Answer:
b. 3 McBurgers and 2 cans of Alpo
Explanation:
If the goal is to maximize utility, Ms. Tightwad should look into purchasing the combination that yields the highest utility.
a. 4 McBurgers, 0 Alpo cans:
b. 3 McBurgers, 2 Alpo cans:
c. 2 McBurgers, 4 Alpo cans:
d. 1 McBurger, 6 Alpo cans (assume marginal utility stays constant after the 4th can):
Since option b. yields the highest utility, she should buy 3 McBurgers and 2 cans of Alpo
I would assume it’s A.
A business cannot function without information stored for later analysis when necessary.
Answer: No. She turns away business when the cost of an additional unit exceeds the income from it.
Explanation:
In order to maximize production, the optimal point at which Hester should wash cars is the point where marginal revenue equals marginal cost. Marginal cost should not be above marginal revenue because it would mean that a marginal loss is being made.
At the 101st car, Hester would make a marginal loss of $0.05 because the cost of $10.05 to wash exceeds the revenue of $10.00 that she charges the customer. She should therefore not accept this or additional business because it will lead to her incurring losses.
Answer:
Employers may discriminate in terms of who they allow to participate in the plan.
Explanation:
A deferred unqualified payment agreement is a contractual arrangement between a very employer as well as a worker in which the employer intends to compensate the worker at a future date.
The provider expressly gives an unprotected commitment to provide future compensation to a worker, according to the clear conditions of the agreement.
However, such funding is not mandatory by the government and also their is a high direction for the employer in choosing the conditions, thus, their is high Chance of discrimination by employer also.