subject
Business, 19.03.2021 18:20 kadrian12

Kyoko lives in Detroit and loves to eat desserts. She spends her entire weekly allowance on pudding and pie. A bowl of pudding is priced at $1.00, and a piece of pecan pie is priced at $4.00. At her current consumption point, Kyoko's marginal rate of substitution (MRS) of pudding for pie is 5. This means that Kyoko is willing to trade five bowls of pudding per week for one piece of pie per week. Does Caroline's current bundle maximize her utility-in other words, make her as well off as possible? If not, how should she change it to maximize her utility?
A. Caroline could increase her utility by buying more jello and less pie per week.
B. Caroline's current bundle maximizes her utility, and she should keep it unchanged.
C. Caroline could increase her utility by buying less jello and more pie per week.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 10:00
Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.
Answers: 1
question
Business, 22.06.2019 11:30
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
Answers: 1
question
Business, 22.06.2019 15:00
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
You know the right answer?
Kyoko lives in Detroit and loves to eat desserts. She spends her entire weekly allowance on pudding...
Questions
Questions on the website: 13722363