the sensitivity range for an objective function coefficient is the range of values over which the profit does not change. true/false

Answers

Answer 1

The statement “the sensitivity range for an objective function coefficient is the range of values over which the profit does not change” is false.

The sensitivity range for an objective function coefficient is the range of values over which the optimal solution and the value of the objective function remain unchanged. In other words, it is the range of values over which the coefficients can change without affecting the optimal solution or the value of the objective function.

However, changing the coefficients can still affect the profit if they are related to the cost or revenue of the decision variables in the optimization problem. So, the sensitivity range for an objective function coefficient does not necessarily imply that the profit will not change.

Learn more about sensitivity range here brainly.com/question/30141514

#SPJ4


Related Questions

refer to the productivity numbers given for the us and canada in the previous 2 questions. assume that both countries specialize and trade. what is the minimum number of bushels that u.s. producers will be willing to accept in trade for a bushel of the product that it chooses to specialize in?

Answers

Each country has the chance to specialize in products where it has a competitive advantage over other countries thanks to trade. Minimum bushels to be traded is 10.

In turn, resource waste is reduced and the production process becomes more effective. As a result, nations are able to produce more than they otherwise might have done without trade. Hence, global output rises as a result of trade.

Because there is currently no global framework for decreasing emissions or promoting sustainability, further globalization is likely to increase greenhouse gas emissions, desertification, and a number of other issues that worsen the climate catastrophe.

Although there are lax laws in place, such as the Paris Accords and the Kyoto Conventions, they are insufficient to counteract unsustainable economic growth.

A person who is a citizen of another nation can obtain US citizenship through the legal process of naturalization after fulfilling the standards set forth by Congress.

To learn more about "US and Canada":

brainly.com/question/25899399

#SPJ4

Correct question:

Assume the U.S. can produce 10 bushels of wheat or 20 bushels of corn, using all of its available resources. Canada can produce 15 bushels of wheat or 25 bushels of corn, using all of its available resources. Assume that both countries specialize and trade. What is the minimum number of bushels that u.s. producers will be willing to accept in trade for a bushel of the product that it chooses to specialize in?

A plantwide overhead rate based on direct labor hours is ______ appropriate.
Multiple choice question.
sometimes
never
always

Answers

Answer: sometimes

Explanation:

in the hecksher-ohlin model, a change from autarky to trade will hurt the owners of group of answer choices labor technology the relatively scarce factor of production the relatively abundant factor of production capital

Answers

Last option is correct. In the hecksher-ohlin model, the shift from subsistence to trade harms the owners of factors of production.

Factors of production are the inputs required to create goods or services, and factors of production include land, labor, entrepreneurship, and capital.

Those who control the factors of production often enjoy the greatest wealth in society. In capitalism, the factors of production are controlled primarily by entrepreneurs and investors. In socialist systems, governments (or communities) often have greater control over the factors of production. A factor of production is an economic term that describes the inputs used in the production of goods or services to achieve economic profit.

It contains all the resources needed to create a product or service. Factors of production are land, labor, capital and entrepreneurship. The level of technological progress influences all factors of production and can explain all efficiencies independent of the four typical factors. Soil as a production factor can mean agriculture and farming to exploit natural resources. 

Know more about factors of production here:

https://brainly.com/question/29870175

#SPJ4

What is an example of accompanies in a sentence?

Answers

She'll go to the supermarket with me. The class's field excursion included ten adults. This movie requires an adult to be in the audience with anyone under the age of 17.

How would you employ companions?

She'll go to the supermarket with me. The class's field excursion included ten adults. This movie requires an adult to be in the audience with anyone under the age of 17. The fish was grilled and served with a lovely sauce.

An example of "accompanies" used in a sentence is: "A fever often accompanies the flu." In this sentence, "accompanies" means to occur or appear together with something else, in this case a fever appearing together with the flu.

To know more about accompanies, visit:

brainly.com/question/29979382

#SPJ4

a savor or an investor should expect to receive a risk premium for group of answer choices a) lower consumer prices b) expected lower inflation c) higher interest rates d) reduced credit ratings e) higher uncertainty about getting his/her money back

Answers

A trader or investor should anticipate receiving a risk premium due to increased uncertainty on getting their money back.

What is the CAPM risk premium?

