Answer:
the answer is option D)<u>Equal sharing of the bill ensures that people order a similar dollar amount of food</u>
Explanation:
The theory of consumer behavior states that "consumers allocate incomes among different goods and services to maximize their utility"
Consumer behavior revolves around three parameters their preferences, budget constraints, and options available.
The budget constraint will definitely influence the choice of what to buy within the options available to maximize utility. That means how the bill is shared among the three friends will ultimately affect how much they will chose to eat.
Secondly, The vegetarian will not be better off with equal sharing of the bill because the cost of his food according to the data provided is less.
We don not know for sure if the wine drinker drinks too much or whether he will want his other friends to foot the extra bill from the cost of his wine but we are certain that equal sharing of the bill ensures that people order a similar dollar amount of food.
Answer:
a. less risky strategies first.
Explanation:
When find enter into foreign markets their knowledge and experience in the market space is limited. They will most likely implement less risky strategies of doing business bearlier on.
As they get to understand the market dynamics of the foreign country they are more confident in doing more risky transactions.
For example they can start with local production and exporting to the foreign country first. Then later open up operations in the foreign country.
defining and implementing monetary policy. conducting foreign exchange operations. holding and managing the euro area's foreign currency reserves. promoting the smooth operation of payment systems.
<h3>What is
foreign currency reserves?</h3>
Foreign Exchange Reserves are cash and other reserve assets, such as gold, held by a central bank or other monetary authority and used primarily to balance a country's accounts, influence the foreign exchange rate of its currency, and maintain financial market confidence.
Foreign exchange reserves are a country's emergency funds in the event of an emergency, such as a rapid depreciation of its currency. Countries use foreign currency reserves to maintain a fixed rate of value, maintain competitively priced exports, remain liquid in the event of a crisis, and provide investors with confidence.
To know more about foreign currency reserves follow the link:
brainly.com/question/25812353
#SPJ4
Answer:
The company must sell 800 units in order to earn the target.
Explanation:
This question requires us to calculate number of units required to be sold in order to acheive target profit. The answer can be calculated using simple break even calculation methodology.
To find number of units required to be sold we will divide sum of fixed cost and pre tax profit with contribution per unit.
Requires Sales = <em>(Fixed Cost + Pre tax profit)/ Unit contribution</em>
= (15,000+ (20,000/80%))/ 50 = 800 units
Answer:
No, property rights will not help in the economic growth
Explanation:
Property rights is the ownership of resources legally and how the resources can be used. The resources can be of tangible as well as intangible in nature and can be owned by the businesses, governments and individuals.
Economic growth is increase in the manufacturing of the goods and services in the economy.
So, owning the rights of the property would not help in increasing the economic growth as the ownership is taken by individual or business for their own benefit not for economic growth.
Therefore, the property rights will not help in economic growth as it allow people to own the expensive items.
