subject
Business, 01.11.2019 02:31 hotsaucerman567

Becky lives in miami and loves to eat desserts. she spends her entire weekly allowance on jello and pie. a bowl of jello is priced at $1.50, and a piece of pecan pie is priced at $4.50. at her current consumption point, becky's marginal rate of substitution (mrs) of jello for pie is 5. this means that becky is willing to trade five bowls of jello per week for one piece of pie per week. does lucia'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? lucia's current bundle maximizes her utility, and she should keep it unchanged. lucia could increase her utility by buying more yogurt and less pie per week. lucia could increase her utility by buying less yogurt and more pie per week.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:50
Identify which of the twelve basic functions listed below fit the description given.
Answers: 1
question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 12:50
You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?
Answers: 1
question
Business, 22.06.2019 20:20
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
You know the right answer?
Becky lives in miami and loves to eat desserts. she spends her entire weekly allowance on jello and...
Questions
question
Mathematics, 01.06.2021 21:10
question
Mathematics, 01.06.2021 21:10
question
History, 01.06.2021 21:10
question
Mathematics, 01.06.2021 21:10
Questions on the website: 13722363