Alittle exchange economy has just two consumers, named ken and barbie, and two commodities, quiche and wine. ken's initial endowment is 3 units of quiche and 2 units of wine. barbie's initial endowment is 1 unit of quiche and 6 units of wine. ken and barbie have identical utility functions. we write ken's utility function as, u(qk, wk) = qkwk and barbie's utility function as u(qb, wb) = qbwb, where qk and wk are the amounts of quiche and wine for ken and qb and wb are amounts of quiche and wine for barbie.

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: