subject
Business, 01.10.2019 20:30 fgcherubin

Uppose that $100 has just been given to the smith family. mr. and mrs. smith have only one child whose name is ima brat smith. suppose that money is the only thing that matters to the smiths and that the utility each member receives from money, y, is as listed below: mr. smith: ud(yd ) = 5yd and mrs. smith: um(ym ) = 2ym and ima brat: uk(yk ) = 1yk note: d is for dad, m is for mom, and k is for kid. therefore, yd + ym + yk = $100. a) what division of the $100 results if the family maximizes a utilitarian swf? b) what division of the $100 results if the family uses an utility-egalitarian swf? which method is more fair? why or why not?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:30
(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees
Answers: 2
question
Business, 22.06.2019 12:30
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
question
Business, 23.06.2019 00:50
Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above
Answers: 1
question
Business, 23.06.2019 02:50
Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?
Answers: 1
You know the right answer?
Uppose that $100 has just been given to the smith family. mr. and mrs. smith have only one child who...
Questions
question
Mathematics, 27.07.2019 16:00
question
Advanced Placement (AP), 27.07.2019 16:00
Questions on the website: 13722363