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pav-90 [236]
3 years ago
9

Jerry Seinfeld derives utility from only two goods: Puffy shirts (X) and cereal (Y). His utility function is: U = XY'. The price

of X is $10, the price of Y is $20, and Jerry has an income of $500. Suppose the price of Puffy Shirts increased to $20. The compensated bundle is (2.6794, 24.1149). How much is the total effect, on X, of the price change?
Business
1 answer:
Sladkaya [172]3 years ago
7 0

Answer:

Hope this helps

Explanation:

His utility function is U=XY9. The price of X is 10 dollars and the price of Y is 20 dollars and Jerry has an income of 500 dollars. Suppose the price of Puffy Shirts increased to 20 dollars. The compensated bundle is 2.6794, 24.1149.

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A regulation that puts a price cap on apartment rents leads to​ _______. a monopoly leads to​ _______.
Kisachek [45]
A price regulation that put a price cap on the apartment rents a landlord is permitted to charge leads to underproduction. A monopoly leads to underproduction. The answer is both under productions in the monopoly leads and apartment rent leads. 
3 0
3 years ago
If Company XYZ sells $1,000,000 in assets to pay down $1,000,000 in debt, what impact would this have on the company’s debt to t
ivann1987 [24]

Answer:

B) It would decrease

Explanation:

Suppose that Company XYZ assets before the sale of assets were $2,000,000 and is total debts were $1,500,000. The debt to asset ratio before the sale of assets were:

Debt/Asset ratio=$1,500,000/$2,000,000=0.75

Now the Company XYZ has decided to sell the the assets worth $1,000,000 to pay Debts so the assets now will become $1,000,0000 while the Debts now will become $500,000 and accordingly the debt to asset ratio will be calculated as follows:

Debt/Asset ratio=$500,000/1,000,000=0.50

So based on the above discussion, the answer shall be B) It would decrease

4 0
3 years ago
Harold, a financial accountant at an automobile company, is asked to calculate the net income of the company for a given period.
dsp73

Answer:

The correct answer is Administrative expenses.

Explanation:

Administrative expenses refer to the expenses assumed by the company to be able to operate normally, where production costs are not included if it is a production company. Among these expenses are wages, aid, bonuses, pensions, etc. Its payment is obligatory therefore daily work is carried out that requires the support of the personnel.

4 0
3 years ago
Many commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as
marin [14]

Answer:

off-peak pricing

Explanation:

Off-peak pricing is defined as the type of pricing where there is a lower charge for services when there is less flow of customers. It provides an incentive to keep customers that patronise a business when there is less demand.

When there is a rush or higher demand the price can now go higher.

In the given scenario where commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as they approach a toll booth. Also New York authorities the opportunity to manage traffic flow by charging different toll amounts for different times of day.

This is an off-peak pricing system

5 0
3 years ago
What process involves determining everyone involved in the project or affected by it, and determining the best ways to manage re
andrey2020 [161]

Identifying stakeholders involves determining everyone involved in the project or affected by it, and determining the best ways to manage relationships with them.

Identifying stakeholders process involves identifying and documenting all the stakeholders on the project, which includes their interests, impact, and potential negative influences on the project. Here, the project charter is he main output of identifying stakeholders process.

Identifying stakeholders involves determining the best ways in order to manage relationships with them. Thus, identifying stakeholders is the first process of the initiating process group which can include top management, project managers, and other functional managers.

Hence, identifying stakeholders is an important process.

To learn more about stakeholders here:

brainly.com/question/26761943

#SPJ4

7 0
2 years ago
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