Between the anticipated return on a stock market and the danger rate is the marketplace risk premium (MRP). A graphical illustration of the capital asset pricing, the security market line (SML), shows that the slope equals the market risk premium (CAPM). By deducting the return on risk-free capital from the return on investment, the risk premium is determined. The Risk Premium formula aids in estimating the general difference between expected profits on a reasonably hazardous investment and those received on a danger investment. Formula for the Risk Premium: Ra - Rf A risk premium is the excess of an asset's expected investment return over its risk-free rate of returns. Investors receive compensation in the form of a risk premium for an asset.

To know more about Risk premium Visit:

brainly.com/question/18882026

#SPJ4

given employee table has 15 attributes 200 tuples and dependent table has 10 attributes and 180 tuples with referential integrities unchanged. how many attributes and how many tuples will be in the resulting relation after a natural join operation answering this question is performed?

Answers

13 attributes / 36,000 tuples will be in the resulting relation after a natural join operation answering this question is performed.

How many tuples can a relation R instance contain at its most?

When an attribute contains all of the same values as all other relations with the same attribute, the number of tuples will be at its maximum. Explanation: Two relations R and S with tuples of 3 and 2 are given. Their natural join will therefore only have a maximum of 3 * 2 = 6 tuples.

What do a table's attributes and tuples mean?

An attribute is a name and a domain combination (nowadays more commonly referred to as a type or data type). A tuple is a collection of attribute values in which no two unique items have the same name. An attribute value is an association between an attribute name and an element belonging to that attribute's domain.

To know more about attribute's domain, visit:

brainly.com/question/28483986

#SPJ1

list five types of events that use marketing?

Answers

Events that use marketing to promote and  induce interest. Five types of events that heavily calculate on marketing include product launches, trade shows, charitable events, conferences, and carnivals.

For product launches, marketing is essential to the success of a new product launch, and companies use  colorful marketing channels to promote the product and  produce buzz around its release. Trade shows bear effective marketing to drive business to the cell and  induce leads. Charitable events and conferences use targeted marketing  juggernauts to inspire people to attend and  contribute.

carnivals calculate on marketing to promote attendance and participation, with influencer marketing and social media used to  make excitement leading up to the event.

To learn more about Marketing:

https://brainly.com/question/28362354

#SPJ4

if a promotion eligibility list is rank ordered, how are the candidates typically ranked? chief, captain, lieutenant a, b, c, etc. promotable 1, 2, 3, etc.

Answers

When a promotion eligibility list is rank ordered, the candidates are typically ranked based on their scores from a promotion examination or assessment from top to bottom such as promotable 1, 2, 3, etc.

Based on the promotion eligibility list where the list is rank ordered, the candidates with the highest scores are placed at the top of the list, followed by those with lower scores in descending order. The ranking is used to determine the order in which candidates will be considered for promotion.

For example, if the list includes ranks such as "promotable 1," "promotable 2," and "promotable 3," the candidate with the highest score will be ranked as "promotable 1," the candidate with the second highest score will be ranked as "promotable 2," and so on.

Learn more about Promotion:

https://brainly.com/question/29802063

#SPJ11

a guest discussed with the front desk clerk his concern over an expensive ring he brought to the hotel. the desk clerk recommended that he put the ring in the safe and advised the guest that, by doing so, the hotel would be liable for the full value of the ring if it disappeared. the guest did as recommended. the ring was stolen from the safe. what, if any, is the liability of the hotel?

Answers

When visitors to hotels suffer injuries or have their personal goods stolen while on the property, the hotels may be held responsible. According to a common law principle known as "innkeeper's duty," hotel owners are accountable for any injuries to and thefts from its patrons.

In the past, travelling was perilous, therefore guests who arrived for a night's stay needed to know that the innkeeper could offer them a safe sanctuary during their layover. A common law insurer of the security of a guest's property was created by the innkeeper since it is crucial to provide protection when travelling. Inns would have become dangerous locations if the common law had not mandated that innkeepers maintain a safe environment.

Learn more about hotels here :

https://brainly.com/question/25813895

#SPJ4

goshen industrial sales has sales of $828,900, total equity of $539,200, a profit margin of 4.6 percent and a debt-equity ratio of 0.55. what is the return on assets?

Answers

The Return on assets = 4.56%

Return on assets is a metric that shows how profitable a company is in relation to its total assets.

Net Profit / Total Assets = Return on Assets

Net Profit = Revenue * Marin Profit

Net Profit = $828900 * 4.6%

Net Profit = $38129.40

Total assets equal total equity plus total debt.

