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fiasKO [112]
3 years ago
9

Quantity of Flower A Total Utility Marginal Utility Quantity of Flower B Total Utility Marginal Utility 1 16 16 1 30 30 2 30 14

2 46 16 3 42 12 3 61 15 4 52 10 4 75 14 5 60 8 5 88 13 6 66 6 6 100 12 7 70 4 7 111 11 Your mother needs help deciding how many of two kinds of flowers to purchase for a bouquet she is making. She wants to purchase two kinds of flowers: Flower A and Flower B. If the price of Flower A is $2 and the price of Flower B is $3, how many of Flower A should your mother purchase for her bouquet to maximize her utility if she can spend at most $17 on flowers
Business
1 answer:
OleMash [197]3 years ago
7 0

Answer:

she should buy 4 As and 3 Bs

Explanation:

utility per dollar

                     flower A                 flower B       total money spent

1 flower            8                            10                      $5

2 flowers        7.5                          7.67                  $10

3 flowers         7                            6.78                  $15

<u>4 flowers        6.5                                                   $17</u>

total                29                          24.45                $17

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The sales of Paco Rabanne's Eau de Toilette Spray would fall by 11.25%.

<h3>What is the price elasticity of demand?</h3>

The price elasticity of demand measures the impact of price changes on the quantity demanded of good. When t the price elasticity of demand is less than 1, demand is inelastic.

Percentage change in the quantity demanded = price elasticity x percentage change in price

12.5% x 0.9 = 11.25%

To learn more about supply elasticity, please check: brainly.com/question/26634801

5 0
2 years ago
A disadvantage of contingency funds is:
kramer

Answer: B) it is difficult to ascertain across what project activities contingency funds should be applied.

Explanation:

Contingency funds are needed to make sure that a company remains stable by being able to use these funds to take care of emergency needs as opposed to getting loans at short notice.

Contingency funds however have the disadvantage of being difficult to apply because it is difficult to ascertain across what project activities contingency funds should be applied.

If a project is going awry, determining exactly which part to apply the contingency funds has always been a hassle because knowing exactly where to apply the funds to, to get the project stable is not an easy task abd one could end up applying it to the song part therefore bringing doom to the project.

4 0
3 years ago
Bill manages the quality department. His people check parts made by the production departments to assure all specifications are
densk [106]

Answer:

B. a staff manager

Explanation:

A staff manager is in charge of a revenue consuming department in an organization. He or she is in charge and supervises the employee in that department. Examples of revenue consuming departments include accounting, human resources, and customer service. The main role of staff managers is to keep employees motivated, well-informed, engaged,  and focused.

Staff managers form an important link between employees and top management. Even though they don't make operating decisions, they help in the decision-making process by providing information and guidance. Unlike the line managers, the staff managers do not have directs control of employees, neither are they engaged in managing the day to day business operations of the organization.

6 0
3 years ago
1. In the study of communication, noise is best defined as _
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Noise is any form of interaction that prevents or interfere with the adequate transfer and recieving of Information.

Communication can be in the form of verbal communication,print media(News papers, letters etc) through electronic communications (email, television, mobile phone etc).

8 0
4 years ago
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Answer:

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Explanation:

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Current account includes imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid.

The current account of a country can either be a surplus (positive) or a deficit (negative).

Surplus current account is when a country's export is greater than its import.

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6 0
4 years ago
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