Homework Answers
Answer - 2 scoops
Reason - the theory of diminishing marginal utility says that as the units of a good are consumed, consequently the marginal satisfaction derived from those units decreases and a ration consumer will only consume such units until the marginal utility is equal to price he pays. In other words as the satisfaction derived from the consumption becomes less than price, the consumer will not consume that unit.
So, here we will consume only first two units where the satisfaction derived from the units are higher than the price we pay.
Add Answer to:
- 1 hour 35/50 Question 35 Each scoop of ice cream costs $6. Your benefit associated...
please reply fast!!! thank you. QUESTION 17 Let's assume that Ferdinandssels 100 scoops of ice cream...
please reply fast!!! thank you.
QUESTION 17 Let's assume that Ferdinandssels 100 scoops of ice cream every day. We know that each scoop is sold for $3. the average variable cost is 12 50, the marginal cost is 53and the werage total cost is $3.00. Based on this Information, what do we know? The testing accounting prots O The firm is not producing according to the optimal output The test breaking even The tom is making economic profis QUESTION 18...
1. As you start consuming potato chips, your marginal utility is very high, but it begins...
1. As you start consuming potato chips, your marginal utility is very high, but it begins to fall slowly until you've eaten 10 chips. After you have eaten 10 chips, marginal utility decreases even faster with each additional chip. Marginal utility continues to decline until you’ve eaten 49 chips. The fiftieth chip does not give you any additional utility. After 50 chips, your mouth gets so salty that it is unpleasant to eat any more, so marginal utility is actually...
Started: Jan 29 at 10:09pm Quiz Instructions Read each question or statement carefully and be sure...
Started: Jan 29 at 10:09pm Quiz Instructions Read each question or statement carefully and be sure to read all responses before selecting your answer. Be s answer. Remember that this quiz is an individual effort and that you may not discuss the content of this quiz wit instructor. Quizzes will be available for review for three days after the deadline. D | Question 10 The principle of decreasing marginal benefit means that as the quantity of a good consumed ons...
Read each question or statement carefully and be sure to read all responses before selecting your...
Read each question or statement carefully and be sure to read all responses before selecting your answer. answer. Remember that this quiz is an individual effort and that you may not discuss the content of this qu instructor. Quizzes will be available for review for three days after the deadline. DI Question 16 Marginal Cost O increases as more is produced. O decreases as more is produced. O decreases as marginal benefits decrease. O remains constant as more is produced
On January 1, Cowboy Ice Cream declared a $3,000 cash dividend to be paid on January...
On January 1, Cowboy Ice Cream declared a $3,000 cash dividend to be paid on January 31 to shareholders of record on January 15. What is the effect on Cowboy Ice Cream's financial statements on January 1? (Select all that apply) Financing cash outflow of $3,000 Dividends Payable decreases by $3,000 No effect on the financial statements Net Income decreases by $3,000 Dividends decrease by $3,000 Retained Earnings decrease by $3,000 Dividends Payable increases by $3,000 Cash decreases by $3,000...
dont understand, please help! Thank you! Question 25 (Mandatory) (1 point) One way to account for...
dont understand, please help! Thank you!
Question 25 (Mandatory) (1 point) One way to account for flotation costs of raising capital is to: 0 adjust the project's initial cash flow so that it will reflect the flotation costs. 0 adjust all the project's cash flows so that each year it will reflect the flotation costs. 0 adjust only the project's operating cash flows to account for paying back the shareholders. 0 adjust the project's tax burden to account for the...
Question 24 (1 point) Saved Which of the following is NOT true regarding children and environmental...
Question 24 (1 point) Saved Which of the following is NOT true regarding children and environmental exposure to environmental agents? Children cease to be vulnerable as they go through the developmental changes of puberty Children are especially vulnerable to contaminants due to their rapid development from before they are born and through early childhood Children's age-appropriate behavior exposes them to hazards The physical size of children puts them at greater exposure; children breathe more air, drink more water, and eat...
Question 6 1 pts Assume a firm has a book value of assets equal to two...
Question 6 1 pts Assume a firm has a book value of assets equal to two times the book value of owner’s equity. Sales are ten times owner’s equity. The profit margin is two percent. What is the firm’s ROA? four percent five percent eight percent ten percent twenty percent Question 7 1 pts You need $2,000 to buy a new stereo for your car. If you have $800 to invest at 5% compounded annually, how long will you have...
Time Value of Money Spreadsheet Example 4 Module IV Name: Date: 6 7 8 Question 1 9 Question 2 10 Question 3 11 Question...
