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vazorg [7]
2 years ago
6

When offered a choice between two sodas and 11 pizza slices or 14 sodas and three pizza slices, Nami replies that she would be e

qually happy with either choice. Now suppose Nami is given two sodas and 11 pizza slices, and is given the opportunity to trade them for one of three alternative portions, as follows: A. Nine sodas and five pizza slices: Nami would make the trade. B. Three sodas and seven pizza slices: Nami would decline the trade. C. Five sodas and six pizza slices: Nami could go either way (i.e., she is indifferent). The information you've been given is enough to draw an indifference curve describing Nami's preferences when it comes to soda and pizza. Plot the curve, as follows: first use the point tool to place three points, and then connect them using the curved-line tool. To refer to the graphing tutorial for this question type, please click

Business
1 answer:
dimaraw [331]2 years ago
5 0

Answer:

Nami's indifferent in 3 points that lie on the different curve, the three poits

that are mentions are -

1. Point C - 5 soda and 6 pizza slices

2. Pont E - 2 soda and 11 pizza slices

3. Point F - 14 soda and 3 pizza slices.

Do check the graph,

In which x-axis is for pizza slices and Y-axis is for soda counts. The all three points are represented as E -( 2, 11), C - (5, 6), and F - ( 14, 3).

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Roles of three employees in the Agriculture, Food, and Natural Resources cluster are given in this chart. Which best describes t
dsp73

What are the options?

5 0
2 years ago
Read 2 more answers
Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
oksian1 [2.3K]

Answer:

A.Start a moderate portfolio and shift to high risk later in life.

Explanation:

Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.

In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.

7 0
1 year ago
A University is offering a charitable gift program. A former student who is now 50 years old is consider the following offer: Th
xenn [34]

Answer:

The value of this deferred annuity today on his 50th birthday is <u>$2,621.27</u>.

Explanation:

Since the student's desired return of 6% will also start to be paid starting on his 65th birthday, the value of this deferred annuity today on his 50th birthday can be calculated by first calculating the value of the investment on the 65th birthday.

We therefore proceed with the following two steps:

Step 1: Calculation of the value of the investment on the 65th birthday

The value of the investment on the 65th birthday can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV at 65 = Present value of the annuity at 65th birthday =?

P = Annuity payment = Invested amount * Student's desired return = $8,900 * 6% = $534

r = Student's desired return rate = 6%, or 0.06

n = number of more years anticipate to live after 65th birthday = 21

Substitute the values into equation (1) to have:

PV at 65 = $534 * ((1 - (1 / (1 + 0.06))^21) / 0.06)

PV at 65 = $534 * 11.764076621288

PV at 65 = $6,282.02

Therefore, the value of the investment on the 65th birthday is $6,282.02.

Step 2: Calculation of the value of this deferred annuity today on his 50th birthday

The value of this deferred annuity today on his 50th birthday can therefore be calculated using the simple present value for as follows:

PV at 50 = PV at 65 / (1 + r)^N …………………………….. (2)

Where;

PV at 50 = the value of this deferred annuity today on his 50th birthday = ?

PV at 65 = Present value of the annuity at 65th birthday = $6,282.02

r = Student's desired return rate = 6%, or 0.06

N = number of years from 50th birthday to 65th birthday = 65 - 50 = 15

Substitute the values into equation (2) to have:

PV at 50 = $6,282.02 / (1 + 0.06)^15

PV at 50 = $6,282.02 / 2.39655819309969

PV at 50 = $2,621.27

Therefore, the value of this deferred annuity today on his 50th birthday is <u>$2,621.27</u>.

5 0
1 year ago
Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight costs, $1,100; inst
saul85 [17]

Answer:

Acquisition cost of the Equipment = $94,000

Double declining depreciation rate = 25%

Explanation:

a. The computation of the acquisition cost of the equipment is shown below:-

Acquisition cost of the Equipment = Invoice cost + Freight costs + Installation wiring and foundation + Material and labor costs used in testing

= $90,000 + $1,100 + $2,200 + $700

= $94,000

b. The computation of double declining depreciation rate is  here below:-

Double declining depreciation rate = 1 ÷ Depreciation life × Times

= 1 ÷ 8 × 2

= 0.125 × 2

= 0.25

or

= 25%

8 0
1 year ago
The following information is taken from French Corporation's financial statements:
defon

Answer and Explanation:

The preparation of the cash flows statement is presented below:

Cash flow from operating activities

Net income                                                                    $78,300

Adjustments in net income

Add: Amortization of patents                     $5,000

Add: Depreciation expense                       $19,000

Less: Increase in prepaid expense           ($700)

($7,500 - $6,800)

Less: Increase in accounts receivable    ($20,600)

($102,000 - $80,000) - ($4,500 - $3,100)

Decrease in Inventory                                $15,000

($160,000 - $175,000)

Increase in accounts payable                     $6,000

($90,000 - $84,000)

Decrease in accrued liabilities                    ($9,000)       $14,700

($54,000 - $63,000)

Cash flow from operating activities                               $93,000

Cash flow from Investing activities

Sales of patents                                            10,000  

($20,000 - $35,000) - $5,000)

Land purchased                                           ($40,000 )

($100,000 - $60,000)

Building purchased                                      ($50,000)

($294,000 - $244,000)

Cash flow from Investing activities                                ($80,000)

Cash flow from Financing activities

Bonds purchased                                         $65,000

($125,000 - $60,000)

Common stock    

Additional paid in capital

Dividend paid                                                 ($35,000)

Treasury stock                                                ($7,000)

($15,000 - $8,000)

Net Cash flow from Financing activities                       $23,000

Net Cash flow                                                                    $36,000

($93,000 - $80,000 + $23,000)

Add Beginning cash and cash equivalent                        $27,000

Ending cash and cash equivalent                                   $63,000

($36,000 + $27,000)

Therefore, we represent the negative value is cash outflow while the positive value is cash inflow.

5 0
2 years ago
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