Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Praxilla, who lived in ancient Greece, derives utility from reading poems and from eating cucumbers. Praxilla gets 30 units of marginal utility from her first poem, 27 units of marginal utility from her second poem, 24 units of marginal utility from her third poem, and so on, with marginal utility declining by three units for each additional poem. Praxilla gets six units of marginal utility for each of her first three cucumbers consumed, five units of marginal utility for each of her next three cucumbers consumed, four units of marginal utility for each of the following three cucumbers consumed, and so on, with marginal utility declining by one for every three cucumbers consumed. A poem costs three bronze coins but a cucumber costs only one bronze coin. Praxilla has 18 bronze coins. Sketch Praxilla's budget set between poems and cucumbers, placing poems on the vertical axis and cucumbers on the horizontal axis. Start off with the choice of zero poems and 18 cucumbers, and calculate the changes in marginal utility of moving along the budget line to the next choice of one poem and 15 cucumbers. Using this step-bystep process based on marginal utility, create a table and identify Praxilla's utility-maximizing choice. Compare the marginal utility of the two goods and the relative prices at the optimal choice to see if the expected relationship holds.
1 generally accepted accounting principles gaap require the use of fair value accounting for all assets and
bluemark health care inc. is owned and operated by dr. george hancock the sole stockholder.bluemarks final december 31
selected accounts with some debits and credits omitted are presented as follows work in process aug. 1 balance 275000
exacto company reported the following net income and dividends for the years indicated year net income dividends 20x5
Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2010.
boswell plumbing products produces a variety of valves connectors and fixtures used in commercial and residential
vincent pays 20000 for equipment to use in his trade or business. he pays sales tax of 800 as a result of the purchase.
If you were a member of the School District board, what factors would you consider in evaluating the two bids?
For each of the following independent events, identify the account that would be debited and the account that would be credited. The accounts for the first event are identified as an example.
Identify and briefly describe the three classifications of net assets on the financial statements of NFPO.
prepare a three 3 year forecast of estimated future cash flows for you company and give valid economicbusiness reasons
A firm's net income is $330,000 on sales of $31.5 million. Average assets for the period were $7 million. For the year, what was the firm's:margin,turnover,and ROI?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd