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
beks73 [17]
3 years ago
6

You are choosing between two goods, X and Y, and your marginal utility from each is as shown in the table above. If your income

is $9 and the prices of X and Y are $2/unit and $1/unit, respectively, what quantities of each will you purchase to maximize utility?
Business
1 answer:
oksano4ka [1.4K]3 years ago
6 0

Answer:

X= 2 units

Y= 5 units

Explanation:

You might be interested in
You have informed users that you need to bring the machine down at the end of the day to perform routine maintenance. However, p
Rom4ik [11]

Answer:

shutdown -h +15 It is time for a shutdown!

Explanation:

shutdown -h +15 It is time for a shutdown!

5 0
4 years ago
Clare, a florist, opened a new store and wanted to purchase a new refrigeration display cabinet for fresh-flower arrangements. S
stira [4]

The question is incomplete:

Clare, a florist, opened a new store and wanted to purchase a new refrigeration display cabinet for fresh-flower arrangements. She entered into a deal with Alpha Refrigeration Systems for two refrigeration units at $600 each. But, after delivering the units, the salesperson demanded another $100 as delivery charges, which was not mentioned in the deal. Identify the win-lose strategy used by the salesperson.

-Good guy-bad guy routine

-Browbeating

-Red herring

-Trial balloon

-Lowballing

Answer:

-Red herring

Explanation:

-Goog buy-bad guy routine is a strategy in which one person appears to be on your side and when you get to an agreement, this person goes to the bad guy for approval who will renegotiate.

-Browbeating is a strategy in which the buyer tries to affect the saleperson atittude by saying unflattering things.

-Red herring is a strategy in which one of the parties tries to distract the other one from certain isues to get an advantage.

-Trial balloon is an strategy in which one of the parties says something to the other one to get information about its position in the negotiation.

-Lowballing is an strategy in which the buyer makes a really low offer to test the seller.

According to the definitions, the answer is that the win-lose strategy used by the salesperson is red herring because Clara didn't consider the information related to the delivery when purchasing the units as she was probably distracted by other aspects and didn't consider this.

5 0
3 years ago
Economists generally argue that:
djverab [1.8K]

Answer: A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.

Explanation:

Economists generally believe that moderate inflation is actually good for the economy as prices need to increase in a healthy manner overtime in order to drive consumption. This means that to them, the cost of moderate inflation is nearly zero.

This is a sharp contrast to high inflation which most economists generally believe to be costly as it reduces the savings of people as well as their real wages and welfare.

8 0
3 years ago
Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried abou
Ne4ueva [31]

Answer:

Bonds

Explanation:

Bonds fit all of Marlon's needs since:

  1. He can know the interest rate up front, e.g. the coupon rate of the bond, or  the market rate if the bond is purchased at a premium or discount.
  2. Some bonds have a very remote maturity date, up to 30 years (e.g. US securities) and that is a long period of time.
  3. Even though Marlon can cash his money before the bond matures (he can sell them), it is something that takes a few days and must be done by a broker.
  4. Bonds are very secure investments, specially US securities which are considered the most secure investment in the world, but even corporate bonds are considered secure. In case the firm goes is liquidated, bondholders receive their money before preferred stockholders and common stockholders.

8 0
3 years ago
Beswick widget ltd. sets up a system to monitor unit sales of its products to measure changes taking place in customer tastes an
Vaselesa [24]

The system that Beswick widget ltd is using in means of monitoring unit sales of its production and to measure changes taking place with the taste of the customers is the feedback control. This is a system where it is responsible for examining the order in means of making changes to have an improvement in terms of the efficiency of the output.

7 0
4 years ago
Other questions:
  • Roasters Corporation and Outdoor Barbecues, Inc., enter into a contract for a sale of a commercial grill. The contract requires
    10·1 answer
  • An economic expansion leads to​ ________ needsminustested spending and​ ________ induced taxes.
    14·1 answer
  • _____ encourage employees to behave in a socially responsible manner.
    7·1 answer
  • On January 1, 2019, Brooks, Inc., borrows $90,000 from a bank to purchase machinery. Brooks signs a 5 percent installment note r
    10·1 answer
  • Before the year​ began, Venus Manufacturing estimated that manufacturing overhead for the year would be $ 175 comma 900 and that
    13·1 answer
  • In the chapter, we used Rosengarten Corporation to demonstrate how to calculate EFN. The ROE for Rosengarten is about 7.3 percen
    5·1 answer
  • Omicron Technologies has $60 million in excess cash and no debt. The firm expects to generate additional free cash flows of $48
    6·1 answer
  • What is the order in which the three separate management decisions should be completed for HRM managers that design effective co
    12·1 answer
  • Is it true or false that once all franchis is paid for all profit goes to the entrepreneur
    14·1 answer
  • PLS HELP ME <br><br> the subject is economics
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!