subject

Business, 23.06.2021 01:00 blakesmith0110

Benny spends all of his money buying wine and cheese. The marginal utility of the last bottle of wine he bought is 60, and the marginal utility of the last block of cheese he bought is 30. The price of wine is $3, and the price of cheese is $2. Benny: Group of answer choices is buying wine and cheese in the utility-maximizing amounts. should buy more wine and less cheese. should buy more cheese and less wine. is spending too much money on wine and cheese.

ansver

Answers: 2

Show answers

Another question on Business

question

Business, 22.06.2019 10:40

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Answers: 2

question

Business, 22.06.2019 18:30

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.

Answers: 1

question

Business, 22.06.2019 20:00

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

Answers: 3

question

Business, 22.06.2019 20:50

Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?

Answers: 1

You know the right answer?

Benny spends all of his money buying wine and cheese. The marginal utility of the last bottle of win...

Questions

question

Computers and Technology, 24.12.2019 19:31

Ajunior administrator is having issues connecting to a router's console port using a tia/eia 568b standard cable and a usb serial to rj-45 adapter, de...

question

English, 24.12.2019 19:31

World war ii and nazism influenced many european writers. in this unit, you read selections by milosz and ionesco. compare the different tones and per...

question

Chemistry, 24.12.2019 19:31

Icl has a higher boiling point than br2. what is the best explanation for this? a. br2 experiences dipole-dipole interactions. b. icl experiences dipo...

question

Chemistry, 24.12.2019 19:31

The only way to determine the products of a reaction is to carry out the reaction. all chemical reactions can be classified as one of five general typ...

question

Computers and Technology, 24.12.2019 19:31

Write a function called letter_gradethat has a type int input parameter called points and returns through an output parameter gradepthe appropriate le...

question

Business, 24.12.2019 19:31

In this economic system, there is a free labor market and individuals can own property, but the basic needs of the people, such as health care, educat...

question

Biology, 24.12.2019 19:31

Bones function as levers for the muscles to provide movement of the body. what refers to increasing the angle of the joint, thus moving two bones fart...

question

Engineering, 24.12.2019 19:31

Write a program that allows the user to enter the last names of five candidatesin a local election and the number of votes received by each candidate....

question

History, 24.12.2019 19:31

On this day december 15th 1944 we lost a great one. glenn miller's plane disappeared over the english channel on his way to paris. to this day we have...

question

Social Studies, 24.12.2019 19:31

World war i and the roaring twenties review answers...

question

Computers and Technology, 24.12.2019 19:31

Write a program that reads a line of text, changes each uppercase letter to lowercase , and place each letter both in queue and onto a stack. the prog...

question

Computers and Technology, 24.12.2019 19:31

Write a function safeopen() that takes one parameter, filename — a string giving the pathname of the file to be opened for reading. when safeopen() is...

question

Computers and Technology, 24.12.2019 19:31

Write a program that simulates a magic 8 ball, which is a fortune-telling toy that displays a random response to a yes or no question. in the student...

question

English, 24.12.2019 19:31

Write a letter to your younger brother who has indicated interest in attending a technical school, educating him on the benefits of technical and voca...

question

Computers and Technology, 24.12.2019 19:31

Write a program that inserts 25 random integers from 0 to 100 in order into a linkedlist object. the program must: • sort the elements,• then calculat...

question

English, 24.12.2019 19:31

Write a minimum 150-word response in which you explain the poet's use of extended metaphor in "cloud." be sure to cite examples from the text in your...

question

Computers and Technology, 24.12.2019 19:31

Write a program that reads the contents of the two files into two separate arrays, or arraylists. the user should be able to enter a boy’s name, a gir...

question

Mathematics, 24.12.2019 19:31

Select from the drop-down menus to correctly complete each statement. −25 is 25 units to the of zero on a number line. the opposite of −25 is 25 units...

question

Mathematics, 24.12.2019 19:31

What is the distance between (-2 1/2,-3) and (1,-3

question

English, 24.12.2019 19:31

The meaning of this wordreprehensible...

More questions: Business Another questions