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snow_tiger [21]
3 years ago
15

A college student plans to spend the Friday evening watching movies rented from Red Box. The price of each movie is $1. Suppose

the student receives $3 worth of benefits from the first movie, $2 worth of benefits from the second movie, $1 worth of benefits from the third movie and $0 worth of benefits from the fourth movie. According to marginal principles, how many movies will provide the student with the most satisfaction?
Business
1 answer:
fomenos3 years ago
5 0

Answer:

3 Movies

Explanation:

The explanation is that when the marginal utility equal the marginal cost you get the maximum of benefit of the transaction as you can see the by every movie that they buy they receive a benefit greater than the price until the benefit and the price is the same $1 it is the point where the students get the most satisfaction of their purchases. In this case with a total number of 3 movies that cost $3 they receive $6 of satisfaction.

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KATRIN_1 [288]

Answer:

<u>February.</u>

Desired ending inventory = 10% of March Cost of goods(COGS):

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Inventory needed = COGS + ending inventory

= 32,000 + 3,500

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<u>March</u>

Desired ending inventory = 10% of April COGS:

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8 0
2 years ago
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7 0
3 years ago
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dolphi86 [110]

Answer and Explanation:

The computation of composite score for each location is shown below:-

Composite score for A is

= 0.15 × 89 + .20 × 75 + 0.18 × 92 + 0.27 × 92 + 0.10 × 93 + 0.10 × 90

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 Composite score for B is

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Composite score for C is

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Therefore for computing the composite score for each location we simply multiply weight with A location and in the same manner of A, B and C

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Answer:

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TRUE or FALSE??? HELP!!
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