Total assets = 539200 + (539200*0.55)

Total assets =$835760

Hence ,

Return on assets = 38129.40 / 835760

Return on assets =0.0456

Return on assets =4.56%

Management, analysts, and investors can use Return on assets (ROA) to determine whether a company's assets are being used efficiently to generate a profit.

Because they will have the same asset base, it is always best to compare the ROA of companies in the same industry. Return on assets (ROA) takes into account a company's debt, whereas the return on equity does not.

To learn more about Return on assets, please refer:

https://brainly.com/question/14969411

#SPJ4

starting with the last known value of the item being forecast, listing the factors that could affect the forecast, and assessing whether they have a positive or negative impact are steps in which type of forecasting? multiple choice question.

Answers

Starting with the last known value of the item being forecast, listing the factors that could affect the forecast, and assessing whether they have a positive or negative impact are steps in lost- horse forecast.

What is a lost-horse forecast?

In the lost-horse forecast, the forecaster starts with the item's most recent value, makes a list of potential influences, determines whether each one will have a positive or negative impact, and then makes the final forecast. The technique of extending a pattern from historical data into the future is known as trend extrapolation.

What categories of forecasts are there?

Four categories can be used to categorize forecasting. Simulation, time series analysis, causality linkages, and qualitative. Grassroots forecasting, market research, panel agreement, historical comparison, and the Delphi method are some examples of qualitative forecasting methodologies.

know more about forecast - brainly.com/question/28839529

#SPJ4

In general, progressives differed from labor and farm advocates because the progressives:________

Answers

In general, progressives differed from labor and farm advocates because the progressives were mostly middle-class urban reformers.

What are progressives?

Progressives advocate for increased social and economic equality as well as advancement in feminism and homosexual rights. They also support government-run social programs, and they want social movements to have more influence in the US.

What philosophies did Progressives hold?

Progressives were those who supported the notion of human advancement and the virtues of democracy. They believed that society should be built on the idea of human rights and that it is the responsibility of the state to ensure the wellbeing of its citizens.

know more about democracy - brainly.com/question/21256069

#SPJ4

which two of the following are essential characteristics of a global organization?multiple select question.import from more than one countryhave high levels of ethnic diversity among employees in domestic operationsoperate in more than one countrycompete in more than one country

Answers

Competing in more than one country and operating in more than one country are essential characteristics of a global organisation.

In the world of banking and investing, a global firm is one that has a dominant headquarters but has large assets and facilities spread across several nations. The laws of the nation where a global corporation is incorporated regulate it. Across governmental boundaries, a global firm links its personnel, resources, and opportunities. A multinational firm may be more aware of local prospects and more exposed to risks due to its greater investment in its foreign operations. For instance, a company conducting business in Africa might find itself juggling both its business operations and the effects of a local Ebola outbreak. Born-global businesses start exporting their goods or services a few years after their establishment and may export 25% of their total sales.

Learn more about multinational here:
https://brainly.com/question/494475

#SPJ4

calculate the overall cpi for the retired person and for the college student by multiplying the cpi for each of the categories by the relative importance of that category to the individual and then summing each of the categories. the cpi for all items in august 2019 was 158.4.

Answers


The overall consumer price index is 210.46. To calculate the CPI for the retired person and college student:

For the retired person:
CPI for housing = 242.8 x 0.10 = 24.28
CPI for food = 248.0 x 0.15 = 37.20
CPI for transportation = 194.6 x 0.05 = 9.73
CPI for medical care = 460.5 x 0.60 = 276.30
CPI for education = 246.9 x 0 = 0
CPI for recreation = 117.2 x 0.10 = 11.72

Overall CPI for retired person = 24.28 + 37.20 + 9.73 + 276.30 + 0 + 11.72 = 359.53

For the college student:
CPI for housing = 242.8 x 0.05 = 12.14
CPI for food = 248.0 x 0.15 = 37.20
CPI for transportation = 194.6 x 0.20 = 38.92
CPI for medical care = 460.5 x 0 = 0
CPI for education = 246.9 x 0.40 = 98.76
CPI for recreation = 117.2 x 0.20 = 23.44

Overall CPI for college student = 12.14 + 37.20 + 38.92 + 0 + 98.76 + 23.44 = 210.46

Comparing the CPI for the retired person and college student to the overall CPI of 239.4, we can see that the CPI will overstate the increase in the cost of living for the retired person and understate it for the college student.

