Business, 26.02.2020 20:29, yourgirlmaya

The meal plan at university A lets students eat as much as they like for a ﬁxed fee of $500 per semester. The averagestudent there eats 250 pounds of food per semester. University B charges $500 for a book of meal tickets that entitles thestudent to eat 250 pounds of food per semester. If the student eats more than 250 pounds, he or she pays 52 for eachadditional pound; ifthe student eats less, he or she gets a $2 per pound refund. If students are rational, at which universitywill average food consumption be higher? Explain brieﬂy.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 07:30, nanamath5662

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions

Answers: 3

continue

Business, 22.06.2019 12:50, trintrin227

Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false

Answers: 3

continue

Business, 22.06.2019 13:50, xcoder1732

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal. b) rental rates in france will increase. c) wages in france will decrease. d) rental rates in portugal will increase.

Answers: 2

continue

Business, 22.06.2019 19:00, whitbol

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.

Answers: 1

continue

Do you know the correct answer?

The meal plan at university A lets students eat as much as they like for a ﬁxed fee of $500 per seme...