All categories

1 year ago

QUESTION 1

Business

1 answer:

babunello [35]1 year ago

5 0

1.) A
2.) True
3.) False
4.) C
5.) C
6.) True
7.) True
8.) C
9.) True
10.) True

You might be interested in

Nathan has $300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his

forsale [732]

The answer would be account D

5 0

2 years ago

Read 2 more answers

Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen

stealth61 [152]

Answer:

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

Explanation:

Optimal numbers of donuts and coffee can be calculated as follow

First, we need to determine the budget constraint as below

M = ( P(D) x D ) + ( P(C) x C )

Placig values in the formula

10 = D + 2C

Now make utility function as:

U(D,C) = D0.5 C0.5

Marginal Utility donuts

MU(D) = 0.5D-0.5C0.5

Marginal Utility Coffee

MU(C) = 0.5D0.5C-0.5

The formula for marginal rate of substitution

(MRSD,C)= MU(D) / MU(C) = 0.5D - 0.5C0.5 / 0.5D0.5C - 0.5 = C/D

Now calculate the optimal consumption level

MRSD,C = P(D) / P(C)

C/D = 1/2

D = 2C (Equation 1 )

Placing the value of D resulted from equation 1, in the budget constraint we as below

10 = D + 2C

10 = 2C + 2C

10 = 4C

C = 10/4 = 2.5

NOw place the value of C in equation 1

D = 2C = 2(2.5) = 5

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

7 0

1 year ago

Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th

andre [41]

Answer:

The degree to which the portfolio variance is reduced depends on the degree of correlation between securities is the correct answer.

Explanation:

3 0

1 year ago

The marine corps, while also steeped in tradition and focused on the individual marine, prides itself on its quick responsivenes

Murljashka [212]

The Marine Corps refer to the United States Marines Corps, a branch of the U.S. Army who is responsible for conducting expedition and amphibious operations with multiple branches of the military, which includes the Navy, Army, and the Air Force.

The answer to the question is size and capacity vs. speed and flexibility.

7 0

1 year ago

Read 2 more answers

Journalize the following labor-related transactions for Portland Creations at its plant in Portland, Oregon. Assume that the lab

dybincka [34]

Answer: Debit overhead expenses $78,530 Credit wages payable $78,530

Explanation: The $78,530 was arrived at by adding all the wages amount ($620 + $910 + $77 000). Recognizing the journals as compound entries means the total amount of the wages would be used instead of simply recognizing the debits and credits for each wage amount.

Since the wages have been incurred but not paid, a payable has to be recognized. When payment is eventually to be made, it would be from the payable account by way of debiting the payable account and crediting cash.

4 0

2 years ago