Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each month. During the last couple of weeks, Marcus noticed an increase in the price of burritos. The price of burritos rose from $5.50 per burrito last month to $6.60 per burrito this month. Assume that Marcus has a fixed income of $165 that he can spend on burritos. How many burritos can Marcus afford to buy at the new price of $6.60?

Answers

Answer 1

Answer:

Marcus can buy 25 burritos.

Explanation:

Giving the following information:

The price of burritos rose from $5.50 per burrito last month to $6.60 per burrito this month.

Assume that Marcus has a fixed income of $165 that he can spend on burritos.

To calculate the number of burritos that Marcus can afford, we need to use the following formula:

Quantity= total income / unitary cost

Q= 165/6.6

Q= 25 burritos


Related Questions

The first thing to do in selecting a marketing channel is to determine which type of channel will best meet both the seller's objectives and the distribution needs of customers.

Answers

Answer:

True.

Explanation:

A marketing channel can be defined as the process of developing marketing techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers. There are four (4) main types of marketing channels;

1. Direct selling.

2. Dual distribution.

3. Sales through intermediaries.

4. Reverse channel.

Hence, the first thing to do in selecting a marketing channel is to determine which type of channel will best meet both the seller's objectives and the distribution needs of customers.

Which of the following statements is always true? A. Workers being paid based on commission...

Answers

Answer:

The statement that is always true is the b. Workers being paid on commission get paid based solely on their performance.

Explanation:

That is because the pay on commission is proportional to the results: the more you sell the more you earn. So, the earnings are reflection of the results that the employee reaches, i.e. his/her performance. Take into account that option c. "workers being paid on commission are stressed over the amount of earnings they will have" is true only some times, because if the employee has a comfortable finance position he/she will not necessarily be under stress.

give four features of subsistence production​

Answers

Answer:

The main features of Subsistence Farming are as follows:

In subsistence farming, landholdings tend to be small and scattered.

The farmers tend to use traditional methods of agriculture.

The output is not very high and it is consumed within the family........

Tom is the beneficiary and is concerned about both running out of money during his lifetime and at the same time leaving funds behind to the insurer. Looking for some time period guarantee, Tom should consider the _________ settlement option.

Answers

Answer:

lifetime annuity with period certain settlement option

Explanation:

Based on the specifications that Tom is looking for, he should consider the lifetime annuity with period certain settlement option. This is an annuity that pays a benefit to the annuitant until death, but with a period certain option, the estate's beneficiary will continue to receive annuity payments until the specified timeframe of the period certain expires. Which would meet the requirements that Tom is looking for.

Land and things permanently attached to the land, such as trees, buildings, and stationary mobile homes are _______.
A. real property
B. cyber property
C. personal propertyD. intellectual property

Answers

Answer:

A. real property

Explanation:

These are known as real property. Like mentioned in the question, this is land  and all of the property attached to it, this includes any and all subsets of land that have been improved through any form of legal human actions. There are many things that are included in a piece of land that can be considered real property such as buildings, ponds, canals, roads, and machinery, among other things.

Sondra thinks the new business contract she signed with her business partner is valid. Both parties are legally competent, the contract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented. Which essential element of a valid contract has Sondra not yet considered

Answers

Answer: Whether consent was voluntary

Explanation:

From the question, we are informed that Sondra thinks the new business contract she signed with her business partner is valid. We are further told that both parties are legally competent, the contract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented.

The essential element of a valid contract has Sondra not yet considered is whether consent was voluntary. This is important as they je must not be forced to sign a contract.

when management directs attention only to those activities not proceeding according to plan, they are engaging in

Answers

Answer: management by exception

Explanation:

When when management directs attention only to those activities not proceeding according to plan, it simply shows that they are engaging in management by exception.

In management by exception, cases that are deviating from the norms are identified and handled.

If you have an offer that’s targeted towards your leads in your database and wouldn’t provide as much value to your customers, what could you segment by to send only to your leads?

Answers

Answer:

Lifecycle stage

Explanation:

A lifecycle stage represents how far a contact has moved through their buying journey.

This lifecycle stage has been broken down into five well defined stages: reach, acquisition, conversion, retention, and loyalty.

