Answer:
Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.
Explanation:
According to the question, book is denoted with b whereas, wine is denoted with w.
The Utility function of Martha is- 
The Utility function for Charlie is- 
= $1 : 
= $4
At pareto-optimality,
The budget constraint,
Therefore, it may be said that Charlie must consume 100 books and 25 wine at pareto-optimal allocation.
Answer:
Nexsen new stock basis is $82.67
The holding period of new stock begin on the date new stock was purchased.
The sale of rights produce capital gain of $550
Explanation:
Sale price of the right stock:
Purchase price of right stock is 75 stocks * $90 = $6,750
Less: Selling price of right stock is 25 stocks * $22 = $550
Total cost of right stock is $6,200
No of right stock purchased 75
Cost per stock is $6,200 / 75 = $82.67
Answer:
Gregory didn't seem to address an unsatisfied need. When you are engaging a prospect, you must first determine which are his/her unsatisfied needs that your product or service will satisfy. I.e. what can your product or service do for him. Gregory might be selling a great product, but if the client doesn't need it, then he/she will not buy it. E.g. a car salesperson approaches you and offers a great discount if you buy an Accord. It is a great car and the price you are offering is fantastic. But if the client needs a car that can carry at least 7 people, e.g. Pilot or Odyssey, he/she will not buy the Accord no matter how good the offer is because he/she simply needs something different.
Answer:
False
Explanation:
As we know that the Budgeted Production units can be calculated as under:
Budgeted Production Units = Sales Unit + Closing Units - Opening
Budgeted Production Units = 200,000 + 24,000 - 22,000
Budgeted Production Units = 202,000 Units
So saying that the budgeted production units for the year were 198,000 units is totally incorrect.
Replacement value of the home = $275000
Percentage of Insurance required = 85%
The amount of coverage is 85% of the replacement value of the home. Therefore, the coverage amount would be:
Coverage amount = $275,000 x 85%
= $275,000 x 0.85
= $$233,750
Therefore, they need to have an insurance cover of $233,750 to cover the 85 percent replacement value of the current home.
