Answer:
The correct answer is (D) all, maximizes her total utility.
Explanation:
Consumer's equilibrium is a defined as a situation in which an individual uses his or her money to buy goods in a manner in which the person obtains the highest satisfaction and has no need for a change in the level of consumption on account of the price of the product.
Consumer equilibrum enables an individual to obtain complete satisfaction from his or her money. Consumer equilibrum is found by comparing the ratio of the marginal utility to the price of a commodity.
Because she possesses these technical skills, Elizabeth can be considered a <u>"knowledge"</u> worker.
A knowledge worker is any individual who works professionally at the errands of creating or utilizing knowledge. For instance, a knowledge laborer may be somebody who works at any of the assignments of arranging, obtaining, looking, breaking down, sorting out, putting away, programming, dispersing, advertising, or generally adding to the change and business of data and those (frequently similar individuals) who work at utilizing the information so created.
Knowledge work can be separated from different types of work by its accentuation on "non-schedule" critical thinking that requires a mix of concurrent and unique thinking. Yet in spite of the measure of research and writing on information work, there is no brief meaning of the term.
The answer is C: $63.54. The credit card will be charged $63.54 in Canadian dollars for 12.00 gallons of gas.
Solution:
Gas is sold per liter in Toronto, Canada for = $1.399
Car needs = 12.00 gallons
12 galloons = 45.4249 liters
Therefore, 45.4249 liters of gas = 45.4249 * 1. 399
= 63.54
Thus, The credit card will be charged $63. 54 for 12.00 gallons of gas.
The official currency of Canada is the Canadian dollar (sign: $; code: CAD; French: dollar canadien). There is no standard disambiguating form; nevertheless, prominent style guides frequently recommend the abbreviation Can$ to distinguish it from other dollar-denominated currencies. It is abbreviated with the dollar sign $. There are 100 pennies in it.
Gas is sold for $1.399 per liter in Toronto, Canada. Your car needs 12.00 gallons. How much will
your credit card be charged in Canadian dollars?
A) $67.15
B) $16.79
C) $63.54
D) $4.44
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Book Value Of Asset
Book Value of Assets is the asset's value in the books of records of a company or an institution at any given instance.
Assets Book Value Formula = Total Value of an Asset – Depreciation – Other Expenses
Book Value Of Asset is
and the fair value of asset exchanged is
As there is a change in the value, this substance exists in the transaction.
Commercial substance exists in business transactions where the outcome is anticipated to change the company's cash flows in the future and is considered only when there is a significant alteration in the risk of cash inflow, the timing of cash inflow, and the amount paid as a result of the transaction.
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Answer:
I sold a used laptop for $139, even though I was willing to go as low as $130 in order to sell it - producer surplus PRODUCER SURPLUS
Even though I was willing to pay up to $147 for a watch and even though the seller was willing to go as low as $137 in order to sell it, we couldn't reach a deal because the government imposed a tax of $16 on the sale of watches. - neither NEITHER
Even though I was willing to pay up to $47 for a jersey sweater, I bought a jersey sweater for only $39. - CONSUMER SURPLUS
Explanation:
Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell the product.
In this question, the producer surplus is $139 - $130 = $9
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
In this question, the consumer surplus is $47 - $39 = $8
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