Business, 18.09.2019 05:30 tinamarie04ts
Suppose that the price of a pizza is $10 and the price of a video game is $30. currently, aaron is consuming such that the ratio of his marginal utility of pizza to marginal utility of video games is 1/4. if he wants to maximize his utility, what should he do? a. buy more pizzas and fewer video gamesb. buy more pizzas and more video gamesc. buy fewer pizzas and video gamesd. buy fewer pizzas and more video games
Answers: 1
Business, 22.06.2019 18:30
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
Business, 22.06.2019 18:50
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
Business, 22.06.2019 18:50
Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?
Answers: 3
Suppose that the price of a pizza is $10 and the price of a video game is $30. currently, aaron is c...
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