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Yuri [45]
3 years ago
13

Answer the question on the basis of the following two schedules, which show the amounts of additional satisfaction (marginal uti

lity) that a consumer would get from successive quantities of products J and K.
Units of J MUj Units of K MUk
1 56 1 32
2 48 2 28
3 32 3 24
4 24 4 20
5 20 5 12
6 16 6 10
7 12 7 8
If the consumer's money income were cut from $52 to $28, and the prices of J and K remain at $8 and $4, respectively, she would maximize her satisfaction by purchasing:
a. 4 units of J and 5 units of K.
b. 6 units of J and 3 units of K.
c. 5 units of J and 5 units of K.
d. 2 units of J and 7 units of K.
Business
1 answer:
wlad13 [49]3 years ago
6 0

Answer:

d. 2 units of J and 7 units of K.

Explanation:

Marginal utility of a consumer is the measure of the benefit gained by consuming each additional unit. In the given scenario the consumer will gain from consuming each additional unit of J and K. When the consumer will have more of J then his marginal utility will decline which indicates that there should be combination of J and K.

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The managers of a car dealership have decided to utilize the Hawthorne effect to increase productivity, which means using camera
Leokris [45]

Answer:

False

Explanation:

The change in the behaviour of participants when they are aware that they are being observed is called Hawthorne effect. It can be defined as increase in output in response to being watched.

The term emerged with Hawthorne studies that tested the impact of various working condition variables on the productivity of the employees. Although experts do not believe that there was any Hawthorne effect in Hawthorne studies.  

Hawthornian studies began around 1924 at the western Electric plant in Illinois, Chicago.

5 0
4 years ago
Consider a small country that is closed to trade, so its net exports are equal to zero. The following equations describe the eco
viva [34]

Answer:

Y = 300

government multiplier 2

output demanded increase by 20

If income tax is applied:

Y = 272.72

multipliers: 2.253775

increase 22.53775 billons

As disclosure it has a larget effect when the income tax is levied based on income rather than a flat rate.

Explanation:

DI = Y - 100

C = 30 + 0.6(Y - 100)

C = 30 - 60 + 0.6Y

C = 0.6Y - 30

Y = C + G + I

Y = (0.6Y -30) + 120 + 30

Y = 120 / 0.4 = 300

C = (0.6)300 - 30 = 150

With C we solve for the multiplier:

150/300 = 0.5

1 / (1 - 0.5) = 2

10 x 2 = 20

If variable that:

C = 30 + 0.6 (0.75Y)

C = 30 + 0.45Y

Y = 0.45Y + 120 + 30

Y = 150/.55 = 272,72

C = 30 + 0.45Y = 152,72

Propensitivity to consume:

152.72/272.72 = 0,5563

multiplier:

1 (1 - PMC) = 2.253775073

10 nillon will icnrease x 2.25377 = 22.54 billons

8 0
3 years ago
A firm receives the proceeds from the sale of its securities in the _________________ market. over-the-counter secondary New Yor
harkovskaia [24]

In the stock exchange market, a firm does receives the proceeds from the sale of its securities in the primary market.

<h3>What is primary market in stock exchange market?</h3>

Basically, the primary market is the market where securities are created and sold to the public by various firms.

In this market, different firm sells new stocks, bonds etc to the public for the first time.

In conclusion, in the stock exchange market, a firm does receives the proceeds from the sale of its securities in the primary market.

Read more about primary market

<em>brainly.com/question/3904762</em>

8 0
3 years ago
A diagnosis of the competitive challenge, an element of a good strategy, is primarily accomplished through strategy
sveticcg [70]

Answer:

strategy analysis

Explanation:

Strategy analysis is an effective way to analyse the business and internal environment within which they work and operate. Another important feature of strategy analysis is to form a competitive environment within the organisation to create an environment in order to effectively accomplish goals. It helps to form the strategic decision of the company. So, the element of good strategy is to do strategy analysis.

3 0
4 years ago
The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00 per pound of butter they sup
Roman55 [17]

the price is 546

because you add all that and you get that muchh

3 0
3 years ago
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