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Nana76 [90]
3 years ago
7

Consumer equilibrium requires that the marginal utility per dollar spent be unequal for all goods. Group of answer choices False

True
Business
1 answer:
Schach [20]3 years ago
7 0

Answer: True

Consumer equilibrium requires that the marginal utility per dollar spent be unequal for all goods. Group of answer choices True

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An investment of $82,000 was made by a business club. The investment was split into three parts and lasted for one year. The fir
Vesna [10]

Answer:

a 54,000 dolllars

b 18,000 dollars

c 10,000 dollars

Explanation:

<u><em>From the given we can conclude:</em></u>

all investment equal 82,000 thus:

82,000= a + b + c

then:

interest of a equal 4 times interest of b:

a x 0.08 = 4 x b x 0.06

a =  (0.24/0.08)b = 3b

<u><em>and that total interest:</em></u>

a x 0.08 + b x 0.06 + c x 0.09 = 6,300

4 x b x 0.06 + b x 0.06 + c x 0.09 = 6,300

5bx0.06 + 0.09c = 6,300

c = (6,300 - 0.3b)/0.09

<em><u>we now replace a and c as expressions of b:</u></em>

82,000 = 3b + b + c = 4b + c

82,000 = 4b + (6,300 - 0.3b)/0.09

82,000 = 4b + 70,000 - 3,33b

12,000 = (2/3)b

b = 18,000

<em><u>now we solve for a and c:</u></em>

a = 3b = 3 x 18,000 = 54,000

interest of b:

18,000 x 0.06 = 1,080

interest of a:

54,000 x 0.08 = 4.320‬

4,320/1,080 = 4 we pass the interest relathionship requirement

82,000 - 54,000 - 18,000 = c

c= 10,000

10,000 x 0.09 = 900

1,080 + 4,320 + 900 = 6,300 we also fullfil the total interst requirement

4 0
4 years ago
On April 30, one year before maturity, Middleton Company retired $200,000 of its 9% bonds payable at the current market price of
devlian [24]

Answer:

Loss on retirement of these bonds = $5,400

Explanation:

Particulars                               Amount

Amount paid                          $202,000

Book value of bonds             <u>$196,600</u>

Loss on retirement of bonds <u>$5,400</u>

However, this is not a real economic gain

3 0
3 years ago
Why should a person create a budget
kondor19780726 [428]

Answer:

To know what things they should buy and how much they should pay

Explanation:

7 0
3 years ago
Read 2 more answers
The 1040EZ is the _____.
Andrei [34K]
I believe the correct answer from the choices listed above is the first option. The 1040EZ is the shortest and simplest tax return form. Form<span> 1040 is one of three </span>IRS tax forms used<span> for personal (individual) federal income tax. Hope this answers the question.</span>
5 0
3 years ago
Read 2 more answers
Nina is passionate about cars. She does not have any intention of buying a car as she lives in Manhattan and prefers taking the
adell [148]

Answer: d. Ongoing research

Explanation:

Nina's search behavior refers to an ongoing research as she's not yet ready to buy the car yet but rather doing studies through magazine and visiting new car models to test drive.

5 0
3 years ago
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