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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

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At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,
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Answer:

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Explanation:

given data

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beginning current liabilities = $124,509

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solution

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working capital = Current assets - current liabilities    ......................1

put here value we get

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working capital = -$3203  

and now we get here working capital for end of year that is

working capital = Current assets - current liabilities    ......................2

working capital = $122,418 - $103,718

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so now we can get change in net working capital that is difference between   beginning and ending working capital

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8 0
3 years ago
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Crazy boy [7]

Answer:

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Explanation:

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When supplies are expensed out. If supplies have a balance of 30000 and 10000 is used up.

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Klio2033 [76]

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<h3>What is Standard Operating Procedures?</h3>

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zubka84 [21]
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