Suppose the price of a sweater is $10. Jaylen's marginal benefit for purchasing each additional sweater is given in the table below. He
gets the most benefit from the first sweater and less benefit from each additional sweater. If Jaylen is behaving rationally, how many
sweaters will he purchase?

1st sweater
2nd sweater
3rd sweater
4th sweater
5th sweater
6th sweater

50
35
30
23
12
8

Answers

Answer 1

The number of sweaters that Jaylen will purchase, based on his marginal benefit, is 5 sweaters.

What is marginal utility?

Marginal utility or benefit is the added satisfaction that a consumer derives from the consumption of an additional unit of a product or service.

Using the concept of marginal utility, we can determine the number of units consumers will be willing to purchase.

The law of marginal utility states that a consumer will continue to purchase more of an item until their marginal benefit or utility is fewer than the cost of the item.

For instance, Jaylen will buy sweaters until his marginal benefit is lower than the price of a sweater ($10).

Jaylen is likely to buy 5 sweaters since his marginal benefit, though progressively reducing, still exceeds the price of the sweaters.

Data:

Price per sweater = $10

                     Marginal Benefits

1st sweater              50

2nd sweater           35

3rd sweater            30

4th sweater            23

5th sweater            12

6th sweater             8

Thus, based on marginal utility, Jaylen will purchase 5 sweaters.

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Related Questions

30 ones, 2 thousands, 4 hundred thousands, 60 tens and 100 hundreds what number am I?

Answers

Answer:

602,630

Step-by-step explanation:

602.630 is going to be the correct answer

The difference of range and equartile range of the data set present by is plit

Answers

The range measures the difference between the minimum value and the maximum value in a dataset. The interquartile range measures the difference between the first quartile (25th percentile) and third quartile (75th percentile) in a dataset. This represents the spread of the middle 50% of values

change the subject. make x the subject

Answers

When the subject is changed for x, the equation is x = 1 - 1/(1 - (1/(1 - y)^2)))

How to change the subject and make x the subject?

The equation is given as

x = 1 - 1/(1 - (1/(1 - y)^2)))

The question implies that we change the subject and make x the subject

However, in the equation;

The subject of the equation is x

This means that when the subject is changed for x, the equation is x = 1 - 1/(1 - (1/(1 - y)^2)))

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7(4x-5) - 4(6x+5) = -91

Answers

Answer:

x = -9

Step-by-step explanation:

7(4x-5) - 4(6x+5) = -91

28x - 35 - 24x -20 = -91

28x - 24x = -91 + 35 + 20

4x = -36

x = -36 : 4

x = -9

---------------

Katherine buys eggs and apples at the store.
. She pays a total of $47.45.
. She pays a total of $6.77 for the eggs.
She buys 6 bags of apples that each cost the same amount.
Write and solve an equation which can be used to determine x, how much each bag
of apples costs.

Answers

Answer:

x = 5.94

Step-by-step explanation:

Mrs. Lin asked her students to
write a sequence with a common
ratio of 5 where a₁ is negative. Who
correctly completed the task?
KORY
-1, 5, -25, 125,
REID
-3, -15, -75,-375,..
KEISHA
-10,-5, 0, 5, 10,
ALLIE
2, 10, 50, 250,

Answers

Answer:

REID:  -3, -15, -75,-375,..

Step-by-step explanation:

If a GP has a positive common ratio and negative first term, it means all its terms are negative since formed by a product of positive and negative numbers.

We can only see one sequence with all negative terms and common ratio of 5, this is REID's.

A rectangular room is 2 times as long as it is wide, and its perimeter is 32 meters. Find the
dimension of the room.
L=?
W=?

Answers

Answer: l=32/3 meters

w=16/3 meters

Step-by-step explanation:

P=perimeter, l=length, w=width

P=2l+2w

32=2(2w)+2w

32=4w+2w

6w=32

w=32/6

w=16/3 meters

32=2l+2(16/3)

32=2l+32/3

(32=2l+32/3)*3

96=6l+32

6l=64

l=64/6

l=32/3 meters

6 3/7 + 7 5/7 as a mixed number in simplest form

Answers

99/7 = 14 1/7 = 14.1428571

Answer: 14 1/7

Step-by-step explanation:

through: (1,-1), slope = -3/5

Answers

Answer:

equation : 3x + 5y + 2 = 0

Step-by-step explanation:

y - y1 = m (x - x1)

y - (-1) = -3/5 ( x - 1 )

5(y + 1) = -3(x - 1)

5y + 5 = -3x + 3

3x + 5y + 2 = 0


Find the slope of the line graphed below.