This is because the CPI is based on a fixed market basket that may not accurately reflect the spending patterns of specific individuals or groups. In this case, the retired person's market basket is heavily weighted towards medical care, which has a higher inflation rate than other categories, while the college student's market basket is heavily weighted towards education, which has a lower inflation rate.

To know more about CPI here

https://brainly.com/question/26682248

#SPJ4

Why has the cost of soda increased by 25% in the last year?

Answers

With current prices, concentrate and packaging are the other two main production costs for soft drinks, with sugar accounting for about 25% of those. From Rs 15 per kg to Rs 32 per kg in the past year, the price of sugar has more than doubled.

Reuters, October 25 - In order to take advantage of repeated price increases that have so far failed to dampen demand, Coca-Cola Co (KO.N) and rival PepsiCo Inc (PEP.O) both raised annual forecasts on Tuesday.

After the soda king also exceeded third-quarter revenue and profit expectations, Coca-Cola stock increased by 2.3%.

Coke and PepsiCo have increased prices this year due to a near-monopoly on the global market for carbonated beverages and expectations that their products.

To know more about price

https://brainly.com/question/26075805

#SPJ4

How does mrs. S. L. Burress try to capture the interest of rockefeller when it comes to making a donation?

Answers

Mrs. S. L. Burress, in her letter to John D. Rockefeller requesting a donation, uses several strategies to capture his interest and persuade him to contribute to her cause.

The letter is a good example of effective persuasion and fundraising techniques. Here are some ways she tries to capture Rockefeller's interest:

Personal appeal: Mrs. Burress starts the letter by introducing herself and her organization and establishes a personal connection with Rockefeller. She mentions that she is a mother and that the cause she represents is dear to her heart. This personal touch helps to humanize the request and make it more compelling.

Flattery: Mrs. Burress compliments Rockefeller and acknowledges his reputation as a philanthropist. She refers to him as a "friend of humanity" and "the world's greatest philanthropist," which helps to stroke his ego and make him feel good about himself.

Demonstrates the need: Mrs. Burress describes the need for the donation and how it will be used to help her cause. She gives specific details about the amount of money needed, the purpose of the donation, and how it will make a difference in the lives of the people she serves. This helps to make the request more tangible and concrete.

In summary, Mrs. S. L. Burress tries to capture Rockefeller's interest by establishing a personal connection, flattering him, demonstrating the need for the donation, building credibility, and creating a sense of urgency. These are all effective fundraising techniques that can be used to persuade donors to contribute to a cause.

To learn more about Rockefeller please click on below link.

https://brainly.com/question/23364316

#SPJ4

the information on the following page was obtained from the records of breanna incorporated: accounts receivable $ 10,600 accumulated depreciation 51,100 cost of goods sold 127,000 income tax expense 8,500 cash 62,000 net sales 190,000 equipment 124,000 selling, general, and administrative expenses 35,000 common stock (8,200 shares) 93,000 accounts payable 14,700 retained earnings, 1/1/22 30,850 interest expense 5,600 merchandise inventory 37,000 long-term debt 37,000 dividends declared and paid during 2022 6,950 except as otherwise indicated, assume that all balance sheet items reflect account balances at december 31, 2022, and that all income statement items reflect activities that occurred during the year ended december 31, 2022. there were no changes in paid-in capital during the year. required: prepare an income statement and statement of changes in stockholders' equity for the year ended december 31, 2022, and a balance sheet at december 31, 2022, for breanna incorporated. based on the financial statements that you have prepared for part a, answer the questions in parts b-e. what is the company's average income tax rate? what interest rate is charged on long-term debt? assume that the year-end balance of long-term debt is representative of the average long-term debt account balance throughout the year. what is the par value per share of common stock? what is the company's dividend policy (i.e., what proportion of the company's earnings is used for dividends)?

Answers

133.33%  is the company's dividend policy (i.e., what proportion of the company's earnings is used for dividends) .

What are the marginal and average tax rates?

The percentage of income that is paid in taxes by an individual is known as their average tax rate (also known as effective tax rate). The rate of taxation applied to a taxpayer's final dollar of income, in contrast, is known as their marginal tax rate.

                          Average tax rates paid by taxpayers are frequently significantly lower than marginal tax rates.

