Answer:
The option that maximizes Maggie's taste index is 1 snack bar and 2 ice creams
Explanation:
<u>snack bar</u> <u>ice cream</u>
37 grams 65 grams
120 calories 160 calories
5 grams of fat 10 grams of fat
Maggie wants to consume up to 450 calories and 25 grams of fat, but she needs at least 120 grams of dessert per day. Ice cream taste 95, snack bars 85.
- maximize taste index = [85(37X) + 95(65Y)] / (37X + 65Y)
- 5X + 10Y ≤ 25 ⇒ CONSTRAINT 1
- 120X + 160Y ≤ 450 ⇒ CONSTRAINT 2
- 37X + 65Y ≥ 120 ⇒ CONSTRAINT 3
- X ≥ 0 ⇒ CONSTRAINT 4
- Y ≥ 0 ⇒ CONSTRAINT 5
maximum possible combinations following constraint 1, 4 AND 5:
- option 1: 1 snack bar - 2 ice creams (5 + 20 = 25)
- option 2: 2 snack bars - 1 ice cream (10 + 10 = 20)
- option 3: 3 snack bars - 1 ice cream (15 + 10 = 25)
possible combinations following constraint 2:
- option 1: 1 snack bar - 2 ice creams (120 + 320 = 440)
- option 2: 2 snack bars - 1 ice cream (240 + 160 = 400)
possible combination following constraint 3:
- option 1: 1 snack bar - 2 ice creams (37 + 130 = 167)
- option 2: 2 snack bars - 1 ice cream (74 + 65 = 139)
since we only have two possibilities, we can calculate which one generates the highest taste index
maximize taste index = [85(37X) + 95(65Y)] / (37X + 65Y)
- option 1: 1 snack bar - 2 ice creams = [85(37) + 95(130)] / (37 + 130) = (3,145 + 12,350) / 167 = 92.78
- option 2: 2 snack bars - 1 ice cream = [85(74) + 95(65)] / (74 + 65) = (6,290 + 6,175) / 139 = 89.68
Answer:
Résumé search programs often search for _____.
a.
nouns
b.
verbs
c.
adjectives
d.
participles
Explanation:
the answer is a. noun I took this test
Answer:
Invisible Hand Concept
Explanation:
Based on the information provided within the question it can be said that in this scenario Marco's experience is an example of the Invisible Hand Concept. This concept describes the social benefits of an individual's actions. Such is Marco's experience in since he created the business in order to solve a problem, which he managed to accomplish and by doing so helped older adults with their problem and created job opportunities for various other individuals.
Answer:
a. positive, so Joan considers hamburger to be an inferior good.
Explanation:
Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P
The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.
▲ Q = (60 -50/60) = 0,16
▲ Q = (40.000 - 30.000/40.000) = 0,25
Elasticity = ▲ Q / ▲ P = 0,16/0,25 = 0,64
Therefore, the elasticity is positive.
This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.
Answer:
Defining current and deferred tax first;
Current Tax - Current tax is the amount of Income Tax determined to be payable in respect of taxable income for a period.
Deferred Tax - Deferred tax is the tax effect of the timing difference. The difference between the tax expenses (which is calculated on an accrual basis) and current tax liability to be paid for a particular period as per Federal Income Tax Law is called deferred tax (asset/liability). That is why Tax Expenses + Current Tax + Deferred Tax
on the basis of the above explanations the question has been solved below:-
Particulars Amount
Current Year Income as per financial accounting $ 48,000
Current Year Taxable Income as Income Tax Laws $ 38,000
Current Year Tax Payable on Income Taxable under Federal Income Tax Laws $ 5,600
Current Year Tax Payable on Income as per financial accounting $ 7,600
Deferred Tax Asset to be recorded in Books of Accounts $ 2,000
Tax Rate to be used to record Deferred Tax Asset in Books = 20%