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Mkey [24]
3 years ago
12

Ricky is not in a consumer equilibrium. Given the prices of goods, Ricky has allocated all his income such that his marginal uti

lity per dollar spent is ________ for ________ goods.
Business
1 answer:
Murljashka [212]3 years ago
7 0

Answer:

The options are

A) as small as possible; all

B) equal; all

C) equal; normal

D) maximized; all

The answer is B) equal; all

Ricky not being in a consumer equilibrium and he considering the prices prices of goods means he allocated all his income in such a way that entails his marginal utility per dollar spent is equal for all goods.

This is to ensure that he cuts cost and maximizes his spending power.

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A company which uses more than one ________ will often locate near break-of-bulk points.
DENIUS [597]
A company that makes use of more than one <span>transport mode will locate near break-of-bulk points. A break-of-bulk point is a location or place where products are moved from one mode of transport to another place. One good example is the docks where goods </span>transfer<span> from ship to truck.</span><span> </span>
3 0
3 years ago
Able Company enters into a contract with a customer to provide them with an accounts receivable program. Able will also provide
ICE Princess25 [194]

Answer:

One

Explanation:

Installation of the program is the single performance obligation because there nothing more than this obligation the Able company is providing them. If they were providing this facility to the customer's subsidiary as well then the performance obligation would be 2 because the two companies were here to given product access by installation. So in the given scenario there is only one performance obligation.

6 0
4 years ago
Using the double declining depreciation method for an asset with a useful life of 7 years. What is the depreciation expense for
Nastasia [14]

Answer:

The depreciation expense for year 2 is $13,469

Explanation:

Computing the depreciation expense for year 1 is:

Depreciation expense = Asset cost / Number of useful life

= $110,000 / 7

= $15,714.28

Computing the depreciation expense for year 2 is as:

Asset cost for year 2 = Asset cost - Depreciation expense for year 1

$110,000 - $15,714.28

= $94,285.72

So, depreciation expense would be:

Depreciation expense = Asset cost for year 2 / Number of useful life

= $94,285.72 / 7

= $13,469

4 0
3 years ago
1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time
gizmo_the_mogwai [7]
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D. 

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor. 
6 0
3 years ago
Suppose a market basket of goods and services costs $400 in the base year and the consumer price index (cpi) is currently 125. t
Zigmanuir [339]

Suppose a market basket of goods and services costs $400 in the base year and the consumer price index (cpi) is currently 125. This indicates the price of the market basket of goods is now <u>$275</u>.

Inflation is a boom within the standard fee stage. The respectable inflation price is tracked with the aid of calculating changes in a degree called the consumer price index (CPI). The CPI tracks modifications in the cost of residing through the years. Like different financial measures it does a quite precise job of this.

The consumer price index is referred to as that index that is utilized in calculating the retail inflation within the economic system by monitoring the modifications in costs of most normally used goods and services. In other words, the patron charge index calculates the changes in the rate of a common basket of products and offerings.

The CPI tracks the change in retail fees of products and offerings which families buy for or their daily intake. To degree inflation, we estimate how a great deal CPI has accelerated in terms of percentage change over the identical length of the preceding 12 months. If expenses have fallen, it is referred to as deflation (negative inflation).

Learn  more about the consumer price index here brainly.com/question/1889164

#SPJ4

5 0
2 years ago
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