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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

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Aaron Lynch Company has the following balances in selected accounts on December 31, 2020.
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3 years ago
Explain instances which render leadership unnecessary
Scilla [17]

Leadership is not needed when:

  • It will make processes inefficient due to time wasting
  • It is being used to oppress people
  • Subordinates don't need leadership

Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.

There are instances where it is not needed however such as when:

  • It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.

  • It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.

  • Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.

In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.

<em>Find out more at brainly.com/question/24150490.</em>

3 0
2 years ago
A worksheet contains sales dollars for agents with your company. The values are $1,250, $1,090, $985, $985, $880, $756, $675, $6
ivolga24 [154]

Answer:We use the Large Function. the general formula is  =LARGE(first cell:last cell,3) .Please refer to the explanation section for details

Explanation:

Let us assume

A 1 = $1,250,  A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600

Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;

=LARGE(A1:A2,3)

7 0
3 years ago
A charity organization had a fundraiser where they sold each ticket for a fixed price. After selling 200 tickets, they had a net
Arlecino [84]

Answer: y = 66x - 1200

Explanation: The charity organisation has to sell a number of tickets to cover their production costs of $1,200. It is given that after selling 200 tickets they retain a net profit of $12,000. Net profit is deduced as: Total sales - total costs. Sales is calculated as total tickets x selling price per ticket.

If we let b represent the sales earned from selling tickets, then:

Net profit = total sales - total costs

12,000 = 200b - 1,200

We can then solve for b by taking the 1200 to the other side of the equal sign. When we do that the sign of that number changes. This is also the same as adding 1200 to both sides of the equal sign:

∴12000 + 1200 = 200b

13200 = 200b

To get the price of one single ticket, b, we need to divide both sides by 200.

∴ b = 66

This means that each ticket's selling price is $66.

So when when we take it back to the calculation of net profit then it becomes:

Net profit = total sales - total costs

y = 66x - 1200

To test:

y = 66x - 1200

= 66 (200 tickets) - 1200

= $12,000

4 0
3 years ago
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Trey owns 250 shares of common stock in a toy–store company. this means that he owns a percentage of the company based on the pr
madreJ [45]
Vote is the correct answer
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