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
forsale [732]
2 years ago
10

Isobel consumes positive quantities of both jam and juice. The price of jam is 10 cents per unit and the price of juice is 5 cen

ts per unit. Her marginal utility of jam is 12 and her marginal utility of juice is 6.
A) Without changing her total expenditures, she could increase her utility by consuming more jam and less juice
B) Without changing her total expenditures, she could increase her utility by consuming more juice and less jam
C) Without changing her total expenditures on jam and juice, she could not increase her utility
D) She should spend more money on both jam and juice.
If two goods are perfect substitutes,
A) there is a bliss point and the indifference curves surround this point.
B) straight indifference curves have a negative slope.
C) convex indifference curves have a negative slope.
D) indifference curves have a L-shape.
The consumer is in equilibrium when
A) MRT MRS
B) Px/Py MUx/MUy.
C) the budget line is tangent to the indifference curve at the bundle chosen.
D) All of the above.
Business
1 answer:
olga55 [171]2 years ago
3 0

Answer:

A. Without changing her total expenditure, she could increase her utility by consuming more jam and less juice.

B. Straight line Indifference curve has negative slope.

D. All of the above.

Explanation:

Isobel can increase her total utility by consuming more of jam and less of juice. Her total expenditure will not change and therefore price of jam is 10 cents while price of juice is 5 cents. She can have more jam because marginal utility for jam is double than juice.

You might be interested in
Scheming Friends.Willy very much wants to rent a basement apartment in Weaver's home.Willy threatens to tell all Weaver's friend
Lana71 [14]

Answer:

E) He will be able to rescind the agreement because Weaver committed fraudulent misrepresentation.

6 0
3 years ago
You are the operations manager of a firm that uses the continuous-review inventory control system. Suppose the firm operates 52
Effectus [21]

Answer:

C. Greater than $6 but not greater than $9

Explanation:

The computation of the  unit holding cost per year is shown below:

As we know that

Economic\ order\ quantity = \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand is 450 × 52 weeks = 23,400 units

Ordering cost is $35 per order

Economic order quantity is 468 units

Now placing these values to the above formula

468\ units = \sqrt{\frac{2\times \text{23,400}\times \text{\$35}}{\text{Carrying\ cost}}}

Now to find out the carrying cost, the calculation is given below:

= (2 × 450 units × $35) ÷ 468^2

= $7.48 per unit

The carrying cost is also known as holding cost

6 0
3 years ago
The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected
IceJOKER [234]

Answer:

current stock price = $28.90

so correct option is (a) $28.90

Explanation:

given data

dividend of D1 = $1.25

constant rate = 6.00%

beta = 1.15

market risk premium = 5.50%

risk-free rate = 4.00%

solution

first we get here Expected rate of return that is express as

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)   .................1

put here value and we get

Expected rate of return = 4% + 1.15 × 5.50%

Expected rate of return = 4% + 6.325%

Expected rate of return = 10.325%

so now we get current stock price

current stock price = Next year dividend ÷ (Required rate of return - growth rate)   .................2

put here value and we get

current stock price = $1.25 ÷ (10.325% - 6%)

current stock price = $1.25 ÷ 4.325%

current stock price = $28.90

so correct option is (a) $28.90

3 0
2 years ago
When you pay a commission at the time you buy a mutual fun you are paying a
labwork [276]
The answer is D.......
5 0
3 years ago
All of the following individuals are U.S. residents: Kelly (27), her daughter Sydnee (4), and Kelly's mother, June (50). All thr
m_a_m_a [10]
The person with a stable household
5 0
3 years ago
Other questions:
  • jerome needs to track what materials the business has in shock and compare current amounts with the amounts at the beginning of
    13·1 answer
  • On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative
    15·1 answer
  • Martha is under a federal investigation for alleged insider trading. She shreds correspondence center to the investigation and a
    9·1 answer
  • A company has $96,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts.
    5·1 answer
  • For purposes of computing depreciation on the taxpayer's home for the home office deduction, the depreciable basis of the home i
    10·2 answers
  • (b) What is market segmentation? Explain in detail with example the THREE (3) market segmentation of Alibaba. by giving referenc
    6·2 answers
  • A physical count of merchandise inventory on November 30 reveals that there are 96 units on hand. Cost of goods sold (rounded) u
    6·1 answer
  • On January 1, 2020, Commonwealth Inc. leases equipment to Tap Inc. The equipment has a fair value of $156,000, a carrying value
    8·1 answer
  • Audra recently earned her associate’s degree and is looking for a job. Her resume lists her strengths in a separate section. Som
    12·2 answers
  • bart and claire are under contract for claire to buy bart's house, but her financing fell through. they decide to cancel the con
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!