The answer is that "because utility<span> is </span>maximized"<span>.
</span>
The condition for maximization of utility describes that Utility is expanded or maximized when add up to expenses level with the financial plan accessible and when the proportions of marginal utilities to costs are equivalent for all goods and services.
This is known as the repetition principle and this is used for long term memorization. This is also consistently used by commercials wherein certain keywords are repeated constantly so that one will not forget it over a course of time.
Answer:
She wait more for opportuniti cost
Explanation:
because he have no amount to go for trip in new Zealand
Answer:
Results are below.
Explanation:
Giving the following information:
Sales $382,500 (units 5,100 $75 per unit)
variable costs $245,000 (48.04 per unit)
fixed costs $98,000.
Option 1:
Increase selling price by 16%.
New selling price= 75*1.16= 87
Sales= 5,100*87= 443,700
variable costs= (245,000)
fixed costs= (98,000)
Net income= 100,700
2. Reduce variable costs to 59% of sales.
Contribution margin= (382,500*0.41)= 156,825
fixed costs= (98,000)
Net income= 58,825
T<u>he most profitable option is the first one.</u>
Answer: Japan has the higher real interest rate.
Explanation:
Japan:
Nominal interest rate = 5%
Inflation rate = 2%
Real interest rate = Nominal interest rate - Inflation rate
= 5 - 2
= 3%
United States:
Nominal interest rate = 7%
Inflation rate = 6%
Real interest rate = Nominal interest rate - Inflation rate
= 7 - 6
= 1%
∴ Japan has the higher real interest rate.
