subject
Business, 15.02.2021 21:10 izzythe5th

You have an income of $100 to spend on two commodities. The price of commodity 2 is constant at $1. (1) The price of commodity 1 is $2 for the first 20 units, but $1 for each additional unit exceeding 20. Draw the budget set. (2) The price of commodity 1 is $2 if 20 or fewer units are purchased, but $1 for all units (including the first 20) if more than 20 units are purchased. Draw the budget set. Now suppose income is still $100, but commodity 1 is priced according to the bulk discount of part (2) above. (3) The price of commodity 2 is $2 for the first 30 units, but $1 for each additional unit exceeding 30. Draw the budget set. (4) The price of commodity 2 is $2 if 30 or fewer units are purchased, but $1 for all units (including the first 30) if more than 30 units are purchased. Draw the budget set.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Captain john's yachts, inc., located in fort lauderdale, florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and captain john's favorite, the luxury yachts. captain john advertises his boats with his famous "you rent"we pilot" slogan, which means that the company supplies the captain and crew for each rented boat. each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. the crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. ten employees are captains, and an additional 18 employees fill the various crew positions. currently, captain john has rental requests for all his boats: four sailboats, eight cabin cruisers, and three luxury yachts. if captain john's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?
Answers: 2
question
Business, 22.06.2019 23:00
The five steps to financial success a. five money myths b. five foundations
Answers: 1
question
Business, 23.06.2019 01:00
Ticker services began operations in 2015 and maintains long-term investments in available-for-sale securities. the year-end cost and fair values for its portfolio of these investments follow.portfolio of available-for-sale securities cost fair valuedecember 31, 2015 $ 369,060 $ 357,988 december 31, 2016 420,728 445,972 december 31, 2017 572,190 676,901 december 31, 2018 864,007 768,966 prepare journal entries to record each year-end fair value adjustment for these securities.calculation adjustment required to fair value adjustment.12/31/15 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/16 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/17 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/18 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) record the year-end adjusting entry for the securities portfolio as of december 31, 2015.date general journal debit creditdec 31, 2015 record the year-end adjusting entry for the securities portfolio as of december 31, 2016.date general journal debit creditdec 31, 2016 record the year-end adjusting entry for the securities portfolio as of december 31, 2017.date general journal debit creditdec 31, 2017 record the year-end adjusting entry for the securities portfolio as of december 31, 2018.date general journal debit creditdec 31, 2018
Answers: 2
question
Business, 23.06.2019 03:00
You are considering purchasing a company — assets, liabilities, warts, and all. you are aware that sometimes liabilities do not always show up on the balance sheet. discuss five examples of liabilities that may not be explicitly recognized on the balance sheet, making sure to explain why they are liabilities.
Answers: 1
You know the right answer?
You have an income of $100 to spend on two commodities. The price of commodity 2 is constant at $1....
Questions
question
Health, 03.12.2020 22:30
question
Mathematics, 03.12.2020 22:30
question
Mathematics, 03.12.2020 22:30
question
History, 03.12.2020 22:30
question
Mathematics, 03.12.2020 22:30
question
Mathematics, 03.12.2020 22:30