Cage Company had income of $424 million and average invested assets of $2,190 million. Its return on assets (ROA) is:
A. 1.9%.
B. 39%.
C. 19.4%.
D. 5.2%.
E. 3.9%.

Answers

Answer 1

The return on assets (ROA) for Cage Company is 19.4%.

ROA = (Net Income / Average Invested Assets) x 100. In this case, Cage Company had a net income of $424 million and average invested assets of $2,190 million.
Step 1: Divide the net income by the average invested assets:
ROA = ($424 million / $2,190 million)
Step 2: Calculate the result:
ROA = 0.1936
Step 3: Multiply the result by 100 to express it as a percentage:
ROA = 0.1936 x 100 = 19.36%
Therefore, Cage Company's return on assets (ROA) is 19.4% (Option C).

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Related Questions

1.1 Which statement best describes financial accounting …

A. Reports are prepared for managers and users inside the organisation

B. Provides a scorecard by which the past performance of a business is judged in

the form of financial statements which are used by stakeholders outside the

organisation

C. Conduct an official financial inspection of a company or its accounts

D. A and B only

E None of the above​

Answers

I’m not sure but I am thinking is B or C but if they are then I’m sorry :(

A person has income $1000 for goods F and S. The price of F is $4, and the price of S is $200. Which of the following bundles is in the opportunity/budget set (i.e., attainable)?
Select one:
a.
150 units of food, 3 units of shelter
b.
100 units of food, 10 units of shelter
c.
200 units of food, 2 units of shelter
d.
200 units of food, 1 unit of shelter
e.
250 units of F and 1 unit of shelter

Answers

The bundle that is attainable is option e. 250 units of F and 1 unit of shelter.

Option e is the only bundle that falls within the person's budget constraint. The person has an income of $1000, and the price of F is $4. Therefore, the person can afford a maximum of $1000/$4 = 250 units of F. Additionally, the person can afford 1 unit of shelter since its price is $200, which is within their budget.

Option a is not attainable because the person cannot afford 150 units of food and 3 units of shelter within their budget. Option b is also not attainable because the person cannot afford 100 units of food and 10 units of shelter. Option c exceeds the person's budget since they cannot afford 200 units of food and 2 units of shelter. Option d also exceeds the budget as the person cannot afford 200 units of food and 1 unit of shelter.

Therefore, the only option that falls within the person's budget constraint and is attainable is e. They can purchase 250 units of F and 1 unit of shelter.

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Latasha knows Jake will shirk if unsupervised. She considers hiring her good friend Carrie to keep an eye on Jake. The most Latasha should be willing to pay Carrie to supervise Jake, assuming supervision is sufficient to encourage Jake to work hard, is

Answers

Latasha knows Jake will shirk if unsupervised. She considers hiring her good friend Carrie to keep an eye on Jake. The most Latasha should be willing to pay Carrie to supervise Jake, assuming supervision is sufficient to encourage Jake to work hard, is $20.

What is shirking in economics?

The propensity to work less when the payoff is lower. Because they maintain less ownership stake in the company and could potentially receive a lower return, owners may be more motivated to shirk if they issue equity as opposed to debt.

Does a worker benefit from shirking?

Subjects are permitted to participate in two tasks, one of which simulates work for an employer and the other of which allows for rewards for shirking. We discover that subjects who are given incentives to shirk, whereas monitoring and a realistic quota result in higher output.

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Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the
business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?

Answers

3eyy1ggh mi y

1uj gyrju3hxif2 2x ce I I b I 6x9

We would need to set up a ratio or proportion.
3/10=x/51000
X=15,300, Julie
51,000-15,300
35,700, Kristen
70% is owned by Kristen

how do you manage pasture land for Sheep, goats and chyangras ????explain!! any one know this answer then help meeee​

Answers

Answer:

Your pasture should be divided into small fields or blocks the more the better depending on the #of goats

Explanation:

Set up a schedule where you rotate the goats every day. Your first field should be the last one after the goats graze all the others fields.

Answer:

we can managed the pastureland for sheep,goats and chyangras by the following points:

1) local grasses should be conserved and promoted.

2) Rotational grazing should be practiced.

