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nadezda [96]
3 years ago
15

Assume that Thomas can afford to buy as many candy bars and ice cream cones as he wants. He would continue to consume both candy

bars and ice cream until the
Business
1 answer:
deff fn [24]3 years ago
3 0

Answer:

Marginal utility of each becomes negative

Explanation:

Utility is defined as the level of satisfaction that a person gets from consuming a product.

The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.

That is there is no satisfaction anymore in consuming the product.

In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative

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EA2.
REY [17]

Answer:

6,000 units

Explanation:

The beginning inventory units are calculated below

We know

Number of units produced = Budgeted units sold + ending inventory units - beginning inventory units

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So, the beginning  inventory units  would be

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2 years ago
Establishing an accounts receivable billing policy and procedure includes determining the
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3 years ago
Kevin Morales invests $14,963.72 now for a series of $2,200 annual returns beginning one year from now. Kevin will earn a return
4vir4ik [10]

Answer:

Answer= 9 years

Explanation:

Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate

14,963.72=2200[1-(1.06)^-n]0.06

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1-(1.06)^-n=(14,963.72/36,666.67)

(1.06)^-n=1-(14,963.72/36,666.67)

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7 0
2 years ago
A corporation with common stock outstanding declares a nontaxable dividend payable in rights to subscribe to common stock on Jun
Black_prince [1.1K]

Answer:

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TOTAL CAPITAL GAIN ON SALE = $550

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2 years ago
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