Answer:
Total utility is 50
Explanation:
Mathematically;
TU = U1+MU2+MU3+MU4+MU5
TU = Total utility
U1= utility of 1st product of good Y
MU2= Marginal utility of 2nd product of good Y.............
MU5= Marginal utility of 5th product of good Y
Solution:
TUy= 15+15+10+7+3
TUy= 50.
Answer:
The two questions that he must ask from himself are:
- Do you have credit report?
- Do you have good credit score?
Explanation:
The reason is that the banks are giving you money and are worried about whether or not you are going to pay them back or not. So they require some evidences whether the person has any credit report and good credit score which shows that the person will be worried to pay the bank and if he is not able to pay he find alternative as he is a responsible person. So these two questions assesses whether the person is capable to pay the mortgage.
Answer:
TRUE
Explanation:
We currently live in a globalized world. Globalization is an economic and political phenomenon that has transformed the relations of production and labor. The companies started to produce in countries where the labor is cheaper, becoming consequently more competitive. Thus, US multinational companies outsource the manufacture of components of their products in different territories. For example, an Iphone has components made in China, Vietnam and others. This makes the final price of the iphone lower around the world.
Answer:
The total manufacturing cost per unit is $10.50
Explanation:
Material cost per unit = Total material cost / Equivalent units of Material cost
Material cost per unit = $60,000 / 10,000 = $6 per unit
Conversion cost per unit = Total Conversion cost / Equivalent units of conversion cost
Conversion cost per unit = $90,000 / 20,000 = $4.5 per unit
Total Manufacturing cost = $6 + $4.50 = $10.50 per unit