subject
Business, 17.03.2020 03:29 kaliyab191

Assume that product Alpha and product Beta are both priced at $1 per unit and that Ellie has $20 to spend on Alpha and Beta. She buys 8 units of Alpha and 12 units of Beta. The marginal utility of Alpha is 40 and the marginal utility of Beta is 20. This indicates that:
a) Ellie should make no change in consumption
b) Given another dollar, Ellie should buy an additional unit of Beta
c) In order to maximize utility, Ellie should buy more of Beta and less of Alpha
d) In order to maximize utility, Ellie should buy more of Alpha and less of Beta

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 23:30, nourmaali
As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to
Answers: 2
image
Business, 22.06.2019 11:20, angeline2004
Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.
Answers: 3
image
Business, 22.06.2019 13:30, OnWheels
After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?
Answers: 2
image
Business, 22.06.2019 23:30, xaguilar
Each state’s organizational structure is guided by the federal government. true or false?
Answers: 1
You know the right answer?
Assume that product Alpha and product Beta are both priced at $1 per unit and that Ellie has $20 to...

Questions in other subjects:

Konu
Mathematics, 04.02.2021 18:00
Konu
Mathematics, 04.02.2021 18:00
Konu
Mathematics, 04.02.2021 18:00