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forsale [732]
3 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]3 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.

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3:Leo's rent is due a few days before he expects to receive his paycheck from work. He takes out a
Lady_Fox [76]

Answer:

I think I think it will be 2:35 or 2:50

4 0
3 years ago
How do (inter) governmental organisations, such as the International Energy Agency, project energy use and carbon emissions for
Ainat [17]

The International Energy Agency provides insights into energy use and carbon emissions for the future in the form of exploring different scenarios, which are not actual projections.

<h3 /><h3>What are the goals of the IEA?</h3>

The agency aims to disseminate information and support global efforts to transition from clean and renewable energy use, in order to reduce the impacts of non-renewable energy on the environment and climate.

Therefore, the IEA uses an approach to identify future trends on the sustainable energy transition, and is not really a tool for forecasting the future of global energy.

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5 0
2 years ago
3 Points
Maslowich

Answer:

C. An auction market

Explanation:

Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.

Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.

Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.

<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.

5 0
3 years ago
Read 2 more answers
find the agi and taxable income. responses$20,222 and $7,822$20,222 and $7,822$19,007 and $6,362$19,007 and $6,362$19,007 and $7
Ganezh [65]

A person's taxable income is calculated by deducting all allowable deductions and tax-free expenses from their gross total income, which is a rather straightforward formula.

When applied to a person, it is represented as, Formula for Calculating Taxable Income: Gross Total Income - All Exemptions - All Deductions

Income subject to tax: $19,606

$41,821 in taxable income

9,838 Taxable Income

The amount of income used to determine how much tax an individual or business owes the government in a specific tax year is known as taxable income. Knowing one's total taxable income is crucial because it makes calculating the final amount of tax that will be paid or refunded much simpler.

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7 0
1 year ago
Charlotte's Crochet Shoppe has 12,200 shares of common stock outstanding at a price per share of $68 and a rate of return of 11.
DENIUS [597]

Answer:

9.04%

Explanation:

The computation of firm's WACC is shown below:-

MV of equity = Price of equity × Number of shares outstanding

= $68 × 12,200

= $829,600

MV of Bond = Par value × bonds outstanding × Percentage of par

= $1,000 × 370 × 0.951

= $351,870

MV of firm = MV of Equity + MV of Bond

= $829,600 + $351,870

= $1,181,470

After tax cost of debt = Cost of debt × (1 - Tax rate)

After tax cost of debt = 5.99 × (1 - 0.39)

= 3.6539

Weight of equity = MV of Equity ÷ MV of firm

= $829,600 ÷ $1,181,470

=0.7022

Weight of debt = MV of Bond ÷ MV of firm

= $351,870 ÷ $1,181,470

= 0.2978

WACC = After tax cost of debt × Weight of debt + Cost of equity × Weight of equity

= 3.65 × 0.2978 + 11.33% × 0.7022

= 9.04%

8 0
3 years ago
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