For each of the following situations, decide whether the bundle lakshani is considering optimal or not. if it is not optimal, how could lakshani improve her overall level of utility? that is, determine which good she should spend more on and which good should she spend less on. a. lakshani has $200 to spend on sneakers and sweaters. sneakers cost $50 per pair, and sweaters cost $20 each. she is thinking about buying 2 pairs of sneakers and 5 sweaters. she tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater. b. lakshani has $5 to spend on pens and pencils. each pen costs $0.50 and each pencil costs $0.10. she is thinking about buying 6 pens and 20 pencils. the last pen would add five times as much to her total utility as the last pencil. c. lakshani has $50 per season to spend on tickets to football games and tickets to soccer games. each football ticket costs $10 and each soccer ticket costs $5. she is thinking about buying 3 football tickets and 2 soccer tickets. her marginal utility from the third football ticket is twice as much as her marginal utility from the second soccer ticket.

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?

What is the relationship among market segmentation, target markts, and consumer profiles?

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve