1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivanshal [37]
3 years ago
7

The price of a video is ​$4 and the price of a dinner is ​$16. from this we know that a consumer who is maximizing utility will

Business
1 answer:
kenny6666 [7]3 years ago
3 0

b. buy enough of the two goods such that the marginal utility from the last dinner consumed is four times greater than the marginal utility from the last video.

This is because they are paying 4 times as much for the dinner so should get 4 times the utility from it.

You might be interested in
Pump prices slide as crude oil falls to​ six-year low The average price for regular gasoline at U.S. pumps fell almost 4 cents i
max2010maxim [7]

Answer:

lower the cost of producing gasoline and increase the supply of gasoline 

Explanation:

Crude oil is an input needed in the production of gasoline. If the price of crude oil falls, it would become cheaper to make gasoline and therefore the supply of gasoline would increase.

5 0
3 years ago
If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin
Liula [17]

Answer: reduce output.

Explanation:

In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).

In a Competitive Market, Price is the same as Marginal revenue which means that Marginal revenue here is $25 and the Marginal Cost is $26. At this quantity of output, the Marginal Cost is larger than the Marginal revenue.

Company should therefore reduce output to a quantity where Marginal Cost will equal Marginal revenue.

6 0
3 years ago
If a corporation has only one class of stock, it is referred to as preferred stock. solitary stock. common stock. classless stoc
riadik2000 [5.3K]

Common stock

If a corporation has only one class of stock, it is referred to as Common stock.

<h3>What is a common stock?</h3>
  • A security that symbolizes ownership in a firm is called common stock.
  • Common stock owners choose the board of directors and cast ballots for corporate rules.
  • Long-term rates of return are often higher with this type of stock ownership.

<h3>What is the name of common stock?</h3>

ordinary share

  • The ownership of equity in a firm is represented by common stock, a category of securities.
  • There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."

<h3>The benefits of common stock</h3>
  • More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
  • Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.

To learn more about common stock visit:

brainly.com/question/13762106

#SPJ4

8 0
2 years ago
________ management is the art and science of choosing target markets and getting, keeping, and growing customers through creati
inessss [21]

The art and science of selecting target markets and acquiring, retaining, and attracting customers through the creation, provision, and dissemination of greater customer value is referred to as marketing management.

Market opportunity identification is done by marketing management, which then develops suitable strategies for profitably pursuing those opportunities. It must put a marketing strategy into place and continually assess the efficiency of the marketing mix. It needs to fix the issues with how marketing plans, policies, and procedures are really carried out. It takes care of the company's marketing system. Marketing management streamlines the transfer of ownership of goods and services from seller to buyer. Like all other disciplines of management, marketing management entails the duties of planning, organizing, directing, coordinating, and managing.

To learn more about Marketing Management here

brainly.com/question/22555057

#SPJ4

4 0
1 year ago
Jim is in market Forbes a car that will last hombre 10 years and has saved up some money for the purpose of a car. What's the be
Rudik [331]
Ok this question is poping up a lot and I need to know if there are any options to choose from.
3 0
3 years ago
Other questions:
  • A company's sales forecast would likely consider all of the following factors except: advertising and pricing policies. top mana
    6·2 answers
  • Paul, an engineer in a corrugated box manufacturing company, sets himself a goal of completing the design for a new display box
    8·1 answer
  • Which of the following statements is true of direct ownership? It allows transfer of power and management to firms in host count
    15·1 answer
  • Wendy is calculating her tax deductions. She finds that she can deduct $5,522 from medical expenses, $7,240 from
    9·2 answers
  • g "Seidman Company manufactures and sells 30,000 units of product X per month. Each unit of product X sells for $16 and has a co
    11·1 answer
  • Muhammad deposited $800 at the beginning of each quarter for 8 years into an IRA. Given an interest rate of 8% compounded quarte
    9·1 answer
  • Last night 45,000 people bought 6,000 shirts. The shirts cost $8.00 dollars each. How much did they spend all togther?
    12·2 answers
  • Juan Carlos originally hoped to purchase a home. However, because he could not earn enough money to ever afford one, he decided
    10·1 answer
  • An externality arises when a firm or person engages in an activity that affects the wellbeing of a third party, yet neither pays
    10·1 answer
  • A student should first borrow federal loans because of:_______
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!