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IRISSAK [1]
3 years ago
10

Juan spends all of his income on baseball cards and candy. At his current consumption bundle, the marginal utility of baseball c

ards is 20 and the marginal utility of candy is 10. If the price of baseball cards is $10, and the price of candy is $2, Group of answer choices Juan should consume equal amounts of baseball cards and candy. Juan is maximizing his utility, and he should continue to consume the current bundle. Juan should increase his consumption of candy and decrease his consumption of baseball cards. Juan should increase his consumption of baseball cards and decrease his consumption of candy.
Business
1 answer:
Aleks [24]3 years ago
7 0

Answer:

Juan should increase his consumption of candy and decrease his consumption of baseball cards.

Explanation:

Given that

The baseball cards marginal  utility is 20

And the candy marginal utility is 10.

Now If the baseball cards price is $10,

and the candy price is $2

So if we divide the marginal utility with the price so it will come 2 for baseball card and 5 for candy so the consumption of the candy should be increased while on the other hand the consumption of the baseball card should be decreased

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Ellen is employed by Software​ Inc., a software company located in the Silicon Valley of​ California, as a software manager. Her
Furkat [3]

Answer and Explanation:

Ellen should look for job or business that is similar to his former work so that Ellen does the least harm so, Ellen must join a software company.

If Ellen left the company, Allen would have to make up for the loss of the company, but in this case the company has fired Ellen, due to which she will not have to pay any compensation.

4 0
3 years ago
The process of polling potential investors regarding their interest in a forthcoming initial public offering (IPO) is called ___
SSSSS [86.1K]

Answer:

B. book building is the correct answer.

Explanation:

6 0
3 years ago
a county taxes real property at a millage rate of 15. if your customer owns real property in the county and the assessed value i
patriot [66]

$1800

15 x 0.001=0.015

.8 x $150,000=120,000

120,000x.015=$1800

Another way to calculate the number of tax during this example is to multiply your assessed value by 0.0185. Using the millage rate above, a home assessed at $300,000 would have a bill of $5,550. The formula is: Assessed value ($300,000) x millage rate (1.85%, or 0.0185) = land tax ($5,550). To calculate the mileage, or mill rate, a possessor divides the quantity of mills by 1,000.

As an example, say a neighborhood taxing authority encompasses a mill rate of 15 on the assessed value of holding in its jurisdiction. That puts the capital levy rate at 1.5% before any county taxes adjustments or exemptions. To calculate your individual property's effective charge per unit, all you have got to try and do is divide your annual invoice by what you estimate to be the value of your property.

The assessed value estimates the reasonable value for your home. it's based upon prevailing local realty market conditions. Multiply the value of your item or service by the county taxes charge per unit. If you have got a charge per unit as a percentage, divide that number by 100 to induce the charge per unit as a decimal. Then use this number within the multiplication process.

learn more about county taxes: brainly.com/question/25844719

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3 0
2 years ago
16. Probett's Auto Body Repair Shop had revenues that averaged $90,000 per week in April and $80,000 per week in May. During bot
Advocard [28]

Answer:

productivity of labor increased by 16.24% in May respect to April

Which means the company was experimenting diminished return in their labor facot as reducing their quantity increase the marginal revenue generated

Explanation:

April productivity:

revenue $90,000

labor used: 40 x 6 + 25 x 4 = 340

productivity of labor:

90,000 / 340 = 264,70 each hour of labor generate 264.70 dollar of revenue

May productivity:

revenue 80,000

labor used: 40 x 6  +  2 x 10 = 260

productivity:

80,000 / 260 = 307,6923 = 307.69

each hour of labor gneerated $307.69 dollar of revenue

<em><u /></em>

<em><u>percentage change</u></em>

307.69/264.70 - 1 = 0,16241

3 0
3 years ago
To obtain a change of the zoning for a particular property, for example, from residential to commercial, a property owner would
FrozenT [24]

Answer: Zoning Map Amendment?

Explanation:

Zoning Map Amendment is an official document showing that there is a change in the way the land or property is divided into zones within a district and also the way it is being used either for industrial, residential or business purpose.

It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.

7 0
4 years ago
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