Answer:
Jessica should consume more of good A.
Explanation:
Jessica spends all her income on two goods, A and B.
The price of A is $5, and the price of B is $7.
At the current consumption bundle, the marginal utility of A is 10, and the marginal utility of B is 21.
The total utility is maximized when the ratio of marginal utility and price of the goods consumed is equal for all the goods in the bundle.
The ratio for Good A
=
= 2
The ratio for good B
=
= 3
Since the ratio is higher for good B, the consumer should shift from consumption of good B to good A until the ratio is equal for both the goods.
Answer:
Letter d is correct. <em>Directive</em>.
Explanation:
The directive leadership style is one where there is a leader to advise on essential task requirements, goals, and expectations that should be met by an employee. This style of leadership is often used when there are new or inexperienced employees or when guidance is needed for more complex activities.
The advantages of management leadership are ease of learning, objectivity about organizational expectations, and compliance with compliance with organizational rules and regulations.
Answer:
B. Currently used manufacturing capacity that has alternative uses
Explanation:
Make or buy decision is the process involved in determining whether to produce a product in house or purchase it from an external supplier.
Manufacturing Capacity is described as the production capability of an object in a manufacturing process. The object could be an operator, a machine or even a work center. Every resource in a manufacturing process has its determinable capacity and this is a relevant cost to consider when determing whether to produce or buy a product.
Looking at the definition, it is clear that current capacity of manufacturing with alternative uses is important. In other words, it is very crucial to be able to determine the cost of using the current manufacturing capacity to either make the product in house and then weigh this cost against the cost of using the same manufacturing capacity to manufacture an alternate product.
It stands to reason, (although other costs are weighed) that the product production (current or alternate) that can be manufactured at a lesser cost should be chosen and this is a very crucial decision in a make-or-buy decision.
Looking at the other options, the golden rule is that any cost that is not a direct cost to the manufactur of a product in house or its outsourcing should be ignored in making the decision.
Answer:
B sell some
Explanation:
in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit
Answer:
d. $1,000
Explanation:
GDP = Consumption Expenditure + Domestic Private Investment + Government Expenditure + Net Exports ( Exports - Imports)
GDP = ( durable goods in 2018 + non- durable goods in 2018+ services in 2018) + ( Purchase of Machines + Change in inventories ) + ( Paid salaries of soldiers and police officers + expenditure on building missiles and highways) + Net exports ( Exports - imports )
GDP = ( $200 + $200 + $100 ) + ( $200 + ( $500 - $400 )) + ( $200 + $100 ) + ( $400 - $500 )
GDP = $1,000
Hence, the total GDP for 2018 is $1,000.