3) pastureland should be routinely irrigated during the dry season .

4) If it has poor soil fertility, fertilizers should be applied time to time.

5) Based on geographical conditions, various grasses can be planted on the pastureland.

ntex Ltd. issued 10,000, 10% Debentures of Rs.100 each at a premium of

10%, full amount being payable along with application. Applications were

received for the debentures issued and allotment was made. Pass the journal

entries.​

Answers

Answer:

1. When the application money is reieved, Debit Bank for Rs.1,100,000; and Credit Debentures Application and Allotment a/c for Rs.1,100,000,

2. To transfer of application money along with premium on debentures allotted to the debentures account, Debit Debentures Application and Allotment a/c for Rs.1,100,000; Debit Debenture a/c for Rs.1,000,000; and Credit Security Premium Reserve a/c  for Rs.100,000.

Explanation:

Since allotment were made, it implies the accounts for application and allotment can be combined. Therefore, the journal entries will look as follows:

Accounts Title                                                      Dr (Rs.)              Cr (Rs.)  

Bank (w.1)                                                           1,100,000

Debentures Application and Allotment a/c                              1,100,000

(To record the amount received from debenture application with the premium)  

Debentures Application and Allotment a/c    1,100,000

Debenture a/c (w.2)                                                                  1,000,000

Security Premium Reserve a/c (w.3)                                           100,000

(To record the transfer of application money along with premium on debentures allotted to the debentures account)

Working:

w.1: Bank = (Units of debentures * Unit price) * (1 + Premium rate) = (10,000 * Rs.100) * (1 + 10%) = Rs. 1,100,000

w.2. Debenture = Units of debentures * Unit price = 10,000 * Rs.100 = Rs.1,000,000

w.3 Security Premium Reserve = Debenture * Premium rate = Rs.1,000,000 * 10% = Rs.100,000

Identify the true statements about the quality problems that arise in a total quality management. 1. In later stages of a supply chain, there is sometimes less ability to rework the product
2. A defect found in later stages of a supply chain is much more costly than a defect found in earlier stages
3. Failure costs include both the internal costs of defects found inside a company and the external costs of defects found by customers

Answers

All operations and duties necessary to uphold a desired standard of excellence are under the control of quality management.

What function does quality management serve?

A company's actions and duties are monitored by quality management to guarantee that the provided goods and services, as well as the methods utilized to deliver them, are consistent. It helps the company maintain its intended level of excellence.

Whom does quality management primarily serve?

Its goal is to guarantee that identical knowledge, techniques, abilities, and controls are utilized and applied consistently each time a process is carried out. In the end, this promotes client pleasure.

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What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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Twelve years ago, an investor bought a certain number of shares of stock for which he paid p 100 per share. at the end of each year, for the next 6 years, he received dividends of p 20 per share. thereafter he received p 10 per share at the end of each year for the next 6 years. if he sells this stock now at p 90 per share, what rate of return will he receive?

Answers

The investor will sit at a rate of return of around 170% overall in the given condition.

Who is an investor?

A person who engages money into one or more classes of investment with an intention to earn monetary returns is known as an investor. In the given condition, the returns of the investor will be calculated as:

\(\rm Returns= Dividend\ for\ 12\ Years- Capital\ Loss\\\\\rm Returns= (120+60)-(10)\\\\\rm Returns= 170\)

Thus, the value of total portfolio of the investor will be p 270 and the rate of return will be calculated as 170%.

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Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?

Answers

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

Spence wants to have $451,072 in 14 years. He plans to make regular savings contributions of $2,791 at the end of each quarter for 14 years, with the first of these regular savings contributions made in one quarter. He also expects to make a special savings contribution of X in 8 years. He expects to earn 3.47% per year on his savings. What is X, the amount of the special savings contribution that Spence will make in 8 years?
Answer Format:
INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.
Enter numerical answers as a positive or negative number rounded to 2 decimal places (###.##)

Answers

The amount of the special savings contribution that Spence will make in 8 years is $150.69.

Given Data:

Spence wants to have $451,072 in 14 years.

