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Ostrovityanka [42]
3 years ago
14

How do you derive consumer equilibrium is the cardinal utility approach​

Business
1 answer:
solniwko [45]3 years ago
7 0

Answer:

According to utility analysis, the consumer will be in equilibrium when he is spending money on goods in such a way that the marginal utility of each good is proportional to its price. Let us assume that, in his equilibrium position, consumer is buying q1 quantity of a good X at a price P1.

Explanation:

please mark as brainliest

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A person borrows $100,000 from the bank for 6 months at an annual simple interest rate of 5%, what steps do you take to determin
Readme [11.4K]

Answer:

$100,000 and $2,500

Explanation:

The computation of the principal and the interest due at the end of the 6 months is shown below:

As we know that

Simple interest is

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $100,000 × 5% × (6 months ÷ 12 months)  

= $2,500

The total amount would she paid is

= Principal + interest

= $100,000 + $2,500

= $102,500

8 0
2 years ago
Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. Enter net loss w
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Answer:

1226=113 %44311)23444443

3 0
2 years ago
The texas general land office is accused of mishandling funds earmarked for hurricane relief and recovery. who is responsible fo
kompoz [17]

The Texas general land office is accused of mishandling funds earmarked for hurricane relief and recovery. The governor is responsible for investigating .

The governor is responsible for investigating because only the governor can call a special session . The governor also gets to set the agenda for the session as well.

The General land office has the responsibility to administer funds in the event of natural disasters like Hurricanes. They are also responsible to provide aid for long term as an disastrous event can displace people for months.

The Texas general land office through the community development and revitalization division works to rebuild communities by putting texas back in homes , restoring infrastructure and preventing future damage through planning.

To learn more about Texas:

brainly.com/question/536413

#SPJ4

5 0
1 year ago
From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single
KATRIN_1 [288]

Answer:

(b) Internal failure costs (d) Prevention cost

Explanation:

(a) External failure costs are those costs incurred due to product failures after they have been sold to customers. These costs include: Legal fees related to customer lawsuits. Loss of future sales from dissatisfied customers.

b) Appraisal costs are a specific category of quality control costs. Companies pay appraisal costs as part of the quality control process to ensure that their products and services meet customer expectations and regulatory requirements. These costs could include expenses for field tests and inspections

(c) Internal failure costs are those costs of quality associated with product failures that are discovered before a product leaves the factory. These failures are discovered through the firm's internal inspection processes.

(d) Prevention costs are those costs incurred to avoid or minimize the number of defects at first place are known as prevention costs. Some examples of prevention costs are improvement of manufacturing processes, workers training, quality engineering, statistical process control

3 0
3 years ago
Read 2 more answers
Joseph and denise gave a presentation on how to bake low-calorie cookies. they explained each step, from beginning to end. this
Pani-rosa [81]

Time or sequential order means that you are listing something based on a logical order – it can be a numerical or alphabetical order. Logical reasons order means that you are listing based on how you think it is best presented in order to convey your idea to the audience.

Narrative order is listing something based on how a story should best be told – it may not be sequential, but the intention is to create a cohesive storytelling. Topical order is explaining something starting with the problem first, then the solution.

From all these explanations, the best answer to the question would be (A) time or sequential order.

5 0
2 years ago
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