Answer:
80 units
Explanation:
Given:
- Price: $25 we have: 100 units
- Price: $20, how many units to maximize the total utility
Let X is the number of units we need to find
As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:
$25 100 units of utility
$20 X
<=> 25X = 20*100
<=> X = 80 units
Hope it will find you well.
Answer:
Explanation:
If 100 shares were bought at the rate of $15 per share, then the cost of buying all would be
100 x 15 and that equals 1500.
Then if all 100 shares were sold at the rate of $21.75 each, then the total amount realized upon sales would be
100 x 21.75 and that equals 2175
The profit realized from the sales of these shares therefore would be,
profit = selling price - cost price
profit = 2175 - 1500
profit = 675
The percentage gain (profit) would be a percentage of what was spent to buy the shares before eventually selling them, so our percentage gain would be calculated as follows;
% Gain = (Profit/Cost price) x 100/1
% Gain = (675/1500) x 100
% Gain = 45
The percentage gain therefore is 45 Percent.
Yes, it is fair. Younger people (Below 18) need to focus more on school. Work can take their attention off of school. And without school they wont be able to get a better job. Plus younger people can only work part time due to child labor. Most workers below 18 also have parents that's job is to feed and care for them, which means they do not even need to work until they are over 18. most people that work under the age of 18 is just for the fact of having money, not because they need it to live.
Answer:
Money is an asset with the characteristics of liquidity
Explanation:
people still choose to hold part of their wealth in the form of money because money has characteristics of liquidity, that is, as an asset money can easily be accessed. And during inflation when prices of commodities have skyrocketed, more money would be required for business transactions. Money can easily be exchanged while doing any form of transaction.
Answer:
The correct answer is (a)
Explanation:
To better measure fair days’ work of an average worker a clock was designed which had a capacity to measure 1/2000th of a second. The clock was specifically designed to help and measure every second. The lock was invented by Frederick W. Taylor in 1911. Likewise, it helped to measure and analyse synthetic workflows and improve productivity.
