Answer:
Toby is not maximizing his utility because MUp/Pp > MUc/Pc
Explanation:
given data
marginal utility consuming peanuts = 100 utils per ounce
marginal utility consuming cashews = 200 utils per ounce
peanuts cost = 10 cents per ounce
cashews cost = 25 cents per ounce
solution
we know that Toby will have maximize utility when here
Marginal utility of peanut ÷ price of peanut = Marginal utility of cashew ÷ cash ..........................1
MU (p) ÷ P (p) = MU (c) ÷ P (c)
put here value
but here
10 > 8
so we can say Toby is not maximizing his utility because MUp/Pp > MUc/Pc
Answer:
$14,900
Explanation:
not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.
Here,
Investment Fair value (end of year)
Stock A (100 shares) $51
Stock B (200 shares) $49
Stock A = (100 * 51) = $5,100
Stock B = (200 * 49) = $9,800
Total Investment fair value at end of year = $14,900
$14,900 will be the amount reported in stock investments in the year-end statement of financial position.
Answer:
89.44%
Explanation:
As we know that:
Z = (Cash Flow - Mean) / Standard Deviation
Here
Cash flow is the observed value which is the lower limit here and is $11,000
Mean is the average value of the sample and is $16,000
Standard Deviation is $4,000
By putting values, we have:
Z = ($11,000 - $16,000) / $4,000
= -1.25
The Z value lower than -1.25 is 0.1056 or 10.56%
This means that the probability of cash flow lower than $11,000 is 10.56% and the probability of cash flow greater than $11,000 will be
Probability of cash flow = (1- 0.1056) = 0.8944 which is 89.44%
Answer:
The correct answer is letter "A": higher employment, higher output, and a higher price level.
Explanation:
Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.
Payroll is your answer.
Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.
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