PLEASE PLEASE PLEASE HELPP ME GUYS

Answers

Answer: m=2

Step-by-step explanation:

Highlighted points: (0, 4) and (-4, -4)

m=(y2-y1)/(x2-x1)

m=(-4-4))/(-4-0)

m=(-8)/(-4)

m=2

A loptop and 3 tablets cost $810. A laptop and 1 tablet cost $630. How much does one laptop cost? How much does one tablet cost?​

Answers

Answer: Tablet costs $225

Laptop costs $135

Step-by-step explanation:

Laptop is = x

Tablet = T

x + 3t = 810

x + t = 360

x = 360 - t

360 - t + 3t =810

2t = 450

t = 225

x + 225 = 360

x = 135

4. Airline fares can vary greatly, even from the same carrier within the same day. The following are fares from New York to Burbank, CA, over the past week. $430, $567, $334, $701, $424, $555, $890, $455, $450, $1,122 What is the standard deviation for this distribution? Round your answers to the nearest dollar.​

Answers

Answer:

$235

Step-by-step explanation:

‎‎‎‎‎‎‎‎‎‎.....................

The following data represent exam scores in a statistics class taught using traditional lecture and a class taught using a​ "flipped" classroom. Complete parts​ (a) through​ (c) below.
Traditional
70.9
69.0
80.5
67.3
86.4
77.0
56.6

82.4
81.2
70.5
63.6
70.5
60.3
Flipped
76.5
71.0
64.4
72.8
79.0
91.8
78.3
76.0
81.4
69.4
92.6
77.8
76.9
Question content area bottom
Part 1
​(a) Which course has more dispersion in exam scores using the range as the measure of​ dispersion?
The traditional course has a range of 29.829.8​, while the​ "flipped" course has a range of 28.228.2. The
traditional
course has more dispersion.
​(Type integers or decimals. Do not​ round.)
Part 2
​(b) Which course has more dispersion in exam scores using the sample standard deviation as the measure of​ dispersion?
The traditional course has a standard deviation of 24.424.4​, while the​ "flipped" course has a standard deviation of 29.129.1. The
flipped course has more dispersion.

Answers

For the given distributions, we have that:

a) The traditional course has a range of 29.8, while the flipped course has a range of 28.2. Thus the traditional course is more dispersed using the range.

b) The traditional course has a standard deviation of 8.67, while the flipped course has a standard deviation of 7.63. Thus the traditional course is also more dispersed using the standard deviation.

What is the range of a distribution?


The range of a distribution is given by the difference between the greatest value and the smallest value.

Hence, for the Traditional classroom, the range is given by:

86.4 - 56.6 = 29.8.

For the Flipped classroom, the range is given by:

92.6 - 64.4 = 28.2.

Hence:

The traditional course has a range of 29.8, while the flipped course has a range of 28.2. Thus the traditional course is more dispersed using the range.

What are the mean and the standard deviation of a data-set?

The mean of a data-set is given by the sum of all values in the data-set, divided by the number of values.The standard deviation of a data-set is given by the square root of the sum of the differences squared between each observation and the mean, divided by the number of values.

Using a calculator, following the described procedure, the standard deviations are given as follows:

Traditional: 8.67.Flipped: 7.63.

Hence:

The traditional course has a standard deviation of 8.67, while the flipped course has a standard deviation of 7.63. Thus the traditional course is also more dispersed using the standard deviation.

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One machine can seal 360 packages per hour, and an older machine can seal 140 packages per hour. How many MINUTES will the two machines working together take to seal a total of 700 packages?​

Answers

Answer:

84 minutes

Step-by-step explanation:

360 per hour = 6 per min

140 per hour = 2 1/3 per min

Both together do 8 1/3 per min.

In 3 minutes, both machines together do 25 packages.

700/25 = 28.

In 3*28 minutes, which is 84 minutes, both machines together seal 700 packages.

Thanks!

Use the phrase below to answer the following questions.
The sum of -15y and 16y is −4.

