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fiasKO [112]
2 years ago
10

Joanna is deciding between consuming Good X and Good Y. At her current level of consumption, her marginal utility per dollar for

Good X is greater than the marginal utility per dollar for Good Y. To achieve the consumer optimum, Joanna needs to a. consume more of Good Y until the marginal utility per dollar for Good Y is greater than the marginal utility for Good X. b. consume more of Good X until the marginal utility per dollar for Good Y is greater than the marginal utility for Good X. c. consume more of both Good X and Good Y until the marginal utility per dollar for Good Y is greater than the marginal utility for Good X. d. consume more of Good X or less of Good Y until the marginal utility per dollar for Good X and Good Y is equal. e. continue at her current level of consumption.
Business
1 answer:
ikadub [295]2 years ago
3 0

Answer:

D) consume more of Good X or less of Good Y until the marginal utility per dollar for Good X and Good Y is equal.

Explanation:

Since Joanna's marginal utility per dollar is higher for good X than per good Y, then she must consume a combination of both goods until their marginal utility per dollar is equal.

Since marginal utility is diminishing, if she reduces her consumption of good Y, maybe it will increase and match X's. Or she can choose to consume more X until its marginal utility diminishes and matches Y's.

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Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10
Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

  1. severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
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  3. central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.
3 0
1 year ago
According to the international codes of conduct, mnes should ________.
Lunna [17]
The answer is option "<span>d. conduct research and development activities in developing countries".
</span>

MNE stands for a multinational enterprise, which refers to an organization that has a globally deal with business sectors, creation as well as tasks in a few nations. Famous MNEs incorporate fast-food organizations or companies are McDonald's (MCD), (YUM), Starbucks Coffee Company (SBUX), Microsoft (MSFT), and so on. Other mechanical MNEs  incorporate vehicle producers, for example, Ford Motor Company, and General Motors (GMC). 
6 0
2 years ago
Theo wants to have $40,000 for a down payment on a house five years from now. He can either deposit one lump sum today or he can
juin [17]

Answer:

$1932.37

Explanation:

To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:

Difference = Value after 1 year - Present value

We first convert the interest rate percentage by dividing interest rate value by 100

Present Value = $40 000 / (1 + 0.035)5 = $7729.47

Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81

Difference = $9661.81 - $7729.47 = $1932.37

4 0
1 year ago
John is an entrepreneur who plans to enter a franchise contract with a hotel business. which of these is an advantage that John
umka2103 [35]

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

Explanation:

Franchise is basically a contract between two parties in which one of the party who is owning the business is ready to sell his business rights to use its name and products to the other party. The other party can open the same business with the same name and products or services and run that business. In this type of contract, a continuous help and support is given to the franchisee to run the business. So if John being an entrepreneur wants to enter into the franchise contract, then he will surly be able to gain knowledge and support from the hotel business to run the franchise.

3 0
2 years ago
Read 2 more answers
If a store manager only hires shift supervisors who have a four-year college degree, even though experienced cashiers without a
Alona [7]
Bias may be occurring.  Bias is basically thinking someone is better than another person due to one factor, without even knowing the person.  In this instance, the store manager is only hiring shift supervisors who have a degree, rather than an experienced cashier without a degree.  The bias here is dependent on the employee's educational history.  The manager may think that even though the cashiers are great, they still may not have the qualifications that one would pick up in college. 
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1 year ago
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