Assume that jim is a rational consumer who consumes only two goods, apples (a) and nuts (n). assume that his marginal rate of substitution of apples for nuts is given by the following formula.

mrs=mun/mua=a/n

that is, jim's mrs is equal to the ratio of the number of apples consumed to the number of nuts consumed.

assume that jim's income is $100, the price of nuts is $5, and the price of apples is $10. what quantities if apples and nuts will he consume?

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.