Business, 20.11.2019 02:31 cat8339

Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 2 cds and 8 dvds. if a consumer is able to rank different combinations of goods and services in terms of how much utility they provide, then

a. the consumer will prefer bundle a to bundle

b. b. the consumer will prefer bundle b to bundle a.

c. the consumer will be indifferent between bundle upper a and bundle upper b.

d. both a and b are possible.

e. a, b, and c are possible.

next, suppose a consumer prefers a taco to a chicken sandwich and a chicken sandwich to a slice of pizza. if the consumer's preferences are transitive, then

a. the consumer will prefer a slice of pizza to a taco.

b. the consumer will prefer a taco to a slice of pizza.

c. the consumer will be indifferent between a taco and a slice of pizza.

d. both a and b are possible.

e. a, b, and c are possible.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 02:00

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

Answers: 1

Answer

Business, 22.06.2019 05:40

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Answers: 1

Answer

Business, 22.06.2019 07:20

Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

Answers: 1

Answer

Business, 22.06.2019 08:00

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

Answers: 2

Answer

You know the right answer?

Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 2 cds and 8 dvds. if a consumer is...

Questions