Average income tax rate = income tax/profit before tax and dividend= 32000/128000*100 = 25%

Interest rate = interest/ debt*100

          = 24000/160000*100 = 15%

Par vale per share = value of stock/ total no of shares

       = 360000/36000 = 10 per share

Dividend

= Dividend/ shares outstanding during the year*100

= 48000/36000*100

= 133.33%

Learn more about Average income tax rate

brainly.com/question/10798743

#SPJ1

production costs can increase when

Answers

Production costs can increase when there are changes in the prices of raw materials, labor, and other factors that contribute to the production process.

Production costs are all of the direct and indirect costs involved in the manufacturing of a product or providing a service. Production costs can increase when there are changes in the several factors that contribute to the production process.

These can include:

1. Increases in the prices of raw materials: If the cost of raw materials, such as metals, chemicals, or agricultural products, increases, this can lead to higher production costs.

2. Increases in labor costs: If the cost of labor increases, for example, due to an increase in minimum wage or the cost of employee benefits, this can also lead to higher production costs.

3. Changes in technology: If there are changes in the technology used in the production process, such as the need for new machinery or software, this can also lead to higher production costs.

4. Increases in transportation costs: If the cost of transporting raw materials or finished products increases, this can also lead to higher production costs.

Overall, there are many factors that can contribute to an increase in production costs, and it is important for businesses to be aware of these factors in order to make informed decisions about their production processes.

Learn more about Production costs:

https://brainly.com/question/29886282

#SPJ11

A cost that changes in proportion to changes in volume of activity is a(n):. a) Differential cost. b) Fixed cost. c) Incremental cost. d) Variable cost

Answers

A variable cost is one that fluctuates in direct relation to variations in activity volume. Costs that change according to the volume of production or activity are known as variable costs.

Costs that vary according on the volume of production or activity are known as variable costs. These expenses fluctuate with variations in production levels and are directly related to the quantity of goods or services produced. Raw materials, direct labour, and commission-based sales expenditures are a few examples of variable costs. Variable costs rise or fall in response to variations in the level of output, in contrast to fixed costs, which remain constant regardless of changes in production levels. Because they can significantly affect total profitability, variable costs for firms must be precisely identified and tracked. Companies may make educated judgements about pricing, production levels, and cost management by knowing the relationship between production levels and variable costs.

Learn more about Variable cost here:

https://brainly.com/question/30257125

#SPJ4

is a measurement of standard of living that includes education and
clean running water.
A. Financial wealth
B. Access to necessities
C. Income
D. Material wealth

Answers

B. Access to necessities
B. Access to nessecites

schools, hospitals, colleges and universities, churches, labor unions, fraternal organizations, civic clubs, foundations, and other so-called nonbusiness organizations are the components of which business market segment?

Answers

Schools, hospitals, colleges and universities, churches, labor unions, fraternal organizations, civic clubs, foundations, and other so-called nonbusiness organizations are the components of institution business market segment.

What is Market Segment?

Market segmentation is the categorization of consumers for marketing reasons based on their preferences, purchasing patterns, demands, etc. With the aid of research, segmentation aims to improve marketing and the delivery of goods or services. Customers are grouped by placing them in groups according to common traits.

The business market can be divided into four segments. Producer, governmental, institutional, and reseller markets are among them. Producer markets are businesses that make purchases of goods in order to profit.

Therefore, All nonbusiness organizations are the components of the institution's business market segment.

Learn more about Market Segment, here;

https://brainly.com/question/27993208

#SPJ1

is the energizing force that stimulates behavior to satisfy a need?

Answers

Yes, the energizing force that stimulates behavior to satisfy a need is referred to as "motivation".

What is meant by the term motivation?

Motivation is a psychological concept that refers to the processes that drive and direct behavior toward a particular goal or objective.

In particular, motivation is often seen as the result of an unfulfilled need or desire that creates a state of tension or arousal that drives human or individual behavior toward satisfying that need or desire. Therefore, motivation can be thought of as the energizing force that stimulates behavior to satisfy a need.

To know more about motivation, visit:

brainly.com/question/25492018

#SPJ4

in which practice are customer requirements assessed, targets negotiated, and service performance reviewed?

Answers

Service Level management was the practice where the customer requirements were assessed, targets negotiated, and service performance reviewed.

What is the meaning of Service Level management?

Service Level Management, or SLM, is described as being "responsible for ensuring that all its operational level agreements, service management processes, and supporting contracts are acceptable for the agreed-upon service level targets." SLM conducts routine customer reviews in addition to monitoring and reporting on service standards.

