Brian owns a parcel of land that is encumbered by a mortgage held by the First International Bank. Brian agrees to sell the land to Piercel for $350,000. Brian and Pierce together go to the First International Bank to discuss the sale and purchase with the banker. Brian, Pierce, and the banker sign an agreement stating that Pierce will assume the mortgage and that Brian will be discharged from all further liability on the mortgage. In this case:
a, the bank can collect from Brian if Plerce defaults.
b. the bank is a third party donee beneficiary,
c. the agreement among the three is a novation.
d. Brian is a third party beneficiary of the agreement between Pierce and the bank.

Answers

Answer 1

Answer: c. the agreement among the three is a novation.

Explanation:

A novation refers to a situation whereby a party to a contract is replaced by another party. That means that the duties and benefits of the party being replaced will be passed on to the new party to the contract.

In this scenario, Brian was replaced in the mortgage contract by Pierce and Pierce assumed all liability related to the land in question. This is therefore a novation.


Related Questions

Economists generally argue that:
A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.
B. high inflation is costly, but costs of moderate inflation are not nearly as large as the public believes.
C. costs of both high and moderate inflation are quite large.
D. neither high inflation nor moderate inflation is very costly.

Answers

Answer: A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.

Explanation:

Economists generally believe that moderate inflation is actually good for the economy as prices need to increase in a healthy manner overtime in order to drive consumption. This means that to them, the cost of moderate inflation is nearly zero.

This is a sharp contrast to high inflation which most economists generally believe to be costly as it reduces the savings of people as well as their real wages and welfare.

If a nation has a comparative disadvantage in the production of some commodity: Group of answer choices it cannot gain from international trade unless it has an absolute advantage in every other commodity. it can gain from international trade in that commodity only if it has an absolute advantage in that commodity. it cannot gain from international trade in the commodity. it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if it produced it domestically.

Answers

Answer:

it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if it produced it domestically.

Explanation:

A country has comparative disadvantage in production if it produces at a higher opportunity cost when compared to other countries.

The country with a  comparative disadvantage can gain from trade by trading the good with a country that has  comparative advantage in the production of that good. i.e. the country produces at a lower opportunity cost

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country B has a comparative disadvantage in the production of beans and country A has a comparative disadvantage in the production of rice

Country B should buy beans from A and A should buy rice from B

Joe has an idea for a new mobile restaurant business. He wants to convert an antique bus into a sit-down restaurant with a service window allowing him to serve people within the bus and walk-ups who want to get their food and take it home. Joe takes his idea and looks at the people, the offerings, the customers, the value proposition, and his distinctive competencies. Joe is performing a(n) ______
A. business model canvas
B. RBI screen
C. classic feasibility study
D. pilot test

Answers

Answer:

C. classic feasibility study

Explanation:

A feasibility study is the study that shows the analysis made for considered the relevant factors for a project. It included the economic, technological, legal in order to ascertain the completion of the project in a successful manner

So as per the given situation, the option c is correct

And, the same is to be considered

Roger Company sold machinery for a total price of $20,000 to be paid in four equal installments, plus interest. The first payment was made in the current year. The original cost of the machinery was $12,000 and $8,000 of depreciation had been taken on it. Ignoring interest income, what amount of income must Roger Company recognize in the current year under the installment method for this sale

Answers

Answer:

$8,000 ordinary income and $2,000 capital gain.

Explanation:

Calculation to determine what amount must Roger recognize in the current year

Since total gain is $16,000 calculated using this formula

Total gain=Selling price-Basis

Total gain=$20,000-$4,000

Total gain=16,000

Which means that he must recognize the complete $8,000 . Hence, the revised gain of $8,000 will be the ORDINARY INCOME in the current year which is calculated as:

Ordinary Income=Selling price-Adjusted basis

Ordinary Income=$20,000-$12,000

Ordinary Income=$8,000

Lastly is to determine The gross profit percentage of which will be applied to each using this formula

Gross profit percentage=Gross profit ÷Contract price

Gross profit percentage=$8,000 ÷ $20,000

Gross profit percentage=40%

Hence, the CAPITAL GAIN for the current year will be:

Capital gain = [($20,000 ÷ 4) × 40%]

Capital gain=$2,000

Therefore the amount that Roger must recognize in the current year is $8,000 ordinary income and $2,000 capital gain.