Callaway Golf Company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions regarding buying custom clubs. This is an example of a(n) a. cross-sectional study. b. exploratory research. c. causal research. d. field experiment.

Answers

Answer:

a. cross-sectional study.

Explanation:

A cross-sectional study is the study that consists of data taken from a population for a particular period of time. Here study derives the interest variables that are be selected  

Here in the given situation, since the company conducted a survey based on people attitudes, their preferences, intentions so that they can able to analyze  purchasing the custom clubs

So here the cross sectional study is to be used

hence, the correct option is a.

McKenna offers to sell Lori her collection of hand-painted European tiles. Before Lori has a chance to accept, McKenna says, "Sorry, I changed my mind. I’m not going to sell the tiles." McKenna has just made:

Answers

Answer:give the person above this brainlyest :)

Explanation:

Carla's Cards uses a ________ to sell and market the entire line of greeting cards. It designs promotional plans, sets prices, determines distribution policies, and makes recommendations to Carla on product strategy.

Answers

Answer: selling agent

Explanation:

A selling agent is an agent who sells a product for an economic agent such as an individual, firm or government and gets commission for the products sold.

Carla's Cards uses a selling agent to sell and market the entire line of greeting cards. It designs promotional plans, sets prices, determines distribution policies, and makes recommendations to Carla on product strategy.

One friend asks you to go to
the movies and the other
asks you to go to the park.
What is the opportunity cost
if you choose to go to the
park? Explain why

Answers

There are opportunity costs for which ever one you choose. If you choose to go to the park instead of the movies however, you will be missing out on unique cinematic experiences that only the movie theater is able to provide.

For example, movie theaters are some of the only locations available to the public where you are able to watch the brand new releases of movies. What also makes movie theaters unique from all other places is people receive the opportunity to watch the movie on a giant screen and be the first to find out what new movies are coming out later from the previews. Finally, movie theaters are famous for their movie theater popcorn.

I hope this helped!

Advertising is an important aspect of monopolistic competition and oligopoly because brand distinction encourages consumer loyalty, which increases profits. there is product homogeneity in these industries. price changes are not allowed. there are significant substitution possibilities in these industries. b. Advertising promotes efficiency and benefits consumers by helping consumers determine their preferences and limiting the number of products firms have to produce. helping consumers determine their preferences and increasing the number of products firms have to produce. providing information about new products, reducing the number of firms in the industry, and raising average revenue. providing information about new products, increasing sales and output, and lowering average total cost. c. Which of the following statements is true? Persuasive advertising can increase brand loyalty, which encourages new entry into the industry. Persuasive advertising can be important in encouraging new entry into the industry. Excessive advertising can decrease brand loyalty, which encourages new entry into the industry. Persuasive advertising can be excessive, creating a barrier to entering the industry.

Answers

Answer:

a. Advertising is an important aspect of monopolistic competition and oligopoly because:

1. brand distinction encourages consumer loyalty, which increases profits.

b. Advertising promotes efficiency and benefits consumers by :

4. providing information about new products, increasing sales and output, and lowering average total cost.

c. Which of the following statements is true?

2. Persuasive advertising can be important in encouraging new entry into the industry.

Explanation:

If information processing was perfect, many studies conclude that individuals would tend to make __________ decisions using that information due to __________.

a. less than fully rational; behavioral biases
b. fully rational; behavioral biases
c. less than fully rational; fundamental risk
d. fully rational; fundamental risk
e. fully rational; utility maximization

Answers

Answer: a. less than fully rational; behavioral biases

Explanation:  Information processing errors consist of forecasting errors , overconfidence  and conservatism which can lead investors to misestimate the true probabilities of possible events or associated rates of return; and assuming information processing was perfect, individuals would tend to less-than-fully rational decisions due to behavioral biases as confirmed by several studies.

Based on sociological context, if information processing was perfect, many studies conclude that individuals would tend to make less than fully rational decisions using that information due to behavioral biases.

This implies that humans are generally biased in their decision-making.

Regardless of whether the information processing is perfect or not, humans only base their decisions on what they feel is right or what they believe to be true.

Hence, in this case, it is concluded that the correct answer is option A. "less than fully rational; behavioral biases."

