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Gala2k [10]
3 years ago
9

Javier spends all his income on peanuts and chewing gum. The last dollar spent on peanuts yeilds 14 utils and the last dollar sp

ent on chewing gum yields 6 utils. To increase total​ utility, Javier should spend less on peanuts and more on chewing gum?
Business
1 answer:
Sliva [168]3 years ago
6 0

Answer:

False

Explanation:

Javier's utils per dollar of peanuts = 14 utils per $1 spent

Javier's utils per dollar of chewing gum = 6 utils per $1 spent

Since the utils per dollar that Javier obtains from consuming peanuts are higher than those from consuming chewing gum, if he wants to increase his total utility, he should purchase more peanuts.

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The future amount of an investment with compound interest can be calculated through the equation,

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From the equation, all are given except for the effective interest, i. Now, substituting the known values,
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Since the value of the ieff when translated to percentage is equal to 4.5% as well, the interest rate is compounded yearly. 
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You currently have a​ one-year-old loan outstanding on your car. you make monthly payments of $ 400$400. you have just made a pa
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2 years ago
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Statistics are used in place of parameters for making decisions since they are simpler to collect.

<h3>What are the guidelines?</h3>

In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.

To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.

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Which type of investment offers both capital gains and interest income?
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So the Answer is BONDS
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7 0
3 years ago
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Furthermore, financial assets that get their value from contractual claims, such as stocks and bonds, are regarded as tangible assets.

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3 0
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