5
Select the correct text in the passage.
What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil.
Reset
Next

Answers

Answer: sightseeing

Explanation:

Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.

In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.

Required: Journal entry Received Rs.18,000 from debtors and discount allowed him Rs. 2,000. please help. ​

Answers

Answer:

If there was a discount allowed of Rs. 2,000 then it means that the total amount the debtor was owing was:

= Cash paid by debtor + Discount allowed

= 18,000 + 2,000

= Rs. 20,000

Journal entry is therefore:

Date                       Account Title                                          Debit             Credit

XX-XX-XXXX        Cash                                                     $18,000

                              Discount allowed                                $  2,000

                              Accounts Receivable                                               $20,000

The government has adopted an emissions tax if it: Group of answer choices specifies the type of catalytic converter that must be used to reduce automobile emissions. pays automobile drivers 10 cents for each 10% reduction in automobile emissions. charges automobile drivers 10 cents for each unit of automobile emissions. transfers the ownership of city air to a private firm that charges automobile drivers a profit-maximizing price, based in part on the pollution capacity of the atmosphere.

Answers

Answer:

charges automobile drivers 10 cents for each unit of automobile emissions.

Explanation:

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

An emission tax can be defined as tax levied on manufacturers or road users such as drivers for the amount of pollution dispersed into the environment.

Hence, the government has adopted an emissions tax if it charges automobile drivers 10 cents for each unit of automobile emissions.

Solaris Autos Inc., a large automobile company, made an initial small investment in a start-up company that was developing a solar-powered car. This gave Solaris Autos controlling interests in the start-up company. However, Solaris Autos had no obligations to make continued investments in the experiments of the start-up company. It could invest small amounts depending on the new product's success at each stage of its development. If the product proved to be successful, Solaris Autos would have the right to buy out the start-up company. This approach to strategic alliance is referred to as

Answers

Answer:

real-options perspective

Explanation:

From the question we are informed about Solaris Autos Inc., which is a large automobile company, made an initial small investment in a start-up company that was developing a solar-powered car. This gave Solaris Autos controlling interests in the start-up company. However, Solaris Autos had no obligations to make continued investments in the experiments of the start-up company. It could invest small amounts depending on the new product's success at each stage of its development. If the product proved to be successful, Solaris Autos would have the right to buy out the start-up company. This approach to strategic alliance is referred to as real-options perspective. A real option can be regarded as an approach that bestow management of a firm the right, so that they can undertake certain business opportunities as well as an investments. Real option can be regarded as projects that contains tangible assets versus financial instruments. Real options could involves decision to expand as well as decision to defer project entirely.

Gary has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. What kind of work-family conflict (WFC) is Gary experiencing

Answers

Answer:

time-based

Explanation:

From the question we are informed about Gary who has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. In this case, kind of work-family conflict (WFC) Gary is experiencing is Time-based.

Time-based conflict can be regarded as the conflict that comes up as a result of devoting a time for a role which makes it to be difficult to be able for someone to participate in role different from first role.

When Jorge became one of three final candidates for a managerial position with a large pharmaceutical company, the hiring manager scheduled a special meeting with him. The two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jorge appreciated that the hiring manager took the time to provide a(n) _________.

Answers

Answer:

Realistic job preview

Explanation:

Realistic Recruitment

This is made presents to outsiders with all good information without error or ommission.

Realistic Job Preview (RJP)

This is regarded as any attempt by the organization to give an accurate (both positive and negative) description of the relevant aspects of the job and organization. It is important because it gives an applicant realistic expectations about the job. This in turn should increase employee job satisfaction and reduce turnover.

When a transfer has no effect on fixed costs, to be acceptable to the selling division, the transfer price must ______. Multiple select question. cover any opportunity cost from lost sales cover a reasonable portion of the selling division's fixed costs cover any lost contribution margin due to the transfer equal the product's normal selling price cover the variable costs per unit

Answers

Answer:

• cover any opportunity cost from lost sales

• cover any lost contribution margin due to the transfer

• cover the variable costs per unit

Explanation:

A transfer is done from one division in a company to another.

