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Hoochie [10]
3 years ago
14

Pencils sell for 10 cents and pens sell for 50 cents. Suppose Jae, whose preferences satisfy all of the basic assumptions, is cu

rrently spending all his income on both goods. The marginal rate of substitution for pens to pencils is 5. In order to achieve optimum, what should he do
Business
1 answer:
Elenna [48]3 years ago
3 0

Answer:

Jae should do nothing and continue purchasing the same amount of pens and pencils.

Explanation:

The current rate of substitution that maximizes Jae's utility is Px / Py = 0.50 / 0.10 = 5. That means that Jae will purchase 5 pencils for every pen that he buys, and that is exactly what he is doing right now.

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The mass culture theory results from viewing cinema as a(n)? economic institution. social institution. technological institution
Vadim26 [7]

The mass culture theory result from viewing cinema as a social institution.

Films that are widely disseminated and accessible can readily reach popular culture or mass culture.

Institutions in the theater or, more broadly, the arts have traditionally been on the front lines of managing societal crises or revolutions. Theatres serve as first responders, metaphorically, by providing locations and settings for enlarged depictions of the risks and challenges that society faces.

MASS CULTURE: Typically, the term "mass culture" refers to a culture that results from the centralized production methods used by the mass media.

The mass culture theory result from viewing cinema as a social institution.

To learn more about mass culture as a social institution, visit the following link:

brainly.com/question/16273365

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7 0
2 years ago
ournalize the entries to record the following selected transactions: a. Sold $900 of merchandise on account, subject to 7% sales
Daniel [21]

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Paid $436 to the state sales tax department for taxes collected

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8 0
3 years ago
Enrique is giving a presentation to convince his managers that offering yoga classes at work will improve productivity because i
givi [52]

Answer:

Kinesthetic learning refers to a learning style where the students (or in this case Enrique's audience) learn by performing activities, not just by listening and watching.

If Enrique wants to include kinesthetic learning to his presentation he must at some point ask his audience to stand up and try to do some yoga exercises.

7 0
3 years ago
An office building owned by Milo was destroyed by Hurricane Mel on September 25, Year 4. On October 2, Year 4, the President of
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Answer:

December 31, year 9

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Here, we want to state that date that is possible for Milo to acquire qualified replacement property.

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