An optimizing consumer currently spends money on many goods. The last ticket to a baseball game she bought cost $15 and gave her 10 utils of satisfaction. If this same consumer spends $10 on a movie ticket and is still optimizing utility, how many utils will she receive from the purchase

Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.