Answer:
Explanation:
The consumption of one more bottle of soda an increase in the total utility = 50 utils
Purchasing an additional bottle of soda Kathy = consumption of three cheeseburgers.
Loss from consuming three cheeseburgers = -75 utils
To gain a bottle of soda, Kate must lose 3 cheeseburgers.
If Kathy consumes one more unit of soda her total utility = 50 - 75
= -25 utils.
There will be a loss in the total utility = 25 utils.
Answer:
Purchase a municipal bond where the broker-dealer has a control relationship with the issuer
Explanation:
Specific customer approval is needed when there is a control relationship between a brokerage firm and the issuer before a security can be purchased in discretionary accounts
Answer:
The correct answer is letter "A": sometimes imposes a higher standard of behavior on merchants than non-merchants.
Explanation:
The Uniform Commercial Code or UCC is a set of rules regulating transactions and contracts mainly of the banking industry or individuals or entities making businesses outside their home state. The UCC has oversight on checks, drafts, letters of credit, investment securities, bank deposits, and sales of goods, but real estate.
<em>The UCC tends to weigh the knowledge of merchants and non-merchants. The UCC considers merchants are at relatively advantage compared to non-merchants while offering products or services because buyers are prone to look for professional sellers. Therefore, the UCC imposes higher behavior standards for merchants than non-merchants.</em>
Answer:
125 birdhouses per month
Explanation:
Barney=150 birdhouses
Total product=150 birdhouses
If Barney hires Fred
Fred =125 birdhouses
Total product=150+125
=275 birdhouses
Marginal product can be defined as a change in output as a result of a change in variable inputs
It can be calculated as follows
Marginal product=change in total product/change in variable inputs
=275-150/1
=125/1
=125 birdhouses per month
Answer:
Selection 1 has lowest NPV = $316.9
Explanation:
Rate of discount is 10% therefore PV factor for every year =
Here 0.1 because interest rate is 10% n = number of year for year 1 = 1 for year 2 = 2 and so on.
Selection 1
Year Cash Flow PV Factor Value
1 $100 0.909 $90.9
2 $100 0.826 $82.6
3 $100 0.751 $75.1
4 $100 0.683 $68.3
Net Present Value = $316.9
Selection 2
In this only in 4th year the payment is received = $500 X 0.683 PV Factor
= $341.5
Selection 3
Only in year 1 $350 is received = $350 X 0.909 = $318.15
Selection 4
Year Cash Flow PV Factor Value
1 $50 0.909 $45.45
2 $50 0.826 $41.3
3 $50 0.751 $37.55
4 $375 0.683 $256.125
Net Present Value = $380.425
Selection 1 has lowest NPV = $316.9