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
Firdavs [7]
3 years ago
7

The tables show the utility Parker experienced from consuming varying quantities of waffles and pancakes. Assume that waffles co

st $2.00 each, pancakes cost $1.00 each, and that Parker has $8.00 to spend on these two goods. Since Parker cannot afford more than four waffles or eight pancakes, the utility is given only for quantities smaller than these.
Quantity of waffles Total utility of waffles Marginal utility of waffles
1 100 100
2 180 80
3 240 60
4 270 30

Quantity of pancakes Total utility of pancakes Marginal utility of pancakes
1 40 40
2 70 30
3 90 20
4 105 15
5 115 10
6 120 5
7 123 3
8 125 2

Required:
Given his budget constraint, determine what quantities of waffles and pancakes Parker will consume to maximize utility.
Business
1 answer:
timofeeve [1]3 years ago
3 0

Answer:

Explanation:

You might be interested in
The economic term for the want-satisfying ability, or value, that organizations add to goods or services is
Lana71 [14]

The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.

<h3>What is utility?</h3>

Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.

It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.

Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.

Learn more about utility here : brainly.com/question/24848038

4 0
2 years ago
The owner of a successful restaurant has gotten bored with his business. He
marta [7]

Answer:

my best guess would be C.

5 0
3 years ago
Read 2 more answers
Zaney, Inc. operated Zaney’s Bar and Grill. An officer of the corporation instructed the bartender at Zaney’s to "maintain order
anastassius [24]

Answer:

The answer is letter D.

Explanation:

The correct is  Zaney’s is not liable for the injuries sustained by the patron.

5 0
4 years ago
Ralph Goldsmith works for Zenith Inc., a leading cosmetic company based in Illinois. At Zenith, Ralph's primary responsibility r
Gelneren [198K]

Answer:

e. Customer Relationship Management

Explanation:

Customer Relationship Management -

It refers to the method which helps to get the required information from the potential and current customers, about the products of the company , is referred to as the customer relationship management .

They require the use of some previous data like the feedback forms, various communication channels like email , chats , website and social media.

It helps to get the correct and unbiased opinion of the customers, which helps in the betterment of the goods and services of the company , and the liking and disliking of the customers is considered while designing the product, which will help to increase the sale of the company.

Hence, from the given question,

The correct answer is Customer Relationship Management .

4 0
3 years ago
Bradley works for Prestige Motors, an automobile dealership. All employees can buy a car at the company's cost plus 4%. The comp
Alexxandr [17]

Answer: $400

Explanation:

Even though Bradley did not have to pay the $500 dealer preparation fee, it cannot be completely waved off because it is a service fee.

For service fees, only 20% of their value can be excluded from gross income.

Bradley therefore will have to include the remaining 80% into their gross income.

= 80% * 500

= $400

3 0
3 years ago
Other questions:
  • Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2,
    12·1 answer
  • Crystal Glass recently paid $3.60 as an annual dividend. Future dividends are projected at $3.80, $4.10, and $4.25 over the next
    6·1 answer
  • In the market for dog food, who is the customer and who is the consumer??
    14·1 answer
  • Balance sheets for P Company and S Company on August 1, 2014, are as follows: P Company S CompanyCash 165500 106000Receivables 3
    8·1 answer
  • The inventory subsidiary ledger is used a.to keep track of inventory sold. b.to keep track of proper inventory maximum and minim
    8·2 answers
  • Assume Baxter Manufacturing begins January with 11 units of inventory that cost $12 each. During January, the following purchase
    7·1 answer
  • If you could create one product that makes your daily life easier, what would that product be? How would that product work? Wher
    15·1 answer
  • A year ago, Kevin went to work for B&amp;G, Inc. He has worked for the finance department ever since he started. He noticed that
    15·1 answer
  • A legal agreement that clarifies the terms and conditions under which labor and management will operate over a period of time is
    11·1 answer
  • Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience which of th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!