales, Genera
allochka39001 [22]

Answer:5

Explanation:

6 0
3 years ago
Iceland produces two goods: Viking hats (Y) and fish (X). Its production possibilities frontier is characterized as: Y = 50 – 2X
svlad2 [7]

Answer: C

Explanation: from the given function Y=50-2X, Y is the dependent variable which represent the Viking Hat, while X is the independent variable representing Fish production.

4 0
3 years ago
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