Joseph has a budget of $11 to spend at the food court in the mall. His two favorite items are tacos (Product X) which cost $5 and cinnamon buns (Product Y) which cost $2. In the schedule below you can see the marginal utility for each of his favorite foods. What combination would maximize Joseph's utility and meal?
Product X Product Y Quantity MUX Quantity MUY 32 24 24 16 5 8
a. 1 Taco and 2 cinnamon buns
b. 1 Taco and 3 cinnamon buns
c. 2 Tacos and 1 cinnamon bun
d. 3 Tacos and 1 cinnamon bun
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 00:20, randallmatthew6124
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.
Answers: 1
Business, 22.06.2019 18:30, jdilla98
Order these statements in the correct order to fill in the central idea and key points for a chronological speech. question 22 options: there are several steps that someone must take to become a doctor. finally, you will need to get a medical license, and become board certified in your specialty area. then, you must get admitted into to medical school and earn a medical degree. next, you will need to complete a residency. first you must earn a bachelors degree.
Answers: 2
Business, 22.06.2019 23:50, kaylinreed7
Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours. required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)
Answers: 2
You know the right answer?
Joseph has a budget of $11 to spend at the food court in the mall. His two favorite items are tacos...
Questions in other subjects:
Computers and Technology, 20.11.2020 16:50
Computers and Technology, 20.11.2020 16:50
Chemistry, 20.11.2020 16:50
Chemistry, 20.11.2020 16:50
