Draw indifference curves that represent the following individuals’ preferences for hamburgers and soft drinks. indicate the direction in which the individuals’ satisfaction (or utility) is increasing.
a. joe has convex indifference curves and dislikes both hamburgers and soft drinks.
b. jane loves hamburgers and dislikes soft drinks. if she is served a soft drink, she will pour it down the drain rather than drink it.
c. bob loves hamburgers and dislikes soft drinks. if he is served a soft drink, he will drink it to be polite.
d. molly loves hamburgers and soft drinks, but insists on consuming exactly one soft drink for every two hamburgers that she eats.
e. bill likes hamburgers, but neither likes nor dislikes soft drinks.
f. mary always gets twice as much satisfaction from an extra hamburger as she does from an extra soft drink.

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)?

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.