Answer:
Sharon is trying to maximize her marginal utility under the fixed budget.
Explanation:
She is buying exactly twice as many orange juices than sodas, because her marginal utility from juice is twice as much as her marginal utility from soda (60 x 30).
She is considering the marginal utility above the price when making her purchase decisions, because while orange juice provides more utility, it is also more expensive than sodas ($2.00 per bottle vs $1.00 per bottle).
Answer:
Must be offset by an equal increase in liabilities and stockholders' equity
Explanation:
Accounting Equation is stated as :
Asset = Equity + Liabilities
thus
<em>The Left Hand Side must always equal the Right Hand Side.</em>
therefore,
An increase in total assets: must be offset by an equal increase in liabilities and stockholders' equity.
Answer:
$17.9469
Explanation:
Calculation for what dollar wage must be paid in the third year
Since the first year is tend to be the base year in which the real wage and nominal wage are both $15 per hour in that year.
The real wage is suppose to increase by 2 percent in the second year which means that the real wage in year two will be $15.30 ($15 * 1.02) per hour.
In a situation where the real wage was supposed to also increase by 2 percent in the third year, this means that the real wage in year three will be $15.606 ($15.3 * 1.02) per hour.
Therefore In order for us to find the nominal wage in third year , we have to index the real wage in order for it to adjust for inflation. Thus the nominal wage in third year will be $17.9469($15.606 * 1.15).
Therefore what dollar wage must be paid in the third year will be $17.9469
Answer:
a.$37,560
Explanation:
Cash balance $40,000 at month end = Cash balance $52,000 at beginning + cash receipts in June of $532,160 - cash disbursements of $581,720 + New borrowing
⇔ $40,000 = $2,440 + new borrowing
⇔ New borrowing = $40,000 - $2,440 = $37,560
If Skot wishes to maintain a cash balance of $40,000, Skot have to borrow $37,560 if it started the month with a cash balance of $52,000
Answer:
New Orleans
Explanation:
Several of the main inland cities of the country are along the Mississippi River, including: Minneapolis, Saint Louis and Memphis. It is 2,340 miles long and crosses almost all the continental US from north to south, starting in Lake Itasca (Minnesota) to the Gulf of Mexico. The last city before the river reaches the Gulf of Mexico is New Orleans.
