B i think hope this helps tell me if im wrong or right
Answer:
The correct answer is option A.
Explanation:
Sharon in consuming two goods X and Y.
The price of X is $2 and that of Y is $1.
The marginal utility derived from consuming X is 60 utils and from consuming Y is 30 utils.
For profit-maximization the ratio of marginal utility and price should be equal for both goods or the marginal utility of money spent on both goods should be equal.
The ratio for good X
=
=
= 30
The ratio for good Y
=
=
= 30
Since the ratio is same for both the goods it implies that Sharon is maximizing her total utility.
Can you provide potential answers? And in case you need a written answer here is one that is not plagiarized!
Budgeting helps you track what you spend and helps you save money. When you are on a budget, you make better financial decisions and spend smarter.
If you need anything else. Let me know!
Hope this helped.
Answer:
Mark Johnson's investment would worth $ 13,223.95 at 8%,$ 12,338.93
at 5% and $ 11,784.66 at 3%
Explanation:
In calculating the worth of the investments at different rates of interest I adopted the future value approach as contained in the attached.
Answer:
The correct answer is letter "B": Rider.
Explanation:
A rider policy adds or restricts terms to an already existing insurance policy. This is typically used when the policyholder includes in the original coverage some others such as life, home, and auto insurance. Rider policies are typically low priced and in most cases are offered by the same insurance companies at a special discount to promote consumption among their insured.