The three stages of service level management are planning, monitoring, and improvement. Organizations determine the services that are essential to clients during the planning phase and set service quality objectives.

Learn more about Service Level management here:

https://brainly.com/question/13187001

#SPJ1

What measures long-run economic growth?

Answers

It is calculated using the percentage rate change in real gross domestic product (GDP). The capacity of an economy to generate more goods and services over time is referred to as long-run growth.

In addition to price and supply and demand, a nation's GDP and population growth are closely related.The percentage change in real Gross Domestic Product (GDP) and the increasing market price of the products and services generated in the economy are two ways to assess a nation's long-term growth. In general, there are two primary factors that contribute to economic growth: an increase in the workforce's size and an increase in that workforce's productivity (output per hour worked). Both can expand the economy's total size, but only robust productivity growth can raise per capita GDP and income.

To learn more about  economy click on the link below:

brainly.com/question/2421251

#SPJ4

given a normal market supply curve for daisies, if the price of daisies increased from $1.00 per dozen to $2.00 per dozen, then there is a/an

Answers

Increase in quantity supplied of daisies. According to the law of supply, as the price of a good increases, the quantity supplied of that good also increases, ceteris paribus.

Therefore, when the price of daisies increases from $1.00 per dozen to $2.00 per dozen, we would expect an increase in the quantity supplied of daisies.

However, the question asks about the market supply curve, which is the horizontal sum of all individual suppliers' supply curves. The slope of the market supply curve depends on the elasticity of supply of the individual suppliers.

If the individual suppliers have relatively elastic supply curves, meaning that they can easily and quickly increase their production of daisies in response to a price increase, then the market supply curve will be relatively flat, and the increase in quantity supplied will be relatively large. On the other hand, if the individual suppliers have relatively inelastic supply curves, meaning that they cannot easily and quickly increase their production of daisies in response to a price increase, then the market supply curve will be relatively steep, and the increase in quantity supplied will be relatively small.

To learn more about ceteris paribus please click on below link.

https://brainly.com/question/3288577

#SPJ4

salesperson carol arrives at the first showing she has scheduled with prospects mark and melinda. when carol pulls in front of the home, melinda decides immediately that she doesn't want to see the inside. what should carol do?

Answers

The best choice is C), which is to call the vendors right away and inform them that you won't be stopping by.

What is a salesperson's job description?

The salesperson is in duty of greeting customers, pointing them in the direction of the goods they require, and recording purchases. If you intend to succeed in sales, you must have excellent communication skills. An effective salesperson meets sales targets while being polite and helpful to customers.

Is working in sales a good job?

Yes, a job in sales is fantastic. Salespeople frequently have a good career inside their firms and the chance to achieve a high pay. The nicest thing about sales is that everyone can work there. All you need is the motivation to improve your sales abilities as well as the desire to be successful.

To know more about Salesperson visit :
https://brainly.com/question/28336031

#SPJ4

The Complete Question :

Salesperson Carol arrives at the first showing she has scheduled with prospects Mark and Melinda. When Carol pulls in front of the home, Melinda decides immediately that she doesn't want to see the inside. What should Carol do?

A. Tell Melinda that the sellers will be very disappointed if they cancel the appointment.

B. Enumerate the home's special features and hope she changes her mind.

C. Call the sellers immediately and let them know you won't be coming by.

D. Emphasize that this home is a great buy and it would be a shame for them to dismiss it without looking first.

if your income is $9 and the prices of x and y are $2 and $1, respectively, what quantities of each will you purchase to maximize utility?

Answers

The quantities of each will you purchase to maximize utility are  1.5 units of X and 6 units of Y

What is marginal utility?

Marginal utility is the additional satisfaction gained from consuming one more unit of a good, while marginal utility per dollar is the additional satisfaction gained per dollar spent on a good.

To determine the quantities of X and Y that will maximize utility, we need to use the concept of marginal utility and marginal utility per dollar.

Let's assume that the marginal utility of the last unit of X consumed is 6, and the marginal utility of the last unit of Y consumed is 8. The prices of X and Y are $2 and $1, respectively.

To determine the optimal quantities of X and Y, we need to calculate the marginal utility per dollar of each good:

Marginal utility per dollar of X = Marginal utility of X / Price of X = 6 / 2 = 3

Marginal utility per dollar of Y = Marginal utility of Y / Price of Y = 8 / 1 = 8

Since the marginal utility per dollar of Y is greater than that of X, we should consume more of Y and less of X.

