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 38 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
YES! Correct, THANKS for helping me on my review

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
Sequencing a large chromosome by individual sequence determination of cloned fragments in sequences Sequencing a large chromosome by individual sequence determination of cloned fragments in sequences
What is the value of the equilibrium constant, K, at 25°C for the reaction? What is the value of the equilibrium constant, K, at 25°C for the reaction?
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Differences in brain metabolism in the brain of an unaffected individual (upper) and a schizophrenic Differences in brain metabolism in the brain of an unaffected individual (upper) and a schizophrenic
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library