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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:

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Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 50,000 bottles of wine were sold every
grigory [225]

Answer:

$4

$1 and $3

False

Explanation:

As per the data given in the question,

a)

Amount of tax for each bottle is $4 because the sellers are receiving $2 and buyers are paying $6. Therefore,

Amount of the tax on a bottle of wine is $6 - $2 = $4

b)

Burden on the consumer = $6 - $5

= $1

Burden on the seller = $4 - $1

= $3

c)

False, because the tax incidence depends on the flexibility or elasticity  of market.

6 0
3 years ago
________ is the centralized policy-based management of all information required for access to corporate systems by people, machi
Ket [755]

Answer:

The answer would be b) identity management

Explanation:

Identity management is used to authenticate users and to determine if they are authorized to access specific systems. Identity management operates by linking user rights and constraints with recognized identities.  Identity management ensures that only authorized users can access to organizational systems while those without access are restricted.  

8 0
3 years ago
Will shoprite manager makes informed decision
SVETLANKA909090 [29]

Answer:

Yes

Explanation:

Because of he really wants to sees his company growing up to another level

7 0
1 year ago
The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. It
tiny-mole [99]

Answer:

$45,000

Explanation:

LCM (lower of cost or market) is an inventory valuation method that uses the lower figure between the cost of purchase of an inventory, and the price at which it can be currently replaced in the market, as the carrying amount of the inventory.

Accordingly, using LCM, the value of Daily Grind's inventory

= lower value of (inventory of coffee makers without timer) + (inventory of coffee makers with timer)

= 10,000 + 35,000

= $45,000

3 0
3 years ago
A negative outflow to the U.S. balance of payments is generated by the purchase of United States assets (such as United States T
Georgia [21]

Answer:

B) False

Explanation:

Not necessary. Every transactions has two parts recorded as a debit and a credit.

If the purchases of US assets (credit to US capital account, broadly include Treasury bonds, businesses and land) are funded by the sales of goods and services (debit to US current account) then it will push the US balance of payments down.

However, if those purchases are funded by the sales of foreign assets to US investors (debit to US broadly defined capital account), then it will not affect the US BOP negatively. It's the cross ownership of international investors in US assets and US investors in international assets.

8 0
3 years ago
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