Translate the phrase into an algebraic equation.

Now, use your equation to solve for y​.
y =

Answers

The translation of the phrase The sum of -15y and 16y is −4 is

-15y + 16y = -4 and the value of y is -4.

What is an algebraic equation?

An algebraic equation is written in the form of variables and constants and we combine these variables and constants with arithmetic operations.

In the given question there is a statement The sum of -15y and 16y is −4 and we have to express it in form of numerical and solve for y or find the value of y.

∴ The sum of -15y and 16y is −4 can be expressed numerically as,

-15y + 16y = -4.

y = -4.

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marco counts the sides on four quadrilaterals and three pentagons how sides does he count'

Answers

Answer: 31 sides

Step-by-step explanation: 4 sides per quadrilateral so 16 sides and 5 sides per pentagon so 15 sides. 16 + 15 = 31.

Reduce answers to lowest terms 5/9 + 1/10

Answers

The answer for the given question is 59/90

A fraction is said to be in lowest terms when the greatest common factor (GCF) of the numerator and denominator is 1. Now that this is in mind, let's continue to solve.

Given, 5/9+1/10 and we have to convert or reduce it into the lowest terms.

So, let's proceed to solve this question

First add 5/9 and 1/10 i.e.,

= 5/9+1/10

Taken LCM of 9 and 10 which comes out to be 90.

Then, adding, we get

= 50+9/90

= 59/90

59/90 is already in its lowest form because the numerator and denominator have no common factor other than 1. So it's already at its most basic level.

Therefore, 59/90 is the required answer.

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Find the equation of the line perpendicular to the graph of x + 4y = 2 that contains the point (-1,3)

Answers

Answer:

y = 4x + 7

or y - 4x = 7

Step-by-step explanation:

x + 4y = 2

4y = -x + 2

y = -1/4x + 2

The slopes of two perpendicular lines are negative reciprocals of each other. So the slope of the perpendicular line should be negative reciprocal of -1/4, then it is 4

Given m = 4, y = 3, x = -1

y = mx + b

3 = 4(-1) + b

3 = -4 + b

b = 7

y = 4x + 7

An object is moving at a speed of 360 kilometers per hour. Express this speed in miles per day. Round your answer to the nearest whole number.

Answers

We get the speed of the object as 5365 miles / day after rounding off.

We are given that an object is moving at a speed of 360 kilometers per hour.

We know that:

1 km = 0.621 miles.

So, 360 km will be:

360 km = 223.56 miles.

Also, we know that:

we have 24 hours in 1 day.

1 day = 24 hours.

1 hour = 1 / 24 day.

Re-writing the speed of the object, we get that:

223.56 miles in 1 / 24 day

That is:

5365.44 miles / day.

Rounding off:

= 5365 miles / day.

Therefore, we get the speed of the object as 5365 miles / day after rounding off.

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help pls!!!!!!!!!!!!

Answers

Answer:

Step-by-step explanation:

E - 4,-2

F - 6, -3

G - 1, -4

Determine the amplitude or period as requested.

Amplitude of y = negative one-third sine x
a.
Negative one-third
b.
StartFraction pi Over 3 EndFraction
c.
One-third
d.
3

Answers

The amplitude of the function is 1/3

How to determine the amplitude of the function?

The function is given as:

y = negative one-third sine x

Rewrite properly as

y = -1/3sin(x)

A sine function is represented as:

y = Asin(x)

And the amplitude is

Amplitude = |A|

In y = -1/3sin(x), we have

A = -1/3

So, we have

Amplitude = |-1/3|

Evaluate

Amplitude = 1/3

Hence, the amplitude of the function is 1/3

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How can I solve for x

Answers

I am pretty sure x = 1/2

how many cubic feet water will aquarium A hold 16ft and 8ft

Answers

Answer:

128 feet

Step-by-step explanation:

8*16 is 128 feet

determine smallest 3 digit number which is exactly divisible by 6, 8 and 12​

Answers

Answer:

120

Step-by-step explanation:

Common Multiples of 6: 6,12,18,24,30,36,42Common Multiples of 8: 8,16,24,32,40,48,54Common Multiples of 12: 12,24,36,48,60,72

We note that 2, 4 is the least common multiple of 6,8 and 12

We have to find the smallest 3 -digit multiple of 24.

