The marginal utility of a consumer for a particular good, measured in £, is 100-Q. Suppose the price is given by £10. Determine the optimal consumtion of the consumer. Explain. Determine the consumer surplus. Explain Derive the demand curve with the above marginal utility. Explain.

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: What is MARR and how do you choose it?

A: While making a decision to invest in a new project, the managers of companies do an analysis to…

Q: Write sources of financing for a building materials company?

A: Any business to operate/function requires funds, the tools used to acquire these funds are…

Q: Ted's car is now worth $9000, which is 60% of what he paid for it. What did he pay for his car?

A: Present worth is present value or value for now which is calculated after wear and tear,depreciation…

Q: Hi uncle please send me your number please let me know if you are interested in the company

A: Understanding the QuestionThe original question is: "Hi uncle please send me your number please let…

Q: Why should you talk to your banker before beginning to look for a home? to get a building inspector…

A: Although looking for a home can be exciting and enjoyable, serious homebuyers should begin their…

Q: Why would someone choose a fixed rate loan over a variable rate loan?

A: In the field of economics, a loan is defined as the act of lending money or resources by one party…

Q: evolution of   savings accounts, loans and online banking post COVID-19

A: Customers have grown even more reliant on web and mobile apps as a result of the mandatory…

Q: What’s a debit?

A: The word debit is derived from an Italian word Debito. A debit is a record regarding money when…

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: How was TVC calculated?

A: TVC is total variable cost in a cost structure of a model. Total variable cost is showing the…

Q: Your new client, Kerri, age 35, came into your office today. She provided you with the following…

A: Kerri's housing costs (rent + mortgage) are 28% of her income, which is above the recommended 25%.…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Target buys hand sanitizers from the wholesaler at $3 and sells them in their stores at $8. Find the…

A: Introduction Markup is the value a player adds to the cost price of a product. The value added is…

Q: I'm having trouble deciding whether to work a full shift or work overtime as well. If I work the…

A: The marginal cost refers to the change in the total cost when worker works for additional one hour.…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…

Q: what is continous and discrete payments?

A: Discretely compounded interest is calculated and added to the principal at specific intervals (e.g.,…

Q: ICD-10 was implemented in October 2015. Summarize how the industry handled it.

A: The first international classification list called as international list of causes of death was…

Q: Q 1 2 3 4 5 6 7 8 9 10 FC $16 $16 $16 $16 $16 $16 $16 VC ATC $20 $36.00 $27.00 $38 $54 $23.33 $68…

A: In the long run, the market price equals the minimum average total cost (ATC) of producing any…

Q: On November 4, you get a boat loan.  Your first payment is due December 4.  You write out your check…

A: TVM refers to the concept that a sum of money is value more now than the same sum will be at a…

Q: What is the time value of money?

A: Time value of money (TVM) is a concept that emphasizes on the opportunity cost of money, and…

Q: Your workforce in the sales department consist of 30 workers. 10 are baby boomers born between 1945…

A: The workforce is the work pool in employment. It is frequently used to depict those working for a…

Q: Write the different loan terms?

A: A loan is when one or more people, organisations, or other institutions lend money to other persons,…

Q: What is the time period? What does it determine?

A: Time period refers to the duration of an investment.  There are mainly two time periods; short run…

Q: How did you get 5.49 for AVC?

A: Introduction Total cost includes all implicit and explicit cost that comes during production. Total…

Q: The value of savings is $390 and income is $650 Calculate APS

A: The information given to us:- Savings of household = $390 Income of household = $650 We have to find…

Q: What are other ways to invest in Real estate? Are they long term or short term?

A: Real estate refers to land and any physical property or structures that are permanently attached to…

Q: If you put your $100 into a saving account which earns 5% interest, how long does it take for your…

A: Given information: Amount kept in saving account = $100 Interest rate = 5%

Q: Which command is used to list the contents of the current working directory including the hidden…

A: Hidden File in Linux:The easiest way to show hidden files on Linux is to use the ls command with the…

Q: When compared to a large business, a small business has O roles that are shared across a larger…

A: An organization or entity that is being engaged in activities of industrial, commercial, or…

Q: The owners of a small manufacturing concern have hired a vice president to run the company with the…

A: From the given scenario, it can be easily identified that when the firm earns zero profit in the…

Q: What are speed payments? Could they potentially be ethical? Does it matter where speed money…

A: Speed payments, also known as 'facilitation payments' or 'grease payments', are small bribes paid to…

Q: National Service Reserve Corporation

A: Welfare services Welfare refers to government-sponsored assistance programs for low-income…

Q: How you will convert your money into specific crypto?

A: There are a few different ways to convert your money into cryptocurrency. You can use an online…

Q: Gerry likes driving small cars and buys nearly identical ones whenever the old one needs replacing.…

A: solving this problem first we have to calculate EUAC (Equated Uniform Annual Costs) EUAC is used to…

Q: The costs of owning and operating an asset can be divided into two categories. What are they?

A: According to cost theory, there are two different types of cost associated with any economic…

Q: Differentiate between standard of deferred payments and unit of account

A: Money is any object that is generally accepted as payment for goods and services, for the repayment…

Q: Why is it important to follow the FIFO in doing and INVENTORY?

A: Both the raw materials utilised in manufacturing and the final commodities that are ready for sale…

Q: how did you get the 75 ??

A: Here, information about the price of own good, price of related good, income and units of…

Q: Balance of payment.

A: International commerce enables governments to open new markets for goods and services that would…

Q: how  you know what c value to look a

A: A strategy is said to be dominating when choosing it provides better payoffs independent of the…

Q: In 2017, the productivity level of both Germany and the US was $ 72 per hour. Germany's productivity…

A: Productivity indicates the efficiency of inputs used in a production process. It measures the ratio…