Answer:
Option (a) is correct.
Explanation:
U(x1, x2) = x1x2
Income = 100 dollars
Therefore,
Alex budget constraint is $100.
(a) (12.5, 12.5)
Cost of this bundle = 12.5 × $4 + 12.5 × $4
= $50 + $50
= $100
(b) (25, 12.5)
Cost of this bundle = 15 × $4 + 10 × $5 + 12.5 × $4
= $60 + $50 + $50
= $160
This bundle is not possible because of budget constraint.
(c) (12.5, 25)
Cost of this bundle = 12.5 × $4 + 25 × $4
= $50 + $100
= $150
This bundle is not possible because of budget constraint.
(d) (15, 10)
Cost of this bundle = 15 × $4 + 10 × $4
= $60 + $40
= $100
Hence, it is possible to buy bundle (a) and (d).
Utility function for (a) and (d) bundle:
(a) (12.5, 12.5)
Utility = 12.5 × 12.5
= 156.25
(d) (15, 10)
Utility = 15 × 10
= 150
Therefore,
Alex will choose bundle (a) (12.5, 12.5) because this will give maximum utility.
Answer:
The answer is ... Alyssa is in charge of her company's line of waterproof rain boots.
Hope this helps!! ;)
I think you want IQ which is defined as mental age / physical age.
Answer:
the degree of control that Revolting Development exercises over Mike.
Explanation:
The most important factor in determining whether Mike is an employee of Revoltin' Development or an independent contractor is the degree of control that Revolting Development exercises over Mike.
An independent contractor is a self-employed individual or entity contracted to perform a service for another organization (who is their principal) as a non-employee.
According to the Internal Revenue Service (IRS), examples of independent contractors are architects, doctors, engineers, lawyers, accountants etc.
Generally, employment and labor laws do not apply to independent contractors, so as such they pay their Medicare insurance and social security taxes themselves.
The Internal Revenue Service (IRS), provides that the principal only has the right to control the result of the project work and not what or how the project will be executed by the independent contractor, therefore subjecting them to self-employment tax.
Answer and Explanation:
As we know that the managerial functions are as follows:
1. Planning
2. Organizing
3. Leading
4. controlling
In this way it should be perfomed by the managers so that the company goals and objectives should be accomplished within the prescribed time and if there is any discrepancy so it would be corrected before time