When such is done, the transfer price should cover any opportunity costs that the division doing the transferring would be incurring to do so that way they would not make an economic loss.

Lost contribution margin should be covered as well for the same reason which is avoidance of cost.

Variable costs have to at least be covered so that the division does not make an accounting loss.

"I don't know, but I'll find out" is a customer service example of…
B a dangerous admission.
C losing a sale.
D magic words.

A(Not the answer) an uninformed sales rep.

Answers

Answer:

C. losing a sale.

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

A salesperson can be defined as an individual or employee who is saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

A lost sale can be defined as a situation in which a salesperson or business firm looses a selling opportunity for a variety of reasons such as going out of stock, unavailability of a brand (product line), lack of product knowledge, etc.

This ultimately implies that, a process in which a salesperson looses a sales opportunity due to one reason or the other is referred to as losing a sale.

Hence, "I don't know, but I'll find out" is a customer service example of losing a sales because the customer (buyer) may not be patient enough to get the feedback while others might walk away immediately in search of the product or service elsewhere.

Answer:

It is magic words

Explanation:

I took the test got it right

Andrea, a sales associate in the fine china department of the David's Department Store, reports to Chris, the home furnishings department manager. This morning, Chris asked Andrea to change the price tags on the crystal wine glasses. While working on this task, Pietro, the bedding department manager, told Andrea that he wanted her to unload some comforters. To solve this conflict, Andrea turns to the principle of unity of command under which Group of answer choices Andrea needs to decide which manager has more power. Andrea can refuse to do both tasks. employees should report to no more than one manager. employees can report to two managers, so Andrea needs to decide whose directions to follow. Andrea will need to determine how she can multitask.

Answers

Answer: employee should report to no more than one manager.

Explanation:

Under the principles of war, it should be noted that the unity of command simply means that all the responsibility of all the forces are under one commander. The commanders possesses the authority to direct and control all the forces in order to achieve q common goal.

Therefore, in this scenario, Andrea should report to Chris who is the home furnishings department manager since Chris is his immediate manager as he can only follow the order of one boss.

Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments. Kimberly Bracco is the property manager of Pelican Bay. She has decided to stay in her condo and not reside at Pelican Bay. She is also pursuing her California real estate license as she manages the property. Is anything wrong with this scenario

Answers

Answer:

Yes

Explanation:

According to California law an onsite manager is required for an apartment complex that has more than 16 rental units.

In the given scenario Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments.

Kimberly Bracco is the property manager and has decided to stay in her condo and not reside at Pelican Bay which is off site.

However if she is to be off site then she will need a broker's licence.

The ______ inventory system records all inventory-related transactions in the inventory account (e.g. transportation, purchase returns and allowances, purchase returns and allowances, purchase discounts) and reduces inventory at the time of sale. The ______ inventory system uses separate accounts for these items and records cost of goods sold at the end of the accounting period.

Answers

bonjour,

perpetual & periodic

In strategic management, both the short-term and long-term perspectives need to be considered because a. the creative tension between the two forces managers to develop more successful strategy. b. shareholders only care about long-term returns c. shareholder value is only measured by short-term returns. d. long-term vision precludes the analysis of present operating needs.

Answers

Answer:

a. the creative tension between the two forces managers to develop more successful strategy.

Explanation:

It is correct to say that short-term and long-term strategies must be designed individually as the creative tension between the two forces managers to develop more successful strategies.

It is essential that in strategic planning the short-term and long-term action plans are well specified, so that the strategic development understands the organizational whole and the strategies are aligned, since the short-term actions will consequently impact those of long term.

It's very urgent
which of the following statements about corporation is true

1) they are more common then partnerships in the U.S.
2) they are the most inexpensive form of business to start.
3) they are very easy to start
4) all business debts are the personal responsibility of the owners

Answers

Answer: While not usual they can be held responsible for all business debts.

Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.

Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lake. Then Stan started selling tickets to people who wanted to go swimming in the lake. When Stan died, he left the lake and the land it was on to the state, stipulating that the lake be left open to the public for swimming. Due to the lake’s remote location, it was never crowded. After Stan died, the lake became a ______ good.

Answers

Answer:

public

Explanation:

A public good is a good that is non excludable and non rivalrous.

