subject
Business, 06.06.2020 19:01 starwarsfan392

Ahmed spends all his money on movie tickets and groceries. Suppose Ahmed is presented with two options: A and B. Option A gives him a voucher of $X, which he can only spend on groceries. Option B gives him $X, which he can spend on either or both goods. Which of the following is correct, assuming Ahmed is indifferent between the two options? a) Ahmed spends at least $X on groceries. b) Ahmed spends less than $X on groceries. c) Ahmed spends his entire income on movie tickets. d) Ahmed must be indifferent between movie tickets and groceries.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
question
Business, 22.06.2019 16:30
Who got instagram! ? if you do give it to me
Answers: 1
question
Business, 22.06.2019 20:30
When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?
Answers: 1
question
Business, 23.06.2019 01:00
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs
Answers: 1
You know the right answer?
Ahmed spends all his money on movie tickets and groceries. Suppose Ahmed is presented with two optio...
Questions
question
Mathematics, 06.01.2021 04:30
question
Mathematics, 06.01.2021 04:30
question
Mathematics, 06.01.2021 04:30
question
Physics, 06.01.2021 04:30
Questions on the website: 13722360