subject
Business, 14.01.2020 22:31 lodridge

Bob consumes food and housing. suppose his marginal utility from an additional unit of food is 20 and his marginal utility from an additional unit of housing is 100. furthermore, suppose the price of a unit of food is $1.00 and the price of a unit of housing is $2.00. can bob increase his utility without changing his total expenditures on food and housing? holding expenditures constant,

a. bob can increase utility by spending more on food and the same amount on housing.
b. bob cannot increase his utility
c. bob can increase utility by spending more on food and less on housing.
d. bob can increase utility by spending more on food and more on housing.
e. bob can increase utility by spending less on food and more on housing.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 22:00
Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.
Answers: 1
question
Business, 22.06.2019 23:40
8. problems and applications q8there are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to payyvette: $35cho: $15sean: $45bob: $25firms' costsfirm a: $40firm b: $20firm c: $10firm d: $30each firm has the capacity to produce only one haircut.for should be given.which businesses should cut hair? check all that apply.firm afirm bfirm cfirm dwhich consumers should have their hair cut? check all that apply.bobchoseanyvettethe maximum possible total surplus is
Answers: 3
question
Business, 23.06.2019 01:00
Ido not understand this project overview agricultural commodities are bought and sold through the stock exchange. the price of commodities changes all the time. investors buy many agricultural commodities before they are ready for shipping. when an investor buys an agricultural commodity that is going to be ready in the future, they call this purchasing futures. this might be a future crop, meat that has not yet been processed, or another type of agricultural commodity. for this project, you will have to decide how to spend $10,000. research the new york stock exchange. find one or more agricultural commodities that you are interested in. remember, it may be listed as a future crop. instructions identify the agricultural commodities that you think have the best chance of going up in price. think about what is going on with supply and demand. decide how you will spend your money. you may purchase only agricultural commodities. check the market every day for a week. record the price of your commodity or commodities each day. you may buy or sell your commodities at any time during the week. you may sell your commodities and buy different ones. feel free to experiment with the $10,000 by buying and selling commodities, but make sure to keep a careful record of your activities. at the end of the week, you will write a report on your investments. this report should be structured to include this information: page 1: explain how the stock market works. page 2: list all commodities purchased. describe each in detail. discuss why you selected these commodities. remember, they must be agricultural. page 3: create a chart or graph to illustrate the price of your commodity or commodities over the week’s time. list all of your activity buying and selling. make sure you include prices and details. page 4: write a summary of your experience. describe what you might do differently if you were using actual money. propose potential reasons why the price of each commodity may go up or down.
Answers: 1
question
Business, 23.06.2019 05:30
What type of stock does a large company issue?
Answers: 3
You know the right answer?
Bob consumes food and housing. suppose his marginal utility from an additional unit of food is 20 an...
Questions
question
History, 08.01.2021 01:00
question
Physics, 08.01.2021 01:00
question
English, 08.01.2021 01:00
question
Mathematics, 08.01.2021 01:00
question
English, 08.01.2021 01:00
question
English, 08.01.2021 01:00
Questions on the website: 13722363