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notka56 [123]
3 years ago
6

Alexandra is maximizing her utility over goods x and y subject to her budget constraint. Her preferences are smooth (maximizers

are always interior). At her optimal consumption bundle, her MRS of goof y for good x is equal to 1. The price of good x is $4. What is the price of good y?
Business
1 answer:
VashaNatasha [74]3 years ago
7 0

Answer: $4

Explanation: The optimization ratio between good x and y is the same .

In other words .Alexandra is maximizing her utility over goods x and y subject to her budget constraint at constant ratio . This is from the fact that At her optimal consumption bundle, her MRS of goof y for good x is equal to 1.

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Pearls, Pearls, Pearls! manufactures and sells jewelry. The total variable cost of goods sold this month is $72,490. Variable se
Aneli [31]

Answer:

Total variable cost= $71,940.54

Explanation:

Giving the following information:

The total variable cost of goods sold this month is $72,490.

Variable selling and administrative cost is $22 per unit sold.

350 units are produced and 314 units are sold this month.

<u>First, we need to calculate the unitary variable cost per unit:</u>

Unitary production cost= 72,490/350= $207.11

<u>Now, we can calculate the total variable cost:</u>

Total variable cost= (207.11 + 22)*314= $71,940.54

5 0
3 years ago
CopperCore Inc., a U.S. business, took a 31 percent equity interest in Javier Holdings, a family business based in Spain. Accord
artcher [175]

Answer: Foreign direct investment

Explanation: This would be an example of a foreign direct investment according to the U.S. Department of Commerce. A foreign direct investment is one such as a business or individual in one country buying into business interests in another country and usually occurs when such entities establish foreign business operations or is engaged in the acquisition of foreign business assets in a foreign company.

Foreign direct investments are of three types (horizontal, vertical and conglomerate) are are carried out to expand the investment base in a country, create employment through the creation of newer job opportunities, the introduction of advanced technology and so on.

4 0
3 years ago
If an industry is characterized by low entry barriers, strong supplier and buyer positions, high threat of substitutes and inten
rodikova [14]

The industry is likely to be a monopolistic industry.

<h3>What is a monopolistic competition?</h3>


A monopolistic industry is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. There is an intense completion among firms in this industry. An example of monopolistic industry are restaurants

To learn more about monopolistic industry, please check: brainly.com/question/21052250

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6 0
1 year ago
Which of these is NOT an example of a fixed expense in a budget?
STatiana [176]
D) expenses for a birthday party
5 0
3 years ago
Read 2 more answers
Everett, Miguel, and Ramona are partners, sharing income 1:2:3. After selling all of the assets for cash, dividing losses on rea
katovenus [111]

Answer:

$42,700 cash is available for distribution

Explanation:

In order to calculate the cash available for sharing, we will first identify the debit and credit transactions. Debit transactions are expenditures, while credit transactions are incomes, hence we need to calculate the difference between the income and the expenditure.

Available cash = Everett (credit) - Miguel (debit) + Ramona (credit)

Available cash = 52,800 - 47,500 + 37,400 = $42,700

Therefore $42,700 is available in cash for distribution to the partners

7 0
2 years ago
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