To maximize utility with an income of $9, we should allocate our spending between X and Y in a way that makes their marginal utility per dollar equal.

If we spend $6 on Y (6 units) and $3 on X (1.5 units), we will have spent our entire income and reached the point where the marginal utility per dollar of both goods is equal:

Marginal utility per dollar of X = 6 / 1.5 = 4

Marginal utility per dollar of Y = 8 / 6 = 4/3

Therefore, the optimal quantities of X and Y to maximize utility with an income of $9 and prices of $2 and $1 are 1.5 units of X and 6 units of Y.

Learn more about utility at:https://brainly.com/question/2551519

#SPJ

Based on the maximization of utility concept and the context of the question, the quantities of x and y that should be purchased to maximize utility are 2 units and 5 units respectively.

What is Maximum Utility?

Maximum Utility is a term that is used to describe utility maximization, whereby individuals and organizations seek to achieve the highest level of satisfaction from their economic decisions.

Generally, the utility function assesses the intensity to which an individual's fulfillment is met

In this case, If the income is $9 and the prices of X and Y are $2 and $1, respectively, then a buyer should purchase 2 units of X and 5 units of Y to maximize utility and satisfy the equation MUx/Px = MUy/Py.

Therefore, the total utility of 45 units will be realized.

Hence, If the price of X falls to $1, then 4 units of X and 5 units of Y will now be purchased.

The demand schedule for X is:

p1 = 2, q1 = 2,

p2 = 1, q2 = 4.

Therefore, in this case, it is concluded that the correct answer is x and y which should be purchased to maximize utility are 2 units and 5 units respectively.

Learn more about Maximum Utility here: https://brainly.com/question/28753566

#SPJ1

Which term applies to common stock?
A. convertible
B. redeemable
C. non-negotiable
D. non-callable

Answers

A common stock is a type of security that represents ownership in a corporation.  The term that applies to common stock is "non-callable," meaning that the issuer of the stock cannot call it back or force the holder to sell it back to the issuer.

When an individual owns a common stock, they own a small portion of a corporation. Common stockholders are considered to be partial owners of a company, and as such, they are entitled to a share of the profits and assets of the company. These profits are typically paid out in the form of dividends, although the company may choose not to pay dividends in any given year.

"Non-callable" means that the issuer of the common stock cannot call it back or force the holder to sell it back to the issuer. This is in contrast to callable bonds, which give the issuer the right to call the bond back at a specified date and price.

In summary, common stock represents ownership in a corporation, and it is non-callable, meaning that the issuer cannot force the holder to sell the stock back to the issuer.

To know more about stock,

visit:https://brainly.com/question/29992015

Common stock is non-callable, meaning it cannot be redeemed by the issuer prior to maturity. It is also non-convertible and non-negotiable. Therefore, the answer is option D.

Whay is common stock?

Common stock is a type of equity security that represents ownership in a corporation. It is the most common type of stock issued by companies and gives shareholders the right to vote on corporate matters, receive dividends, and share in the company's profits.

One of the key characteristics of common stock is that it is non-callable. This means that the company cannot force shareholders to sell their shares back to the company at a predetermined price. This is in contrast to callable preferred stock, which gives the company the right to repurchase shares from shareholders at a specified price and time.

In summary, the term "non-callable" applies to common stock, as it indicates that the company cannot force shareholders to sell their shares back to the company.

Learn more about common stock here: https://brainly.com/question/13762106

#SPJ11

mark just joined a new gym and signed up for a one-year membership. membership fees can be paid in 12 monthly payments of $60, due at the beginning of each month or in one payment today. if the appropriate interest rate is 10%, how much should he pay today for the annual membership?

Answers

Mark should pay $636.96 today for the annual membership, if the appropriate interest rate is 10%.

How do you calculate the cost of the one-time payment?

To calculate the cost of the one-time payment, we need to find the present value of the 12 monthly payments of $60 each.

Using the formula for present value of an annuity, we have:

PV = PMT x [1 - (1 + r/n)^(-nt)] / (r/n)

where:

PMT = the monthly payment amount ($60)

r = the interest rate (10%, or 0.1)

n = the number of times the interest is compounded per year (12, since the payments are monthly)

t = the number of years (1, since the membership is for one year)

Plugging in the values, we get:

PV = 60 x [1 - (1 + 0.1/12)^(-12)] / (0.1/12)

PV = $636.96

Therefore, Mark should pay $636.96 today for the annual membership.

