Answer:
a. $80
Explanation:
investment made $24,000,000
Return required at $1 per 1,000 $24,000
Number of rooms 300
Room rent should be = $24,000 / 300
= $80
Therefore, The price of a room night be at the High Towers Center should be $80.
Answer:
A. Chocolate Candy Bars Total Utility (utils) Marginal Utility (utils
0 0 —
1 25 25
2 42 17
3 54 12
4 62 8
5 66 4
6 65 –1
2. Soda
Explanation:
A.Chocolate Candy Bars Total Utility (utils) Marginal Utility (utils)
0 0 —
1 25 25
2 42 17
3 54 12
4 62 8
5 66 4
6 65 –1
1. In a situation where the consumption go up from 0 to 1, this means that total utility will from 0 to 25.
Therefore the , marginal utility will be 25 (25 – 0).
2. Total utility will be 42(25+17)
3. Marginal utility will be 12 (54-42)
4. The total utility for quantity of 5 is 66, while the marginal utility is 4.
Hence the total utility will be 62 (66 – 4) while marginal utility will be 4(12-8)
6. Total utility will be 65(66-1)
B. Based on( A )above Marco already has two candy bars, which gave him a total utility of 42 this means that when we Add soda his utility would increase to 64 (42 + 22)
And in a situation where he consumes four candy bars which is 2 candy bars + another 2 extra candy bars this means his utility will be only 62.
Based on this Soda will be the preferred one
Answer: here is my best answer i can give
Explanation:
The equilibrium interest rate is determined in the loanable funds market. All lenders and borrowers of loanable funds are participants in the loanable funds market. ... The supply curve for loanable funds is upward sloping, indicating that at higher interest rates lenders are willing to lend more funds to investors.
The owner of a local coffee shop
Answer:
the artist should make the elegant version since the expected profits are higher
Explanation:
elegant version:
expected revenue = (400 x $150 x 40%) + (350 x $110 x 60%) = $47,100
expected profits = $47,100 - $30,000 = <u>$17,100</u>
deluxe version:
expected revenue = (500 x $110 x 40%) + (450 x $70 x 60%) = $47,100
expected profits = $42,250 - $30,000 = $12,250
