1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
padilas [110]
3 years ago
13

Assume that Maia spends all of her income on halvah (H) and pomegranates (P) and is purchasing the optimal consumption bundle. I

f MUH/MUP = 3 and the price of halvah is $12, then the price of pomegranates must be:_________.
A. $36.
B. $12.
C. $3.
D. $4.
Business
1 answer:
mamaluj [8]3 years ago
5 0

Answer:

The correct answer is:

$4 (D.)

Explanation:

From the question, we are told that:

the price of halvah (MUH)= $12

the price of pomegranates (MUP)= ????

Next, we are also told that the optimal consumption ratio of MUH to MUP = 3

This means that the Mauginal Utility of halvah (H) to the marginal utility of pomegranates (P) = 3

MUH/MUP = 3

12/MUP = 3

MUP = \frac{12}{3} = 4

MUP = $4

You might be interested in
How much will a $1 deposit be worth after 24 years if the interest rate paid by the bank is 7%?
Ket [755]
<h3>♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫</h3>

➷ 1 x 1.07^24 = 5.072366

It would be worth $5.07

<h3><u>✽</u></h3>

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

↬ ʜᴀɴɴᴀʜ ♡

7 0
3 years ago
Read 2 more answers
A local electricity - generating company has a monopoly that is protected by an entry barrier that takes the form of:________. a
PIT_PIT [208]

Answer:

a. economies of scale.

Explanation:

Economics of scale refers to a scale in which there is a benefit of the cost that occurs when there is an efficient production

It can be accomplished by rising the production at less cost this arise as cost are allocated among the larger number of goods

Here, the local electricity who generated the company has a monopoly and are safe from the entry barrier

So this is a case of economies of scale

Hence, the correct option is a. economies of scale

8 0
4 years ago
Most attributes and benefits in many product categories can be whittled down to a. success and failure. b. price and quality. c.
grigory [225]

Answer:

b. price and quality.

Explanation:

Most attributes and benefits in many product categories can be whittled down to price and quality.

This ultimately implies that, the two fundamental factors to consider when designing a product is its price and quality. The price of a product can be defined as the monetary value or amount of money which must be paid by a customer for the acquisition of such products. The relationship between demand and supply of goods (products) affects or influences the price of a product; if the supply of a product is short, its price would rise and vice-versa.

The quality of a product is subjective, it is a measure of excellence and being free from any defect or deficiency when producing and supplying products that meet the needs or demands of customers.

8 0
3 years ago
Which of the following is the subjective performance measure at parent firm level? a. Profitability b. Market share c. Stlck mar
Rufina [12.5K]

Answer:

d. Assessment of goal attainment

Explanation:

In cases where an alliance occurs between a parent firm and a subsidiary, the parent firm subjectively measures performance by assessing the extent to which the alliance has contributed to achieving the organization's goals.

5 0
3 years ago
Select all that apply select the policies that are intended to encourage economic growth.
Travka [436]

If a government is trying to encourage economic growth, they would do all of these things except raise taxes. Raising taxes has the opposite effect and will slow growth because it takes more money out of the economy that could be used for growth and expansion.

5 0
4 years ago
Read 2 more answers
Other questions:
  • Dybala corporation produces and sells a single product. data concerning that product appear below: the company is currently sell
    7·1 answer
  • HELP PLEASE, I WILL GIVE BRAINLIEST!!
    10·2 answers
  • What are the 4 steps to branding
    10·1 answer
  • When you make consumer decision based on opportunity cost you are engaging in
    14·1 answer
  • If closing costs of $1,400 are associated with the refinance of reduce the monthly payment fro m $980 to $870 refinance, it woul
    10·1 answer
  • Nichols Corporation’s value of operations is equal to $500 million after a recapitalization (the firm had no debt before the rec
    13·1 answer
  • An externality is an unwarranted cost or benefit that affects...
    6·1 answer
  • At Wegman's, employees are empowered to meet customer needs without seeking a manager's permission. This is an example of
    13·1 answer
  • What is the loss on disposal of a plant asset that cost $100,000, had accumulated depreciation of $24,000, and was sold for $60,
    13·1 answer
  • Explain the three actions the fed could take to reduce the trade deficit in the united states, and explain carefully how these a
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!