subject
Business, 04.10.2019 18:10 genyjoannerubiera

At his current consumption levels, joe’s marginal rate of substitution of pizza slices for cans of coke (up/uc) is given by 2. the price of a slice of pizza is equal to $2, whereas the price of a can of coke is $1.50. suppose joe is currently spending all his income on pizza and coke and consuming positive amounts of both goods. would joe be better off by increasing his consumption of pizza at the expense of coke; or increase the consumption of coke at the expense of pizza; or is his current consumption bundle optimal? (you can ignore integer constraints in your answer, that is, assume that joe can consume fractions of slices of pizza and fractions of cans of coke.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:00
Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)
Answers: 1
question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
question
Business, 22.06.2019 08:30
Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk
Answers: 3
question
Business, 22.06.2019 22:50
For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?
Answers: 1
You know the right answer?
At his current consumption levels, joe’s marginal rate of substitution of pizza slices for cans of c...
Questions
question
English, 03.02.2021 01:00
question
Mathematics, 03.02.2021 01:00
question
Mathematics, 03.02.2021 01:00
question
Mathematics, 03.02.2021 01:00
question
Mathematics, 03.02.2021 01:00
question
Health, 03.02.2021 01:00
question
Physics, 03.02.2021 01:00
Questions on the website: 13722363