Also 24 × 4 = 96 and 24 ×5 = 120.

The smallest 3-digit number which is exactly divisible by 6,8 and 12 is 120.

Answer:

120

Step-by-step explanation:


Suppose you received a score of 91 out of 100 on exam 1. The mean was 79 and the standard deviation was 8. What score do you need on exam 2 to do equally well, if the mean is 60 and the standard deviation is 12?

Answers

You require the score of 78 to do equally well in exam 2.

To compare both the scores, we need to compute the z scores of both exams and then compare the values. The formula for z-score is:

Z = (X - μ)/σ

Where X = score obtained

           μ = mean score

          σ = standard deviation

For Exam 1:

Z = (91 - 79)/8

  = 12/8

Z = 3/2

To perform similarly well on the second exam, let x equal z 3/2.

For Exam 2:

Z = (x - 60)/12

3/2 = (x - 60)/12

By cross multiplying we get

2(x - 60) = 12 * 3

x - 60 = 36 /2

x - 60 = 18

x = 18 + 60

x = 78

Therefore, Consequently, you must achieve a score of 78 to perform equally well in Exam 2.

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XZ is the perpendicular bisector of segment WY. Solve for k. Enter a NUMBER only.

Answers

Answer:   4

=====================================================

Explanation:

"bisect" means to "divide in half"

So segment WY is split into two smaller equal pieces.

Segments WX and XY are the same length

WX = XY

6k+8 = 11k-12

6k-11k = -12-8

-5k = -20

k = -20/(-5)

k = 4

A car pulls forward 35 feet in 7 seconds, and then stops and sits still for 4 seconds, and then pulls backward 21 feet in 5 seconds. a) What is the distance that the car moved in the full 16 seconds? b) What is the total displacement of the car in the full 16 seconds? c) What are the average speeds in the first, second, and third parts of the car’s motion? d) What is the car’s average speed during the full 16 seconds? e) What is the car’s average velocity during the full 16 seconds?

Answers

a) The total distance covered is 56 feet

b) The total displacement is 14 feet

c) The average speed  in the first, second, and third parts of the car’s motion are; 5 feet/sec,  0 feet/sec and  4.2 feet/sec

d) The average speed of the car is 3.5 feet/sec

e) The average velocity of the car is 0.875 feet/sec

What is the displacement?

We must understand that the distance is the difference between two points but the displacement is the distance between two points in a definite direction. This implies that the distance is a scalar quantity while the distance is a vector quantity. Being a vector quantity means that when we are computing the displacement that we must take into account the direction of the motion and this also applies to the calculation of the velocity of the car.

Let us now carry pout the calculations;

a) Total distance = 35 feet +  21 feet = 56 feet

b) Total displacement =  35 feet -   21 feet = 14 feet

c) Average speed of the first, second, and third parts of the car’s motion;

i)  35 feet / 7 seconds = 5 feet/sec

ii) 0 feet/sec ( it sat still)

iii) 21 feet/5 seconds = 4.2 feet/sec

d) The cars average speed = 56 feet/16 seconds = 3.5 feet/sec

e) Average velocity = 14 feet/ 16 seconds = 0.875 feet/sec

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a) A software organisation employs 80,000 staff members. 16,000 employees are in the sales team, 24,000 are in the customer support team and 14,000 are in the software development and HR departments. What percentage of the organisation’s employees are a part of the finance team, if the size of the finance team makes up two-fifths of the remainder?

Answers

The organization’s employees are a part of the finance team, if the size of the finance team makes up two-fifths of the remainder is 13%

What is the number of employees who are regarded as remainder?

The number of employees out of the total workforce left after having deducted the number of employees making up the sales team, the customer support team the software development and HR departments is computed as shown below:

remainder of workforce=80,000-16,000-24,000-14,000

remainder of workforce=26,000

finance team=2/5*26000

finance team=10,400

finance team as % of total workforce=10,400/80,000

finance team as % of total workforce=13.00%

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Hi everyoneeee i just need one thing done

solve this in word form

1,900

Answers

There are two ways to say 1900 in word form.

1900 = nineteen hundred

1900 = one thousand, nine hundred

Both are equally valid.

Answer: one thousand nine hundred

Step-by-step explanation:

Distributive property 3(2x+7)

Answers

(3•2x) + (3•7) = 6x+21
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