Suppose that the price of music downloads from Orinoco is $1.00 per track, but you have to listen to some advertising, while the price of downloads from Lime is $1.20, with no advertising. Suppose that your indifference curves indicating the tradeoff between Orinoco and Lime downloads are convex (declining MRS). At your current level of consumption, your marginal utility of Orinoco downloads is 10 and of Lime downloads is 20. Assuming your budget is fixed for downloads, are you consuming your optimal bundle? If not, how should you change, relatively more Orinoco downloads, or Lime downloads? Explain/show your reasoning.

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Which feature is a characteristic of a corporation?

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.