Jennifer has $10 to spend on tomatoes and cheese. the price of a pound of tomatoes is $2 and the price of a pound of cheese is $4. she has found her utility-maximizing bundle at 2 pounds of tomatoes and 1.5 pounds of cheese. suppose jennifer's income falls to $8 and the price of tomatoes falls to $1. the price of cheese remains the same. jennifer is considering a bundle of zero units of tomatoes and 2 units of cheese. what is your advice?

The proliferation of bittorrent and other file sharing media have threatened the copyright system. based on an understanding of incentives and opportunity cost, how are the decisions of musicians likely impacted?

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?