subject
Business, 30.10.2019 03:31 wolfiewolffromsketch

For each of the following situations, decide whether the bundle lakshani is considering optimal or not. if it is not optimal, how could lakshani improve her overall level of utility? that is, determine which good she should spend more on and which good should she spend less on. a. lakshani has $200 to spend on sneakers and sweaters. sneakers cost $50 per pair, and sweaters cost $20 each. she is thinking about buying 2 pairs of sneakers and 5 sweaters. she tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater. b. lakshani has $5 to spend on pens and pencils. each pen costs $0.50 and each pencil costs $0.10. she is thinking about buying 6 pens and 20 pencils. the last pen would add five times as much to her total utility as the last pencil. c. lakshani has $50 per season to spend on tickets to football games and tickets to soccer games. each football ticket costs $10 and each soccer ticket costs $5. she is thinking about buying 3 football tickets and 2 soccer tickets. her marginal utility from the third football ticket is twice as much as her marginal utility from the second soccer ticket.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission
Answers: 1
question
Business, 22.06.2019 02:00
Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:
Answers: 2
question
Business, 22.06.2019 20:00
A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?
Answers: 2
question
Business, 22.06.2019 20:30
Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.
Answers: 3
You know the right answer?
For each of the following situations, decide whether the bundle lakshani is considering optimal or n...
Questions
Questions on the website: 13722361