Regular savings contributions = $2,791

Special savings contribution in 8 years = X

Interest rate = 3.47% per year

To find:

Amount of the special savings contribution that Spence will make in 8 years

Calculating the future value of the regular savings contributions:

Since the regular savings contributions are made at the end of each quarter, we will find out the quarterly interest rate.

i = 3.47%/4 = 0.8675% per quarter

Number of quarters in 14 years = 4 × 14 = 56

Future value of regular savings contributions:

FV = PMT × [(1 + i)n - 1] ÷ i

Here, PMT = $2,791, n = 56 and i = 0.8675%FV = 2791 × [(1 + 0.008675)56 - 1] ÷ 0.008675= $172,523.15

Calculating the future value of the special savings contribution in 8 years:

Interest rate for 8 years = 3.47% × 8 = 27.76%

Total future value of regular savings contribution and interest in 8 years:

FV1 = $172,523.15 × (1 + 27.76%)= $220,169.52

Given that Spence wants to have $451,072 in 14 years. Therefore, his savings shortfall is:

Shortfall = $451,072 - $220,169.52= $230,902.48

This shortfall can be met by a special savings contribution of X in 8 years.

Therefore, X = Shortfall / (1 + i)n

Here, i = 3.47% per year, n = 8 years

X = $230,902.48 ÷ (1 + 3.47%)8≈ $150.69

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Identify the kind of motivation at play based on the consumer’s behavior in the given scenario. Lila is going to purchase a couch. She goes to a local furniture store to explore the options. At the store, she narrows down her choice to two couches. She tells the salesperson that the first is very comfortable, but she loves another, less comfortable couch for reasons she can’t explain. She decides to buy the first couch. When making the purchase decision, Lila displayed motives.

Answers

The kind of motivation at play based on the consumer’s behavior in the given scenario is irrational motive

There are two kinds of motives in consumer behavior which includes:

Rational motives: This has to do with making a purchasing decision based on the best decision available that would give maximum satisfaction.Irrational (emotional) motive has to do with those decisions that a consumer makes based on how he feels about a particular product, without considering utility (satisfaction)

Based on the given scenario, we are told that Lila is going to purchase a couch and she goes to the store to get one. When she gets there, she notes a comfortable cushion, but makes the decision to get a less comfortable for "reasons she cannot explain". This is an example of Irrational (emotional) motive

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A product with a low level of elasticity of demand has which feature?
A. Demand for the product changes unpredictably over time.
B. Demand for the product gradually increases over time.
C. Demand for the product changes very little over time.
D. Demand for the product gradually decreases over time.

Answers

C is the correct answer. A product with low elasticity of demand is most often a neccessity and price does not affect demand. The demand for a low elasticity of demand product changes very little over time

Mining Companies have a major role to play in facilitating and promoting the culture of equality and therefore eliminating Gender based violence from the workplace and communities that host/ border mining project developments. a) What are some of the reasons that you believe gender based violence has become so prevalent on mining sites and in surrounding communities. (5 marks) b) During the screening phase of an EIA project in Guyana concerns were raised by villagers in the area about "Increased incidences of sexual exploitation of indigenous women and young girls by people who have come into the communities to work for the company."

Answers

Gender-based violence has become prevalent on mining sites and in surrounding communities due to a combination of factors such as male-dominated work environments, social and economic inequalities, lack of awareness and education, limited access to support services, and a culture of impunity.

Gender-based violence on mining sites and in surrounding communities can be attributed to several reasons. Firstly, the mining industry is historically male-dominated, with a significant gender imbalance in the workforce. This power dynamic can perpetuate harmful attitudes and behaviors towards women, leading to increased incidents of violence.

Secondly, mining projects often bring rapid social and economic changes to communities, resulting in unequal power dynamics and social tensions. These changes can disrupt traditional gender roles and exacerbate existing gender inequalities, making women and girls more vulnerable to violence.

Thirdly, the lack of awareness and education about gender issues and violence prevention contributes to the prevalence of gender-based violence. Limited knowledge about consent, healthy relationships, and gender equality can perpetuate harmful norms and behaviors.

Furthermore, the remote locations of many mining sites can limit access to support services and justice systems. This lack of resources and infrastructure can prevent survivors from seeking help and perpetrators from being held accountable, perpetuating a culture of impunity.

