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zmey [24]
3 years ago
9

Amanda's utility function is given by the equation u=10x+27, where x is the only good she is interested in purchasing. Given thi

s information, what would Amanda's utility level be if she consumed one unit of x?
Business
1 answer:
Rufina [12.5K]3 years ago
6 0

Answer:

37

Explanation:

From the given information;

if the utility function is given by:

u = 10x + 27

where;

x = one unit ( i.e. the quantity of the good she is interested in buying)

Then,

u = 10 (1) + 27

u = 10 + 27

u = 37

Thus, Amanda utility level if she consumed one unit of x = 37

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Credit scores are calculated basing on the information in your credit report

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What is an origination fee on a loan?
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4 0
3 years ago
Which of the following investments would have the lowest present value? Assume that the effective annual rate for all investment
nekit [7.7K]

Answer:

Investment D would have the lowest present value

Explanation:

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3 years ago
In the Hilton example,the population for the study is _____.
Mama L [17]

Answer:

The correct answer is C. Hilton Honors club members.

Explanation:

The Hilton hotel's honorary members are made up of guests who have used the hotel's facilities for many days of the year, and who are recognized in the rewards program as loyal to the brand. A series of benefits are directly assigned for belonging to this select group, such as discounts on the lodging service, the possibility of enjoying all the facilities of the hotel in any city in the world, among others.

7 0
4 years ago
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and
hram777 [196]

15.9% is its stock out probability if Store A’s order quantity is 800 units

Solution:

z-score = \frac{(Order quantity-Mean)}{Standard deviation}

             = (800-500)/300 = 1

So , in-stock probability = NORM.S.DIST(1,TRUE) = 0.841345

Hence stock-out probability = 1 - 0.841345

                                               = 0.158655

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