This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an individual has a constant MRS of shoes for sneakers of 3/4 (that is, he or she is always ... (Read 77 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jul 1, 2018
If an individual has a constant MRS of shoes for sneakers of 3/4 (that is, he or she is always willing to give up 3 pairs of sneakers to get 4 pairs of shoes) then, if sneakers and shoes are equally costly, he or she will
 a. buy only sneakers.
  b. buy only shoes.
  c. spend his or her income equally on sneakers and shoes.
  d. wear sneakers only 3/4 of the time.

Question 2

When a transfer price is set lower
 a. the costs of the division using the intermediate product will fall
  b. the profits of the division using the intermediate product will be unaffected
  c. the profits of the division using the intermediate product will fall
  d. the profits of the division using the intermediate product will rise


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


rachel9

  • Member
  • Posts: 495
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Photographer unknown, Man with Big Shoes. Photographer unknown, Man with Big Shoes.
How to find the constant (C) after finding the anti-derivative How to find the constant (C) after finding the anti-derivative
Reaction at constant-volume Reaction at constant-volume
At 34.5°C, oxygen gas expands from 34.5 L to 45.7 L against a constant pressure of 750 mmHg. ... At 34.5°C, oxygen gas expands from 34.5 L to 45.7 L against a constant pressure of 750 mmHg. ...
The decay constant of radon-222 is 0.181 d-1. If a sample of radon initially contains 6.00 × ... The decay constant of radon-222 is 0.181 d-1. If a sample of radon initially contains 6.00 × ...
Concepts related to the pathogenesis of myocardial infarction in an individual with diabetes. Concepts related to the pathogenesis of myocardial infarction in an individual with diabetes.
Video: Muscular System Animation

For a complete list of videos, visit our video library