Time Value of Money Spreadsheet Example 4 Module IV Name: Date: 6 7 8 Question 1 9 Question 2 10 Question 3 11 Question 4 12 Question 5 13 Question 6 14 Question 7 15 Question 8 16 Question 9 17 Question 10 18 19 20 Single Amount or Annuity 21 Periodic Interest Rate 22 Number of Periods 23 24 25 Present Value of Single Amount 26 27 Future Value of Single Amount 28 29 Future Value of An Annuity...
INN MARGIN ROOMS NEAREST OFFICE COLLEGE INCOME DISTTWN 1 44.2 3471 2.1 523 12 35 9.4...
INN
MARGIN
ROOMS
NEAREST
OFFICE
COLLEGE
INCOME
DISTTWN
1
44.2
3471
2.1
523
12
35
9.4
2
29.8
3567
1.8
140
13.5
42
5.7
3
38.4
3264
1.6
404
22.5
45
4.4
4
54.4
3234
1.1
649
19.5
35
6.5
5
34.5
2730
4
171
17
41
10.5
6
44.9
3003
3.4
402
15.5
37
4.6
7
46
2341
2
580
23
45
7.4
8
50.2
3021
2.6
572
8.5
33
9.3
9
46
2655
3.2
666
22
40
6.7...
please reply fast!!! thank you.
QUESTION 17 Let's assume that Ferdinandssels 100 scoops of ice cream every day. We know that each scoop is sold for $3. the average variable cost is 12 50, the marginal cost is 53and the werage total cost is $3.00. Based on this Information, what do we know? The testing accounting prots O The firm is not producing according to the optimal output The test breaking even The tom is making economic profis QUESTION 18...
Started: Jan 29 at 10:09pm Quiz Instructions Read each question or statement carefully and be sure to read all responses before selecting your answer. Be s answer. Remember that this quiz is an individual effort and that you may not discuss the content of this quiz wit instructor. Quizzes will be available for review for three days after the deadline. D | Question 10 The principle of decreasing marginal benefit means that as the quantity of a good consumed ons...
Read each question or statement carefully and be sure to read all responses before selecting your answer. answer. Remember that this quiz is an individual effort and that you may not discuss the content of this qu instructor. Quizzes will be available for review for three days after the deadline. DI Question 16 Marginal Cost O increases as more is produced. O decreases as more is produced. O decreases as marginal benefits decrease. O remains constant as more is produced
On January 1, Cowboy Ice Cream declared a $3,000 cash dividend to be paid on January 31 to shareholders of record on January 15. What is the effect on Cowboy Ice Cream's financial statements on January 1? (Select all that apply) Financing cash outflow of $3,000 Dividends Payable decreases by $3,000 No effect on the financial statements Net Income decreases by $3,000 Dividends decrease by $3,000 Retained Earnings decrease by $3,000 Dividends Payable increases by $3,000 Cash decreases by $3,000...
dont understand, please help! Thank you!
Question 25 (Mandatory) (1 point) One way to account for flotation costs of raising capital is to: 0 adjust the project's initial cash flow so that it will reflect the flotation costs. 0 adjust all the project's cash flows so that each year it will reflect the flotation costs. 0 adjust only the project's operating cash flows to account for paying back the shareholders. 0 adjust the project's tax burden to account for the...
Question 24 (1 point) Saved Which of the following is NOT true regarding children and environmental exposure to environmental agents? Children cease to be vulnerable as they go through the developmental changes of puberty Children are especially vulnerable to contaminants due to their rapid development from before they are born and through early childhood Children's age-appropriate behavior exposes them to hazards The physical size of children puts them at greater exposure; children breathe more air, drink more water, and eat...
Time Value of Money Spreadsheet Example 4 Module IV Name: Date: 6 7 8 Question 1 9 Question 2 10 Question 3 11 Question 4 12 Question 5 13 Question 6 14 Question 7 15 Question 8 16 Question 9 17 Question 10 18 19 20 Single Amount or Annuity 21 Periodic Interest Rate 22 Number of Periods 23 24 25 Present Value of Single Amount 26 27 Future Value of Single Amount 28 29 Future Value of An Annuity...
INN
MARGIN
ROOMS
NEAREST
OFFICE
COLLEGE
INCOME
DISTTWN
1
44.2
3471
2.1
523
12
35
9.4
2
29.8
3567
1.8
140
13.5
42
5.7
3
38.4
3264
1.6
404
22.5
45
4.4
4
54.4
3234
1.1
649
19.5
35
6.5
5
34.5
2730
4
171
17
41
10.5
6
44.9
3003
3.4
402
15.5
37
4.6
7
46
2341
2
580
23
45
7.4
8
50.2
3021
2.6
572
8.5
33
9.3
9
46
2655
3.2
666
22
40
6.7...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 4 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 4 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 5 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 8 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 8 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 9 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago