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jek_recluse [69]
3 years ago
5

Suppose at her current level of consumption, a person enjoys going to an additional baseball game three times as much as seeing

an additional new movie. The price of a ticket for a baseball game is $30, and the price of a ticket for a movie is $15. Is the person spending her income (for these two goods) in a manner that maximizes her satisfaction
Business
1 answer:
AleksAgata [21]3 years ago
3 0

Answer:

The person is NOT spending her income for both goods in a manner that maximizes her satisfaction.

Explanation:

Based on the information given The person is NOT spending her income for both goods in a manner that maximizes her satisfaction which means that she would have to INCREASE baseball games consumption and DECREASE movies consumption reason been that we were told that an individual enjoys going to baseball game three times compare to seeing new movie which therefore means The price of the ticket for a baseball game which is the amount of $30 should be increase while the price of a ticket for a movie which is the amount of $15 should be decrease.

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Mazyrski [523]

Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

= Sales revenue - Cost of goods sold

Sales revenue:

= 200,000 x 4.70

= $940,000

Cost of goods sold:

= Total production cost / Total units produced x Units sold

= 665,600 / 208,000 x 200,000

= $640,000

Gross profit:

= 940,000 - 640,000

= $300,000

Find out more on gross profit at brainly.com/question/942181.

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3 0
2 years ago
if a bookseller buys a paperback book for 4$ and the book is labeled with a selling price of 6.99,how much is the dollar markup?
lbvjy [14]
Given:
Selling price = 6.99
Cost = 4

The dollar markup is computed by deducting the cost from the selling price.

6.99 - 4 = 2.99 is the dollar mark-up based on cost.

2.99/4 = 0.7475 x 100% = 74.75% is the percentage mark-up based on cost.

8 0
3 years ago
Why was Germany particularly susceptible to a downturn in the economy? (in the 1930s)
Step2247 [10]

I believe the answer is: Germany owed large debts to other countries after World War I


After being forced to surrender in world war I, the Allies forced Germany to pay back all the expense that other countries have to made due to the war that Germany initiated as their term of surrender.

This caused a massive increase in Germany's national debt and caused a downturn in their economy.

7 0
4 years ago
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I belong to a community of young moms and we stick together to prove that just because we are mothers doesn’t mean we are unable
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ladessa [460]

Answer:

The answer is: D) Not human subjects

Explanation:

Her research project is about junk food availability, and that doesn´t include research with human beings. The research should be classified as Not Human Subject since it doesn´t involve any living individual.

Research done on humans are classified as:

  • Exempt from review: if it involves very minimal or no risk for human participants.
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3 years ago
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