subject
Business, 13.02.2020 23:32 Kzamor

Chuck’s utility function on the number of cookies he eats, denoted by c, and the number of glasses of milk he drinks, denoted by m, is given by: U(c, m)=min{c,3m}. What is the point that is most to the south-west in Chuck’s indifference curve that passes through (2,8)?a. (2,2/3).b. (8,8).c. (5,5).d. (2,2).e. (2/3,8).

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 14:30
crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?
Answers: 2
question
Business, 22.06.2019 16:30
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
question
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
question
Business, 22.06.2019 19:00
When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.
Answers: 2
You know the right answer?
Chuck’s utility function on the number of cookies he eats, denoted by c, and the number of glasses o...
Questions
question
Mathematics, 18.08.2019 15:50
question
Mathematics, 18.08.2019 15:50
question
Mathematics, 18.08.2019 15:50
question
Mathematics, 18.08.2019 15:50
question
Mathematics, 18.08.2019 15:50
question
Mathematics, 18.08.2019 15:50
question
Mathematics, 18.08.2019 15:50
Questions on the website: 13722360