An individual's access to the pool does not limit another person's access

Also, the pool is free, so it is non excludable

Before his death, the pool was a private good

A private good is a good that is excludable and rivalrous.

Cardinal Company manufactures vitamin capsules. For the month of June, Cardinal's encapsulating department had 18,000 tons in beginning inventory (with transferred-in costs of $4,400) and 81,000 tons completed inventory during the month. Further, the mixing department completed and transferred out 72,000 tons at a cost of $22,300 in June. Calculate unit cost for the transferred-in category. (Note: Round answer to two decimal places.)

Answers

Answer: $0.30 per unit

Explanation:

The unit cost for the transferred-in category is calculated as:

= (Transfer cost of beginning inventory + transfer cost of transferred out inventory) / (Beginning inventory + Inventory transferred out)

= (4,400 + 22,300) / (18,000 + 72,000)

= 26,700 / 90,000

= 0.2967

= $0.30 per unit

Zoe's Dog Biscuits, inc, has net cash flows from operating activities for the last year of $226 million. The income statement shows that net income in $150 million and depreciation expense is $85 million. During the year, the change in inventory on the balance sheet was an increase of $14 million, change in accrued wages and taxes was an increase of $15 million and change in accounts payable was an increase of $10 million. At the beginning of the year the balance of accounts receivable was $45 million. What was the end of year balance for accounts receivable?
A. $20 million
B. $25 million
C. $45 million
D. $65 million

Answers

Answer:

D. $65 million

Explanation:

The computation of the  end of year balance for accounts receivable is shown below:

Cash flows from operating activities $226

net income $150

Add: depreciation $85

Less: increase in inventory -$14

Add: increase in wages and taxes $15

Add: increase in account payable $10

Total $246

Change in account receivable -$20

Opening account receivable $45

Ending account receivable $65

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $212,400 of raw materials on credit; issued materials to production of $207,000 of which $33,600 were indirect. Minstrel incurred a factory payroll of $157,200, of which $43,600 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $16,700 and $29,400 respectively. Compute the cost of jobs transferred to Finished Goods Inventory.

Answers

Answer:

$444,700

Explanation:

Use the following formula to calculate the cost of products transferred to finished goods

Cost of products transferred to finished goods = Beginning inventory + direct materials + Direct labor + Applied OH 150% - Ending Inventory

Placing values in the formula

Cost of products transferred to finished goods = 16,700 + ( $207,000 - $33,600 ) + ( $157,200 - $43,600 ) + ( ( $157,200 - $43,600 ) x 150% ) - $29,400

Cost of products transferred to finished goods = 16,700 + 173,400 + 113,600 + 170,400 - $29,400

Cost of products transferred to finished goods = $444,700

China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These relationships are called
A) joint ventures.
B) network strategies.
C) equity strategic alliances.
D) nonequity strategic alliances.

Answers

Answer:

C) equity strategic alliances.

Explanation:

100% correct

A builder and a wealthy landowner entered into a written contract whereby the builder would build on the grounds of the landowner's estate a mausoleum, using imported Italian granite, to hold the remains of the landowner's recently deceased wife. The cost of the mausoleum was set at $100,000. After the contract was signed but before construction began, the builder learned that an unforeseen embargo prevented him from getting the granite he planned to use to build the mausoleum. He could get the granite from another source, but it would cost an additional $25,000. The builder explained the situation to the landowner, who agreed to pay $125,000 to have the mausoleum built. The builder prepared a writing stating that the price for the mausoleum was now $125,000. Both the builder and the landowner signed the writing. After the work was completed, the landowner gave the builder a certified check for $100,000 and refused to pay one penny more.If the builder brings suit against the landowner to recover the additional $25,000, will the builder likely prevail?A Yes, because the modification was fair and equitable in view of the unanticipated increase in the cost of granite.B Yes, because the later agreement was in writing and signed by the parties.C No, because the builder had a preexisting duty to do the work for $100,000.D No, because the 25% increase in price that the builder was trying to force on the landowner is unconscionable.

Answers

Answer:

If the builder brings suit against the landowner to recover the additional $25,000, the builder will likely prevail:

A Yes, because the modification was fair and equitable in view of the unanticipated increase in the cost of granite.

