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d1i1m1o1n [39]
2 years ago
6

Garcia is currently spending his entire lunch budget on 3 sodas and 4 hot dogs. At his current level of consumption, Garcia's ma

rginal utility for sodas is 5 utils and his marginal utility for hot dogs is 10 utils. In order to maximize his total utility, Garcia should
ANSWER: maintain his current level of consumption if the price of soda i $1 and the price of a hot dog is $2

I need an explannation on why this is correct
Business
1 answer:
MatroZZZ [7]2 years ago
3 0

Answer:

He should maintain this because since he is buying 3 sodas and 4 hot dogs they each one cost 2 and 1 respectively that would mean that for each dollar he spends he gets one utility.If he shifts the balance he might not max out his utility per dollar.

Explanation:

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The Japanese automobile manufacturer Mazda produces the Premacy SUV in Haikou, China at a plant it built in the Chinese province
enyata [817]

Answer:

foreign direct investment

Explanation:

Foreign direct investment  (FDI) refers to a company from country A investing in another country B, either by setting up their own business operations or acquiring a domestic firm. FDI requires that the new company in country B is controlled and managed by the investor form country A.  

6 0
2 years ago
Isabella wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $1.50 per gallon, t
max2010maxim [7]

Answer:

50 cents

Explanation:

8 0
3 years ago
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meriva
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Assume that you purchased a $1,000 perpetual bond (coupon payment is $50) and the interest rate on that bond declined from 5 per
Svetlanka [38]

Answer:

D) all of the above

Explanation:

First find the present value for each alternative  using PV of perpetual cashflow formula;

PV = CF / rate

CF = 50

If rate= 5%;

PV = 50/0.05 = $1,000

If rate = 2%;

PV = 50/0.02 = $2,500

With these two calculations, we see that;

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Hence , all these choices are correct!

5 0
3 years ago
From the list below, select the items that are classified as a materials activity. Select the correct answers. a.Raw materials u
USPshnik [31]

Answer:

A) Raw materials used

B) Raw materials beginning inventory

C) Raw materials purchases

Explanation:

When we are calculating the cost of goods sold, we must calculate total direct   materials used + total direct labor + overhead overhead costs applied.

To calculate how much direct (raw and intermediate) materials are used, we start with our beginning inventory of (raw and intermediate) materials + purchases of (raw and intermediate) materials - ending inventory of raw materials - indirect materials used.

Some industries only calculate raw materials used, but others might include intermediate components in the equation.

6 0
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