Answer:
buy you what? and I don't think this is the right place lol
A. More education can help increase life expectancy. :)
Answer:
The correct answer is option a.
Explanation:
In the consumption of two commodities, the total utility is maximized when the ratio of marginal utility and price of the product is the same for both the goods.
A person is consuming two goods, peanuts and chips. The individual is able to maximize total utility. If the price of peanuts and chips are equal, this means that the marginal utilities derived from the consumption of these two must be equal.
ROI as a financial ratio is calculated as follows:
ROI = Net profit/Total investments
In the current case,
Net profit = Net operating income = $700,000
Total investments = Operating assets = $600,000
After purchasing the new machine,
Total investments = 600,000*1.08 = $648,000
Therefore, the new ROI is;
ROI = 700,000/648,000 ≈ 1.08 = 108%
Answer: a. Almonds have a more inelastic supply in the short run because little can be done to change production in the short run.
Explanation:
Based on the scenario given in the question, the correct answer will be:
(a) almonds have a more inealstic supply in the short run because little can be done to change production in the short run.
Due to the fact that option the determinants of supply of almonds and barley are mentioned, option (b) isn't correct.
For option (c), the supply of barley isn't inelastic. This can be seen as the output of barley can be increased more than the output of almond.
For option (d), just because they're both agricultural commodities doesn't mean that they'll have same price elasticity of supply.
