Answer:
A) is maximizing her total utility from the given fixed budget.
Explanation:
The equal marginal principle refers to the principle in which the consumer would select that combination of goods which maximise its total utility. It could be selected by having marginal utility and its price
And for profit maximization, the marginal utility and the price is equivalent to both the goods.
i.e
![\frac{MU_X}{P_X} = \frac{MU_Y}{P_Y}](https://tex.z-dn.net/?f=%5Cfrac%7BMU_X%7D%7BP_X%7D%20%3D%20%5Cfrac%7BMU_Y%7D%7BP_Y%7D)
![\frac{60}{2} = \frac{30}{1}](https://tex.z-dn.net/?f=%5Cfrac%7B60%7D%7B2%7D%20%3D%20%5Cfrac%7B30%7D%7B1%7D)
30 = 30
Hence, the correct option is a.
Answer:
<em>C. biological</em>
Explanation:
From the following OPTION the best OPTION which explains the scenario in the question is OPTION (C).
Because biological design is a design which is designed naturally that can be adjusted and used efficiently.
Here we can see in the scenario that in the workstation, the heights of both Christian and Catalina is been adjusted and used efficiently. Christian and Catalina’s jobs have a<em> </em><em><u>biological</u></em><em> </em>design.
Answer:
The point p should be located to 4.42 km far from the refinery
Explanation:
Minimum of these costs occurs when <em>x = 1/
</em> , so <em>distance </em>should be <em>m</em> km to the east of the refinery.
<em>m = 5 - x </em>
<em>m = 5 - 1/
</em>
<em />
m = 4.42 km
Answer:
(a) the cost of the goods sold for the September 30 sale and
(b) the inventory on September 30.
- Ending inventory = 9 units at $17 = $153
Explanation:
date transaction units unit price total
1 beginning inv. 23 $16 $368
5 sale -13 ($208)
17 purchase 24 $17 $408
30 sale -25 ($415)
30 ending inv. 9 $17 $153
When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.
The COGS of the units sold on Sept. 5 = 13 units x $16 = $208
The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415
Ending inventory = 9 units at $17 = $153