Moisturizing black soap shampoo has long been introduced to the public by different manufacturers. Currently, I think that it is already in the maturity state as I think that even with its introduction, only few have been using the product because of lack of knowledge and others. The product needs to be more known to the consumers for it to be fully grown.
Answer:
Yes, the Astrid maximizing her utility
Explanation:
Given that
Utils for the last quart = 30
Per quart = $3
Honey price = $0.75
Utils of Last jar = 7.5
The calculation of maximum utility is given below:-
Per dollar utility gained by milk
= 30 ÷ 3
= 10 utils
Milk utility for $0.75
= 30 ÷ 3 × $0.75
= 7.5 utils
Therefore from the last quart the utility was same and the dollars was spent in last jar. So, Astrid can maximizing her utility.
Answer:
The value of Edinburgh’s preferred stock is $74.63
Explanation:
Preferred dividend are the fix amount payment which represents the perpetuity, the company can repurchase the preferred share as it is callable.
Dividend = $100 x 8% = $8
Price of Preferred Share = Dividend / Rate of return
Price of Preferred Share = $8 / 10.72%
Price of Preferred Share = $8 / 0.1072
Price of Preferred Share = $74.63
Answer:
c. Decreasing the price of good X, which rotates the budget line clockwise and examining the ensuing points of tangencies with the indifference curve.
Explanation:
The indifference curve is the curve on graph which shows 2 commodities which consumer values the same regardless of the price. This is a point on the graph where two goods are of equal value to consumer and the consumer is indifferent of the selection. The individual demand curve for good X is best obtained by decreasing the price of good X, and examine the points of tangencies on indifference curve.