1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hodyreva [135]
3 years ago
9

Samantha is maximizing total utility while consuming food and clothing. Her marginal utility from food is 50, and her marginal u

tility from clothing is 25. If clothing is priced at $10 per unit, the price of food per unit must be
Business
1 answer:
ale4655 [162]3 years ago
4 0

Answer:

$20

Explanation:

The price of food per unit can be calculated as follows

50×25

= 1250

25×10

= 250

1250/250

= 5

Hence the price per unit of food is

= 25-5

= $20

Therefore the price of food per unit is $20

You might be interested in
Which of the following actions ha NO impact on your credit score
mario62 [17]
Credit Karma. just kidding...<span>You may know that </span>credit<span> card balances, payment history and recent </span>credit<span>inquiries can cause </span>your credit score<span> to sink or soar. But when it comes to the three-digit number that </span>has<span> an </span>impact<span> on everything from </span>your<span> ability to rent an apartment to the interest rates on loans, there are a lot of misconceptions.</span>
6 0
2 years ago
Read 2 more answers
Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decisi
Zigmanuir [339]
Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decision and respect the manager if they know that they were heard and were able to provide input, and if the manager explains the reasons for the decision.
5 0
3 years ago
Decreases in the money supply affect the economy indirectly because A. interest rates decrease causing planned investment to inc
Nimfa-mama [501]

Answer:

The correct answer is option C.

Explanation:

A decrease in the money supply would reduce the availability of credit in the market. The money supply curve will shift to the left. This would further cause the interest rate to increase.

This increase in the interest rate would increase the cost of borrowing. As a result, the cost of borrowing will increase. This will cause the planned investment to decline.

Since investment expenditure is a component of aggregate demand, a decline in the investment will cause the aggregate demand to decrease as well.

8 0
3 years ago
Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $29,400 to get t
Anna007 [38]

Answer:

$29,400; $29,400 and $18,400

Explanation:

Value of parcel of land = $69,800 with a basis = $58,800

Harry's basis is equal to cash contributed which is $29,400

Hermione's basis is equal to cash contributed which is $29,400

Ron's basis = Basis of parcel of land - Mortgage value

                   = $58,800 - $40,400

                   = $18,400

6 0
2 years ago
Can you contest a divorce on the very last day?
Citrus2011 [14]
You actually can cause it wasn’t far alone in the relationship
6 0
3 years ago
Read 2 more answers
Other questions:
  • Molly just started a new job. She needs to fill out a _____ so that her employer knows how much tax to take out.
    10·2 answers
  • In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a
    5·1 answer
  • To reduce the potential for litigation, the keys to dealing with non-performing employees by health leaders are _____________, c
    15·1 answer
  • Failure Mode and Effect Analysis is: a) a technique to determine the ways in which a technical system might fail (including the
    9·1 answer
  • Pharoah, Inc., paid a dividend of $4.25 last year. The company's management does not expect to increase its dividend in the fore
    10·1 answer
  • The ledger is __________. options: a group of accounts that records data from business transactions a tool used to make sure tha
    6·1 answer
  • Selene owns a craft store. Her total costs are $1.2 million per year, and her variable costs are $750,000 per year. This means t
    11·1 answer
  • The common stock of Southern Airlines currently sells for $33, and its 8% convertible debentures (issued at par, or $1,000) sell
    13·1 answer
  • Which punctuation mark best matches the image?
    7·1 answer
  • Because of its usefulness in CVP analysis, managers generally use an income statement in which format
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!