Lastly, the overall culture and norms within the mining industry and surrounding communities play a significant role. If there is a lack of commitment from mining companies to prioritize gender equality, enforce policies against violence, and promote a safe and inclusive work environment, it can contribute to the prevalence of gender-based violence.

In conclusion, gender-based violence on mining sites and in surrounding communities is a complex issue influenced by multiple factors. Addressing this problem requires a comprehensive approach that involves creating gender-inclusive work environments, promoting education and awareness, strengthening support services, and holding perpetrators accountable. By actively working towards equality and addressing the root causes of violence, mining companies can play a crucial role in eliminating gender-based violence from their workplaces and the communities they operate in.

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weismann company issued 8-year bonds a year ago at a coupon rate of 10 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 6 percent, what is the current bond price?

Answers

The Weismann Company issued 8-year bonds a year ago at a coupon rate of 10%. These bonds make semiannual payments and have a par value of $1,000. If the YTM (Yield to Maturity) on these bonds is 6%, then the current bond price can be calculated.

The current bond price is the present value of all future coupon payments plus the present value of the par value. To calculate this, we must first determine the number of coupon payments that will be made during the 8 year period, which is 16. We then calculate the present value of each coupon payment and the par value by multiplying the coupon payment and the par value by the present value of an annuity factor, which is determined by the YTM (6%). The sum of the present value of the coupon payments and the present value of the par value is the current bond price.
Therefore, the current bond price of the Weismann Company 8-year bonds is $935.11.

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Analyse why the social benefit of education exceed the private benefit

Answers

Answer:

dddddddddddd

Explanation:

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxs

Who’s the intended audience in news articles

Answers

Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.

Who is a research's primary target audience?

The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.

Who are the media's intended consumers or target audiences?

A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media

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How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?

Answers

Answer:

7 years (to the nearest year)

Explanation:

Given that;

A = amount

P= principal

t = time

r = rate

A =3P(given in the question)

Formula for compound interest;

A = P(1 + r)^t

Substituting values;

3P = P(1 + 18/100)^t

3P/P= (1.18)^t

3 = (1.18)^t

log 3 = t log 1.18

t = log 3/log 1.18

t = 0.4771/0.0719

t = 6.6 years

t = 7 years (to the nearest year)

A milling operation has historically produced an average thickness of 0.003 inch with an average range of 0.0015 inch. Currently, the first three items from each batch of 20 are inspected. Use Table 1. What is the value of the lower control limit for the x-bar chart?A) less than or equal to 0.00100B) greater than 0.00100 but less than or equal to 0.00299C) greater than 0.00299 but less than or equal to 0.00499D) greater than 0.00499Table 1 Factors for Calculating Three-Sigma Limits for the x Chart and R-ChartSize of SampleFactor for UCL and LCL for x-bar-ChartsA2Factor for LCL for R-ChartsD3Factor for UCL for R-ChartsD421.88003.26731.02302.57540.72902.28250.57702.11560.48302.00470.4190.0761.92480.3730.1361.86490.3370.1841.816100.3080.2231.777

Answers

The lower control limit for the x-bar chart is less than or equal to 0.00100.

What is x-bar chart?

A x-bar chart is a type of control chart used in quality control to monitor the mean or average of a process over time. X-bar charts are used to track the changes in the mean or average of a process over time. The x-bar chart is constructed using the average of several samples taken from a process. The chart plots the average of each sample on a graph, allowing the process to be monitored to detect any abnormal variations. The chart also allows for the calculation of upper and lower control limits that indicate when a process is out of control and needs to be investigated. X-bar charts are an effective tool for helping to ensure the quality of a process and can be used to identify and address problems quickly.

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27. Seven-Seas Co. Just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is $40. 00 and its market price is $52. 50 per share, calculate the required rate of return on the stock

Answers

Based on the dividend, the the current price and the growth rate, the required rate of return is 11%.

What is the required rate of return?

This can be found by the formula:

= Next dividend / Current market price + Growth rate

Growth rate = EPS / Book value of share x (1 - Payout ratio)

= 5 / 40 x  (1 - 0.60)

= 5%

Next dividend = Current dividend x ( 1 + growth rate)

= 3 x 1.05

=$3.15

Required return is:

= 3.15 / 52.50 + 0.05

= 11%

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how has the rivalry between coke and pepsi affected industry profits, and how is the increasing popularity of non-csd substitutes affecting this rivalry?

