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MAVERICK [17]
4 years ago
5

Julia​ Paul, an analyst at a research​ institute, lives very close to her office and walks to work every day.​ Meanwhile, her​ c

olleague, Amanda​ Jones, dislikes the fact that it takes her almost an hour to commute to work every day. As a​ result, when Julia decides to move to a suburb farther​ away, Amanda is very surprised. Which of the​ following, if​ true, would explain​ Julia's behavior?
A. Amanda earns more than Julia does.
B. ​Julia's office is located in the heart of the city.
C. During​ weekends, Julia teaches painting at an orphanage close to work.
D. Julia saves more in rent than she spends on commuting to work.
E. The city has one of the highest crime rates in the country.
Business
1 answer:
PolarNik [594]4 years ago
8 0

Answer:

D. Julia saves more in rent than she spends on commuting to work

Explanation:

As we are rational agents, we need to optimize our resources in this exercise are money and time, in the statement Julia walks to her job but does not say anything about she dislikes commuting, but Amanda dislikes that, nevertheless when she decide move to the suburb further away must be a logical decision it means that she is going to save more in rent than she spends on commuting, it's a decision that is not influence for the Amanda behaviour and the options B and C don't have sense and there are lack of information to assume that, for this the answer is D it's a stuation when she wins

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In the field of economics, the additional cost associated with one more unit of something is called a(n)?
antoniya [11.8K]

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.

Read more about marginal cost.

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3 0
2 years ago
A merchant has coffee worth $30 a pound that she wishes to mix with 80 pounds of coffee worth $90 a pound to get a mixture that
Naddika [18.5K]

Answer:

You need 40 pounds of the $30 coffee.

Explanation:

You need to calculate a weighted average for the $30/pound coffee and $90/pound coffee and equalize it to $70:

\frac{x*30 + 80 pounds * 90}{x+80} = 70

30x + 7200 = 70(x +80) = 70x + 5600

40x = 1600

x = 40

3 0
3 years ago
Your opportunity cost of taking this course is: a. the net benefit of taking this course. b. the net benefit of the activity you
umka21 [38]

Answer:

Correct option is B.

The net benefit of the activity you would have chosen if you had not taken the course

Explanation:

Your opportunity cost of taking this course is <u>the net benefit of the activity you would have chosen if you had not taken the course </u>

Opportunity cost is what you must sacrifice when you choose an activity. By taking this course, you are sacrificing the benefit you could have obtained from the activity you would have chosen if you had not taken the course.

5 0
4 years ago
On June 1, Skysong, Inc. issues 2,700 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of
faust18 [17]

Answer:

June 1

DR Cash <u>$16,200</u>

CR Common Stock <u>$16,200</u>

<em>(To record issuance of Common Stock)</em>

<u>Workings</u>

Cash

= 2,700 shares * $6 price

= $16,200

8 0
3 years ago
Kiley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is an opera
Nataly [62]

Answer:

The answers are:

A) non cash investing and financing activity

B) financing activity

C) non cash investing and financing activity

D) financing activity

E) investing activity

F) operating activity

G) operating activity

Explanation:

  • operating activity: relative to the functions of a business directly related to producing and selling goods or services
  • investing activity: refers to buying and selling long-term assets and other investments
  • financing activity: refer to transactions with creditors or investors used to fund company operations
  • non cash investing and financing activity: refer to investing and financing activities that do not directly affect cash
5 0
3 years ago
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