Learn more here: https://brainly.com/question/14300217

The president of a Mexican company recently remarked, "Business in Mexico is done on a consensus basis, very genteel and sometimes slow by U.S. standards." A few months later, the Mexican company and its U.S. joint venture partner parted company. Judging by the president's remark, one important reason for the "divorce" was:

Answers

Answer: cultural differences

Explanation:

Cultural differences also known as cultural diversity are the beliefs, languages, practices of certain races or ethnic groups which make them different from other races.

Cultural diversity can sometimes bring about issues in communication. In the question, judging by the president's remark, one important reason for the "divorce" was cultural differences.

Compare and contrast the theories of Maslow, Alderfer, McClelland, and Herzberg. Then, choose ONE theory and apply it to your personal life.

Answers

Answer:

mcclelland herzberg

Explanation:

McClellan and herzberg

Ayayai Mining Company purchased land on February 1, 2020, at a cost of $1,038,200. It estimated that a total of 57,900 tons of mineral was available for mining. After it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. It estimates the fair value of this restoration obligation at $111,600. It believes it will be able to sell the property afterwards for $124,000. It incurred developmental costs of $248,000 before it was able to do any mining. In 2020, resources removed totaled 28,950 tons. The company sold 21,230 tons.
Compute the following information for 2020.
(a) Per unit mineral cost $
(b) Total material cost of December 31, 2020, inventory $
(c) Total material cost in cost of goods sold at December 31, 2020 $

Answers

Answer:per unit mineral cost = $ 22 per ton

Total material cost of December 31, 2020, inventory= $ 169,840

Total material cost in cost of goods sold at Dec 31,2020= $ 467,060

Explanation:

Details on the property                Amount

Add:

Purchase cost                            $ 1,038,200

Restoration cost                              $  111,600

Development cost                           $  248,000

Deduct:

Sales value on the property             $124,000

Total material cost                           $1,273,800

Given that 57,900 tons are mined

a)

Per unit mineral cost = 1,273,800/57,900 = $ 22 per ton

b) Total material cost of December 31, 2020, inventory

Ending Minerals in inventory at Dec 31st 2020  = Tonnes mined – tonnes sold  = 28,950-21,230 = 7, 720

therefore, total material cost of inventory = 7,720 x 22 = $ 169,840

Total material cost in cost of goods sold at Dec 31,2020

cost per ton  = $22

goods sold = 21,230

therefore total material cost of goods sold = $22 x 21,230  = $ 467,060

"During extended periods of high inflation, it can be expected that common stock price movements, as measured by the NYSE Composite Index, will show a:"

Answers

Answer:

negative correlation

Explanation:

In such a scenario common stock price movements will show a negative correlation. Meaning that as inflation levels rise the price values of these common stock assets will decrease, which the same can apply the other way around. This tends to occur because a stock's price is just the risk-adjusted present value of the company's future cash flows, thus a rise in inflation will always cause it to drop.

Companies in stage _____ of a supply chain management implementation concentrate on making improvements to internal supply chain processes and external processes and relationships with suppliers and customers.

Answers

Answer: stage one

Explanation: A company in stage one of supply chain management (SCM) implementation focuses on making improvements to internal supply chain processes and external processes and relationships with suppliers and customers.

stage two concentrates on expanding the business network of Web-enabled SCM-capable trading partners in their supply chain to increase operational efficiency and effectiveness in meeting strategic business objectives.

stage three strives to optimize the development and management of their supply chains in order to meet strategic customer value and business value goals. Collaborative marketing occurs here.

_____________ are a form of financial instrument through which corporations and governments borrow money from financial investors and promise to repay with interest.

Answers

Answer:

Bonds

Explanation:

Bonds are financial instruments that are used to obtain funding from the bond holders. It is a debt security that is issued by a government or corporation to investors.

When investors buy bonds the funds are used by governments for its operations and various projects. Interest is paid on the bonds.

Bonds can be municipal bonds or corporate bonds.

Unlike shares bonds does not grant the holder an equity or ownership stake in the company, rather it grants a creditor stake.

