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jok3333 [9.3K]
3 years ago
12

In order to encourage energy conservation, many public utility companies charge consumers a higher rate on units of electricity

consumed in excess of some threshold amount. In contrast, a common marketing ploy by other firms is to offer "quantity discounts" to consumers who purchase large quantities of a good. To illustrate how these pricing schemes alter the typical consumer's opportunity set, suppose income = $100, Px = $2 if the consumer buys less than 40 units of X, Px = $3 if the consumer buys more than 40 units of X, and Py = $5. Draw the budget constraint. How would the budget constraint change if the price decreased to $1 after 40 units of X were consumed?

Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer:

ATTACHED ANSWER

Explanation:

The budget constrain will show all the possible consumption considering the price of both product X and product Y

We have to calculate at X = 0 X = 40 and Y = 0

if X = 0 this means we don't buy any product X so is all used to purchase Y 100/5 = 20 units

at 40 units of X we got 40 x 2 = 80 dollars leaving 20 for Y therefore 20/5 = 4

At X = 40 and Y = 4 we find the other budget constrain

Last if Y = 0

if the mass consumption of X is penalized we consume 20/3 = 6.67 more units leading to 46.67

while if it is encourage we consume 20/1 = 20 more units

leading to 60 units in total

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Each unit of a product requires 5 components. The average number of components is 5.50 due to component failure. Purchasing high
Evgesh-ka [11]

Answer:

correct option is d. $225

Explanation:

given data

product requires  = 5 component

average number of components = 5.50

reduce average number of components = 5 per unit

cost per component = $450

solution

we get here reduction in failure costs per unit due to purchasing that is express as

reduction in failure costs per unit due to purchasing = ( average number of components - product requires ) ×  cost per component   .......................1

put here value and we get

reduction in failure costs per unit due to purchasing = ( 5.50 - 5 ) × $450

reduction in failure costs per unit due to purchasing = $225

so correct option is d. $225

4 0
3 years ago
Which statement is the best description of a Value Proposition?
makkiz [27]
What are your answer choices ?
7 0
3 years ago
Alpha Trendz, a clothing and apparel manufacturer, carefully studies information available on the Internet.It also checks comput
zheka24 [161]

Answer: (C) Planning

Explanation:

The planning stage is basically refers to the process in which the various planning and activities are held for achieving the desired result in an organization.

The main benefits of the planning is that it makes the work more efficient and systematic so we can easily develop various types of plans according to the specific process.

 According to the question, the company is in the planning stage of the sales process where the we can easily get information about the products and the services provided by the company over the internet.

 Therefore, Option (C) is correct.  

8 0
3 years ago
If during 2011, the country of Sildavia recorded a GDP of $65 billion, interest payments of $15 billion, imports of $13 billion,
Feliz [49]

Answer: $36 billion

Explanation: In this scenario the total national income formula is manipulated so that the wages figure is deduced. Total national income, also known as gross national income (GNI), is the total amount of cash earned by a country's businesses and individuals. It also forms part of the gross domestic product (GDP) formula. It is cacluated as follows:

Total national income = rent + interest + profits + wages

Total national income forms a part of the GDP formula in the following way:

GDP = Total national income + net foreign factor income + sales taxes + depreciation

Because none of the other GDP figures have been given, they fall away in this scenario. This means that when manipulated so that the wages figure is deducted, the final answer is as follows:

65 billion (GDP) = $7 billion (rent) + $15 billion (interest) + $7 billion (profits) + wages

∴Wages = $65 billion (GDP) - $7 billion (rent) - $15 billion (interest) - $7 billion (profits)

= $36 billion

6 0
4 years ago
Suppose the U.S. government cuts back on government spending and increases taxes in an effort to reduce the budget deficit. What
abruzzese [7]

Answer:

d. There would be a decrease in the current account and an increase in the capital account.

Explanation:

The balance of payment in accounting typically comprises of capital account and current account, it is used for the recording of business transactions between two countries. Capital accounts are used to record any trade between two countries relating to financial assets and liabilities.

The current account is used to record trades relating to import and export of goods and services in a country.

Hence, if the U.S. government cuts back on government spending and increases taxes in an effort to reduce the budget deficit. The effect of these changes on the U.S. balance of payments is that there would be a decrease in the current account because it has no effect on the value of assets and liabilities, thereby affecting the export and import of goods and services.

Also, there would be an increase in the capital account due to the fact that the government tends to borrow more and seeks foreign investors.

4 0
4 years ago
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