subject
Business, 18.07.2019 03:30 nique1024

Yvette lives in dallas and loves to eat desserts. she spends her entire weekly allowance on jello and pie. a bowl of jello is priced at $1.25, and a piece of apple pie is priced at $3.75. at her current consumption point, yvette's marginal rate of substitution (mrs) of jello for pie is 3. this means that yvette is willing to trade three bowls of jello per week for one piece of pie per week. does yvette's current bundle maximize her utility—in other words, make her as well off as possible? if not, how should she change it to maximize her utility?
yvette could increase her utility by buying more pudding and less pie per week.
yvette's current bundle maximizes his utility, and she should keep it unchanged.
yvette could increase her utility by buying less pudding and more pie per week.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 14:00
The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:
Answers: 2
question
Business, 22.06.2019 19:00
Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.
Answers: 2
question
Business, 22.06.2019 20:20
An economic theory that calls for workers to take control of factories is .
Answers: 3
question
Business, 22.06.2019 22:00
Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.
Answers: 2
You know the right answer?
Yvette lives in dallas and loves to eat desserts. she spends her entire weekly allowance on jello an...
Questions
question
English, 09.12.2020 21:00
question
Mathematics, 09.12.2020 21:00
question
Biology, 09.12.2020 21:00
question
Mathematics, 09.12.2020 21:00
question
Mathematics, 09.12.2020 21:00
Questions on the website: 13722363