If the natural rate of unemployment equals 4 percent and the actual rate of unemployment equals 6 percent, then cyclical unemployment equals:

Answers

Answer:

2%

Explanation:

The natural rate of unemployment is 4%

The actual rate of unemployment is 6%

Therefore, the cyclical unemployment can be calculated as follows

Cyclical unemployment= actual rate of unemployment-natural rate of unemployment

= 6%-4%

= 2%

Hence the cyclical unemployment is 2%

The main disadvantage of a monetary union is the loss of national monetary and exchange rate policy independence. lessened political integration. increased exchange rate uncertainty. none of the options

Answers

Answer:

The correct option is;

Loss of national monetary and exchange rate policy

Explanation:

The disadvantages of the establishment of monetary unions includes;

1) The loss of independence in monetary policy

2) The associated problems that arise due to the the initial establishment of the union

3) Tedious nature of the task of attaining comprehensive capital mobility

The advantages are;

1) Lack of uncertainty in exchange rate variation

2) Reduced cost of doing business

3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.

A road map indicating the direction of systems​ development, the​ rationale, the current​ systems, new developments to​ consider, the management​ strategy, the implementation​ plan, and the budget is called​ a(n): .

Answers

Answer: information systems plan

Explanation:

A road map indicating the direction of systems​ development, the​ rationale, the current​ systems, new developments to​ consider, the management​ strategy, the implementation​ plan, and the budget is called​ an information systems plan.

Information System Planning (ISP) is an approach that waa actually developed in order to help organizations establish a plan which can be used by the organizations to satisfy their information requirements which can either be short or long term basis.

Which error occurs when managers allow initial impressions, statistics, or estimates to control or excessively influence subsequent thoughts and decisions

Answers

Answer: anchoring bias

Explanation:

Anchoring bias is simply the error that occurs when managers allow initial impressions, statistics, or estimates to control or excessively influence subsequent thoughts and decisions.

In anchoring, an individual allows an earlier piece of information that he or she has gotten to impact his or her future thoughts as decisions will be made based on the earlier information which can be bias.

Which of the following statements are correct? Variable service department costs are charged to operating divisions based on the budgeted rate and budgeted activity. Fixed service department costs are based on actual cost and budgeted activity. Fixed service department costs are based entirely on budgeted data. Variable service department costs are

Answers

Answer:

•Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.

• Fixed service department costs are based entirely on budgeted data.

Explanation:

Out of the statements in the question, the correct statements are:

Fixed service department costs are based entirely on budgeted data and

Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.

It should be noted that fixed cost doesn't varies with production level but variable cost varies with production level.

A capital projects fund for a new city courthouse recorded a receivable of $300,000 for a state grant and a $450,000 transfer from the general fund. What amount should be reported as revenue by the capital projects fund

Answers

Answer:

$300,000

Explanation:

The grant of $300,000 happens not to have any restrictions mentioned alongside it in the question and as such will be declared or reported as revenue as an unrestricted grant. This is acceptable by the Governmental Accounting Standards Board, GASB.

Cheers

"Do we have a loyalty program?" is a question about which of the 5Cs? a. collaborators b. context c. customer d. company

Answers

Answer:

c. customer

Explanation:

-Collaborators: Refers to all the people or organizations that work with the company to provide the products or services like suppliers, distributors and investors.

-Context refers to external factors that can affect your business like trends.

-Customer refers to the people that purchase and use your product or service. This involves gathering information about your customers, their preferences and customer's strategies.

-Company refers to analyzing the company, its goals, experience and image to be able to determine if it can meet the customer's needs and accomplish its objectives.

According to this, the answer is that "Do we have a loyalty program?" is a question about customer because it refers to strategies companies use to handle the relationship with the customer and encourage repeat purchases.

_________was created to reform, and to restore confidence in, the stock market by providing a means to monitor the market and to enforce laws regarding the sales of stocks and bonds.

Answers

The answer is securities and exchange commission

Y3K, Inc., has sales of $4,400, total assets of $2,985, and a debt-equity ratio of 1.20. If its return on equity is 16 percent, what its net income?