To know more about annuity, visit:

brainly.com/question/29488566

#SPJ4

abc had the following final balances after the first year of operations: assets, $55,000; stockholders' equity, $25,000; dividends, $3,000; net income, $10,000. what is the amount of abc's liabilities? (just type numbers)

Answers

the first year of operations: assets, $55,000; stockholders' equity, $25,000; dividends, $3,000; net income, $10,000. the amount of ABC's liabilities is $30,000.

To find the amount of ABC's liabilities, we can use the accounting equation:

Assets = Liabilities + Stockholders' Equity

We are given that ABC's assets are $55,000 and its stockholders' equity is $25,000. We also know that ABC paid $3,000 in dividends and had net income of $10,000. We can use this information to solve for liabilities:

Assets = Liabilities + Stockholders' Equity

$55,000 = Liabilities + $25,000

Liabilities = $55,000 - $25,000

Liabilities = $30,000

Therefore, the amount of ABC's liabilities is $30,000.

learn more about liabilities here

https://brainly.com/question/18484315

#SPJ4

Other Questions
QuestionTrait that masks the other trait is called _______ trait.ADominantBRecessiveCMutantDMaskMedium g if you dissolve 20 g of dextrose in 500 ml of dh2o, what is the concentration of dextrose in mm? (fw dextrose g knowing the value of p tells one: select one: a. the size of the difference between two groups or means. b. whether there is statistical significance. c. the correlation between two groups or means. d. the t value. BatailleQuestion 10If the market equilibrium is at price = $11/hour, and the government imposes a minimum wage of $14, wewill have a The 5' end of mRNA serves as a binding site for __________, which allow translation to begin.a.The promotor proteinsb.The A site of the large ribosomal subunitc.tRNAd.Initiation factors consider the following bonds. bond coupon rate maturity price per $100 of face value yield to maturity annual rate, compounded semi- annually vermeero enterprises 4% 5 years ???? 6.00% renwaro company 0% 5.5 years 74.1993 ???? a) draw a diagram showing the cash flows for each of the bonds. b) calculate the price of the vermeero bond. c) calculate the yield to maturity for the renwaro bond. d) suppose you purchase the renwaro bond today. you plan to sell this bond one year from now, and you forecast that the yield to maturity of the renwaro (at the sale date) will be 5% annual rate, compounded semiannually. if your forecast is correct, what will the holding period yield for this investment be? the widely-used radioactive isotope of carbon 14c has an atomic number of 6, and a mass number of 14. how many neutrons does 14c have? What is the area of a triangle with base 24cm height 16cm and show the workings A total of 709 tickets were sold for the school play. They were either adult tickets or student tickets. There were 59 more studenttickets sold than adult tickets. How many adult tickets were sold? I student correct sentence robin is twice as old as earl and adam is 8 years younger than earl. in 6 years robin will be three times as old as adam. find their present ages _____ is the learned process of receiving, interpreting, recalling, evaluating, and responding to verbal and nonverbal messages. You started a savings account by depositing $4,200. The savings account earns 2.1% APY, compounded monthly. What was the balance in the account after 2 months?1=Prt While an object is in projectile motion (with upward being positive) with no air resistance. for the last year, a college student continually and unrealistically worries about academic performance and love life performance. the student is irritable and suffers from severe insomnia. this behavior is associated with which diagnosis? using the following accounts and a predetermined overhead rate of 150% of direct labor cost, compute the amount of applied overhead. work in process inventory debit credit beginning 34,300 direct materials 54,500 direct labor ? overhead applied ? cost of goods manufacturing 173,300 ending 24,300 finished goods inventory debit credit beginning 4,300 cost of goods manufacturing 173,300 multiple choice $88,800. $81,750. $108,800. $43,520. $65,280. volume of prism 25cm 40cm someone please help with this writing assignment my teacher saysYour composition for Question 1 must be three to five paragraphs long. It should include an introduction, a body, and a conclusion. Your composition should not be one long paragraph. Find each percent change. Use a calculator and round answer to the nearest tenth as needed. State if it is an increase or decrease. 88 to 20.A.22.7% decreaseB.14.2% decreaseC.77.3% decreaseD.340% decrease in preindustrial america, the destitute and disruptive elements of society were confined in a(n): a) asylum. b) almshouse. c) hospital ward. d) pesthouse.