Answer: (D) buy more ice cream and fewer cookies
Explanation: When a consumer spends all of his income and consumes a bundle of goods such that the marginal utility per dollar from all goods is equal, then the consumer's total utility is maximized. Buying more of ice-cream gives the only combination that gives him the same marginal utility per dollar Bobby spends on cookies as on ice cream.
Marginal utility estimates the added satisfaction a consumer gets from consuming additional units of goods or services. It is used to determine how much of a product consumers are willing to purchase.
Answer:
The simple interest of $34100 at 4% for 3 years
Explanation:
(34100 x .04) x 3
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The following statement "the present value of a cash flow will never be greater than the future dollar amount of the cash flow" is true.
Cash flow is the net balance of money coming into and going out of a firm at a certain moment in time. A firm continuously has cash coming in and going out. For instance, money leaves the company and goes to its suppliers when a retailer buys inventory.
The expenses made as part of daily operations are included in the cash flow from operations. These cash outflows include things like rent, utilities, wages, and the cost of products sold. When a corporation operates heavily on the seasonal cycle, cash outflows might vary greatly.
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Answer:
The correct answer is letter "D": deducted to arrive at an employee's net pay.
Explanation:
Federal income taxes represent the main monetary resource from where the government can fund its diverse projects. These sources are also allocated to deal with common social issues such as building highways, improving education or funding social programs such as Medicare.
When it comes to wages,<em> the federal income taxes are deducted from the gross income of workers resulting in their net payment which is the actual amount of money employees see in their checks</em>.
<span> he realizes that his risk for developing Retinopathy has also increased
Retinopathy is a medical condition which cause damage to one's retina and affect his/her sensitivity to light.
For a diabetic, a chance to develop this condition is higher because diabetes could contribute in adding the damage to the Blood vessels near the retina.</span>