Answers

Answer:

$217.668

Explanation:

The computation of net income is shown below:-

ROE = Profit Margin × Total Asset Turnover × Equity Multiplier (Assets ÷ Equity)

ROE = (Profit Margin) × (Sales ÷ Total Assets) × (1 + Debt-Equity ratio)

16% = Profit margin × ($4,400 ÷ $2,985) × ( 1 + 1.20)

16% = Profit margin × 1.47 × 2.20

16% = Profit margin × 3.234

Profit margin = 16% ÷ 3.234

= 0.04947

Now as we know that

Profit margin = Net income ÷ Sales

0.04947 = net income ÷ $4,400

net income is

= $4,400 × 0.04947

= $217.668

"An adolescent is to receive radioactive iodine for Graves' disease. Which statement by the client reflects the need for more teaching?"

Answers

Answer: d) "The advantage of radioactive iodine is that I will not need future medication for my disease."

Explanation:

The treatment of Graves disease using radioactive iodine is meant to destroy the thyroid gland so that the person will see a reduced function from it.

This means that after the treatment is used, a lot of patients will need a thyroid replacement and will have to keep receiving treatments to maintain.

Essentially the radioactive iodine is not the last medication that will be taken for Graves disease.

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Has there been an experience in your life where you have felt the need or desire to resist and rebel and if so what was it? La moneda deChile se llama______________. Quadrilateral A has side lengths 6, 9, 9, and 12. Quadrilateral B is a scaled copy of Quadrilateral A, with its shortest side of length 2. What is the perimeter of Quadrilateral B? what is 5/8 minus 3/10 In the current year, Poplar City paid $5,000 interest and $20,000 principal on its outstanding general obligation bonds. The payment was made from a debt service fund using cash transferred earlier the same year from the general fund. How should the city report the expenditures What is the primary water source for a water cooled recovery unit's condensing coll?AChilled water from the evaporatorBCondenser waterCLocal municipal water supplyDDe ionized water The climate of a certain region is warm to hot, with little seasonal variation in temperature, but with a pronounced dry season. The vegetation is mostly grasses, but there are some shrubs and trees. This region is most likely a:_______ Does x=-3 fall on the interval [-1, )? Yes or no and why: You have just been hired as the Security Manager of a medium- sized Financial Services company employing 250 people in New Hampshire, and have been asked to write two new security policies for this company. The first one is an e-mail policy for employees concentrating on personal use of company resources. The second policy is that of WIFI and Internet use within the company. There are many resources available on the web so researching these topics and policies should be easy. The most difficult part of this exercise will be determining how strict or how lenient you want to make these policies for this particular company. Project Plan You are asked to create two separate policies on use of EMAIL and a WIFI/INTERNET USE within the company. Be specific in your terms and conditions of use. Consider these items to be included in your policies (as applicable). 1. Overview 2. Purpose 3. Scope 4. Policy 5. Policy Compliance 6. Related Standards, Policies and Processes 7. Definitions and Terms solve 10^2n-6=10,000 In a class of students, the following data table summarizes the gender of the studentsand whether they have an A in the class. What is the probability that a student whohas an A is a female? The following information is taken from the financial statements of Burton Industries:________. Total Assets $360,000 Total Liabilities 162,000Total Stockholders' Equity 198,000Net Income 126,000Income Tax Expense 37,800 Interest Expense 9,000a. 18.2 b. 15.0 c. 4.7 d. 19.2. x=1 y= 23(x+2y)-2x+10 = A force of 200 N is applied on small piston of a pascal press. What would be theforce applied on the big piston, if the diameter of the small piston is 4.37 cm and the area of the big piston is 98 cm2? 38) Within a double-stranded DNA molecule, adenine forms hydrogen bonds with thymine, and cytosine forms hydrogen bonds with guanine. What is the significance of the structural arrangement The function y = 4/5x - 6 is shifted up 13 units. What is the equation of the new function? which expression is equivalent to the given expression 8 square root of 6 brainlist if answer correct:Two cars start out at the same point and at the same time one starts driving north while the other starts driving east at a speed that is 10 mph faster than the car driving north. 12 hours after the cars start driving they are 600 miles apart. What was the speed of each car? 2) What happens to the quantity demanded' when the price of a good, service, orproduct increases? The constraint at Johngrass Corporation is time on a particular machine. The company makes three products that use this machine. Data concerning those products appear below: VT UV LQ Selling price per unit $335.09 $228.37 $199.12 Variable cost per unit $259.44 $173.26 $159.79 Minutes on the constraint 6.60 3.40 4.60 Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource