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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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Which advertising career interest you the most?
Montano1993 [528]

Answer:

The advertising career that interest me the most is marketing

Explanation:

5 0
3 years ago
Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be
sleet_krkn [62]

Answer:

$5,175

Explanation:

The computation of the amount after 8 month is as follows

As we know that

Amount = Principal × (1 + interest rate × number of days ÷ total number of days)

where,

Principal = $5,000

Interest rate = 5.25%

Number of days = 30 days × 8 months = 240 days

And, the total number of days = 360 days

So, the amount after 8 months is

= $5,000 × (1 + 5.25% × 240 days ÷ 360 days)

= $5,000 × 1.035

= $5,175

8 0
3 years ago
Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
asambeis [7]

Answer:

Meeting with clients= $175 per meeting hour

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Meeting with clients= 1,325,275/7,573

Meeting with clients= $175 per meeting hour

6 0
3 years ago
Suppose the money market, drawn with the value of money on the vertical axis, is in equilibrium. If the money supply increases,
belka [17]

Answer: excess supply of money that will result in an increase in spending

Explanation:

The money market refers to the total amount of money that's in circulation in an economy at a particular time.

If the money supply increases, this implies that there'll be more money available for the people in the economy to spend. This ultimately leads to the increase in the demand for goods and services in an economy.

Therefore, the correct option will be "excess supply of money that will result in an increase in spending".

8 0
2 years ago
An editor must enjoy which of the following?
Art [367]

Answer:

Video creation

Explanation:

I'm editor too...and I love creating videos so that I can try new edits on it....

8 0
2 years ago
Read 2 more answers
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