Explanation:

When the parties signed the original contract, the embargo on the importation of granite was not fully anticipated.  When the builder brought the modification to the landowner's attention, the landowner did not object.  Instead, he gladly and understandably signed the modified terms.  It was based on his modified agreement that the builder was able to perform his own side of the contract.  Therefore, the landowner should be honorable enough to abide by the modified contract price, which is, overall, not unconscionable.

Smith, an individual calendar-year taxpayer, purchased 100 shares of Core Co. common stock for $15,000 on December 15, Year 1, and an additional 100 shares for $13,000 on December 30, Year 1. On January 3, Year 2, Smith sold the shares purchased on December 15, Year 1, for $13,000. What amount of loss from the sale of Core's stock is deductible on Smith's Year 1 and Year 2 income tax returns

Answers

Answer:

Year 1 = $0Year 2 = $0

Explanation:

Stock was sold in year 2 so there is no loss that would be deductible from Smith's Year 1 income tax returns.

In year 2, the stock was sold for $13,000 even though it was bought for $15,000. There is therefore a loss of $2,000.

This $2,000 results from a wash sale however so it will not be deductible.  A wash sale is used to describe a scenario where stock from one transaction is sold but was the investor buys that same stock in another transaction 30 days before or after they sold the former.

As Smith purchased another $13,000 worth of stock merely 16 days before he sold the first batch, this is a wash sale and its loss is not deductible.

what skills does a farm manager need?​

Answers

Answer:

Strong decision-making.

Problem-solving.

Communication.

The ability to work with people.

Leadership.

Administration skills.

Knowledge of key equipment practices.

Explanation:

They need to have free time. Without that free time...When will you be able to feed the plants? When will you be able to groom your horse? It also costs A LOT!! Because of the farm animals.

These are quite obvious but just in case I am going to list these for you:

Cow

Horse

Chicken

Donkeys (Optional)

Cats (Optional)

Peacocks (Very Optional due to the prices)

Sheep

Dogs (For the mice. Dogs have a supreme sense of smell. They can sniff out the mice.)

Azure, a C corporation, reports the following: Pretax book income is $543,000. Depreciation on the tax return is $20,000 greater than depreciation on the financial statements. Rent income reportable on the tax return is $36,000 greater than rent income per the financial statements. Fines for pollution appear as a $10,000 expense in the financial statements. Interest earned on municipal bonds is $25,000. What is Azure's taxable income

Answers

Answer:

Azure's taxable income is $544,000.

Explanation:

This can be calculated as follows:

Taxable income = Pretax book income - Excess depreciation + Prepaid rental income + Fines for pollution - Municipal interest income ………………… (1)

Substituting all the relevant values into equation (1), we have:

Taxable income = $543,000 - $20,000 + $36,000 + $10,000 - $25,000 = $544,000

Therefore, Azure's taxable income is $544,000.

The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning merchandise inventory. beginning finished goods units less desired ending finished goods units. desired ending direct materials units less beginning direct materials units. desired ending finished goods units less beginning finished goods units.

Answers

Answer:

desired ending finished goods units less beginning finished goods units.

Explanation:

production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is and his marginal benefit from an additional slice of pizza is . If the price of a soft drink is and the price of a slice of pizza is ​, is Charley maximizing his total​ benefits? A. ​No, he should increase his consumption of both goods. B. ​No, he should shift consumption toward and away from to maximize total benefits. C. ​Yes, there is no other consumption choice that will make his total benefits greater. D. ​No, he should shift consumption toward and away from to maximize total benefits.'

Answers

Answer:

The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Explanation:

Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?

A. No, he should increase his consumption of both goods.

B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

C. Yes, there is no other consumption choice that will make his total benefits greater.

D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'

The explanation of the answer is now provided as follows:

Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:

MBs / Ps = MBp / Pp ……………………………. (1)

Where:

MBs = Marginal benefit from an additional soft drink = $100

MBp = Marginal benefit from an additional slice of pizza =$110

Ps = Price of a soft drink = $2

Pp = Price of a slice of pizza = $3

Subtitling the relevant values, we have:

MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50

MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67

This implies that 50 = MBs / Ps > MBp / Pp = 36.67

The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.

Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).

Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

please help me with this account question I'm tryna make entries ​

Answers

Answer:

451

Explanation:

430+21

1234567890101112131415

During the Great Depression, a. the pineapple industry finally became highly profitable as world demand for fruits rose. b. Latin America developed a mature regional economy, which exported large quantities of manufactured goods and imported most of its foodstuffs and raw materials. c. revolutions occurred all over Latin America. d. Latin American economies boomed, in contrast to those of the United States and Europe. e. domestic instability led to the creation of dictatorships.

Answers

Answer:

e. domestic instability led to the creation of dictatorships.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

During the Great Depression, domestic instability led to the creation of dictatorships and autocratic leaderships (government) across many countries.

Generally, dictatorship is characterized by a single leader (dictator) having absolute power and as such he or she makes all the rules, policies and decisions without consulting or taking suggestions from anyone else.

Other Questions
Exchange of gases in plants occur through: (A): Stomata.(B):Lenticels.(C):Root surface.(D):Choloroplast.(1)A,B and D(2)A,B,CandD(3)AandC(4)A,BandC A gift box shown below is packed with small cubic 1/2 inch blocks. The blocks are packed tightly with no spaces between them. A. How many blocks are in the gift box?B. What is the volume of the gift box?C. Find how much wrapping paper will be needed to wrap the gift box (hint: find surface area). Discuss the assertion that non-formal institutions have no role to play at the processing stage of the systems theory is an empty rhetoric. Consider the formula 4(h-3k)= h+7. (a) Make k the subject of the above formula. (b) If the value of h is decreased by 8, write down the change in the value of k.guys I really need helpplzzzzzz why was the author on papuan island in the story of in the jaws of the aligator Given the function f(x) = -2c+cx-x^2, and f^-1(5) = -1, find c Beauty calls and gives no warnin, figurative language? Help me pls ASAP I WILL GIVE BRAINLIEST-3 = -e/75 3. Do you think honesty and dedication in work gave fishermen benefit fro their occupation? Give reasons. Aesha works for a moderately priced running shoe manufacturer and while their products are lower in cost, there is a high degree of consumer pressure to create the best quality running shoes possible and to constantly innovate with new designs. Which aspect of Porters Diamond does this demonstrate Tangerine, Inc. provides the following data: Surround, Inc. Comparative Balance Sheet Dec. 31, 20X9 Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net 31,000 Merchandise Inventory 53,000 Total Current Assets $113,000 Property, Plant, and Equipment, Net 120,000 Total Assets $233,000 Liabilities Current Liabilities: Accounts Payable $4000 Notes Payable 3000 Total Current Liabilities $7000 Long-term Liabilities 84,000 Total Liabilities $91,000 Stockholders' Equity Common Stock $30,000 Retained Earnings 112,000 Total Stockholders' Equity $142,000 Total Liabilities and Stockholders' Equity $233,000 Calculate the debt to equity ratio. Which of the following is equivalent to the expression below? 4. What is the domain? Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales: Quarter 1 $4,600,000 Quarter 2 5,100,000 Quarter 3 5,000,000 Quarter 4 7,600,000 In Shalimar's experience, 10 percent of sales are paid in cash. Of the sales on account, 65 percent are collected in the quarter of sale, 25 percent are collected in the quarter following the sale, and 7 percent are collected in the second quarter after the sale. The remaining 3 percent are never collected. Total sales for the third quarter of the current year are $4,900,000 and for the fourth quarter of the current year are $6,850,000.Required: Calculate cash sales and credit sales expected in the last two quarters of the current year, and in each quarter of next year. I NEEEDDDD HELPPPP ITS URGENTTTTT!!!!!! Ill mark you brainliest Manufacturing cycle time is best defined as the: length of the work shift, expressed in minutes per day. time it takes a unit to move from one workstation to the next. time between the start of one unit and the start of the next unit. sum of all the task times to make one unit of a product. time from raw materials receipt to finished product exit. -3x > 12What is the value of x? Use substitution to support your answer. What is the volume of the following rectangular prism?Im doing this on khan academy and I keep failing the test. Now Im scared of getting questions wrong represent (-12)+(-8)+14 on a number line The valves in the heart open and close to move blood in between heart chambers. O a) three directions O b) two directions O c) four directions d) one direction