Answers

The rivalry between Coca-Cola and PepsiCo, two of the biggest players in the soft drink industry, has had a significant impact on industry profits over the years.

In order to gain market share and increase profits, both companies have engaged in aggressive advertising and pricing strategies, which have led to significant price competition and lower profit margins for the industry as a whole.

The increasing popularity of non-carbonated soft drink substitutes, such as bottled water, sports drinks, and energy drinks, has further complicated the rivalry between Coke and Pepsi. Consumers are becoming more health-conscious and are seeking out healthier alternatives to traditional sugary soft drinks. As a result, both companies have had to diversify their product offerings to include non-carbonated drinks, such as juices and teas, in order to remain competitive.

Overall, the rivalry between Coke and Pepsi has led to increased innovation and marketing efforts, but has also resulted in lower profit margins for the industry. The increasing popularity of non-carbonated substitutes is likely to continue to impact this rivalry and further drive the need for diversification and innovation in the industry.

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A transaction is initially recorded in the____journal, and then subsequently posted to the general____.
a. general ; ledger.
b. trial ; balance.
c. general ; journal.

Answers

Answer:

a. general ; ledger.

Explanation:

A transaction is initially recorded in the general journal, and then subsequently posted to the general ledger. In Financial accounting, this process of transferring information about a transaction from the general journal to the general ledger is known as posting.

Additionally, the main purpose of a general ledger is to list all accounts used in recording an organization's transactions and as such it contains a list of transactions affecting each account and the account's balance.

On the other hand, the purpose of a general journal is to record a chronological listing of every transaction for an organization at a given time.

What might you need to do to renew your credentials?

submit paperwork

fill out an application

attend a meeting

retake exams

start your education over

Answers

Answer:

submit paperwork, fill out an application, and retake exams

Explanation:

trust me

Answer:

<3

Explanation:

What might you need to do to renew your credentials?submit paperworkfill out an applicationattend a meetingretake

A company has some bottling equipment which cost $8 million, has a net book value of $3.6 million, estimated future cash flows of $3.45 million, and a fair value of $2.85 million. How much is the asset Impalment loss? Multiple Choice a. $0.15 million b. $5.15 million c. $0.75 million d. 33.60 million

Answers

The impairment loss for this equipment is $0.75 million. The correct option is  c. $0.75 million.

The impairment loss for this company's bottling equipment can be calculated by comparing the equipment's fair value to its carrying amount. The carrying amount is the net book value, which is $3.6 million. The fair value of the equipment is $2.85 million. This means that there is a difference of $0.75 million between the two values.

Since the fair value is less than the carrying amount, the company needs to recognize an impairment loss. This loss represents the amount by which the carrying amount exceeds the fair value. Therefore, the impairment loss for this equipment is $0.75 million.

Therefore, the correct option to the multiple-choice question is option c. $0.75 million.

It is important to note that impairment losses can have a significant impact on a company's financial statements. These losses can reduce the value of assets on the balance sheet and lower net income on the income statement. Companies must carefully assess their assets for impairment and adjust their financial statements accordingly to ensure accurate and transparent reporting.

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Select the things are considered psychological influences on the purchase decision process? (select all that apply) multiple select question.

Answers

The psychological influences that are known to have an effect on the reason why people carry out purchase decisions are:

Value, beliefs, attitudesLearning

What is meant by the term purchase decision?

The term purchase decision has to do with all of the decisions that are known to affect the ways' that humans would have to carry out the buying and other purchase of goods and services. The purchase decisions may have to do with all that has to do with buying minor goods that are as little as a pair of slippers and the major goods that would require better planning such as the purchase of a house.

Hence we can say that The psychologial influences that are knwon to have an effect on the reason why people carry out purchase decisions are:

Value, beliefs, attitudesLearning

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Complete question

Which of the following are considered psychological influences on the purchase decision process? (Check all that apply.)

Value, beliefs, and attitudes

Learning

In which type of business do shareholders own a portion of the company and have some say in how it is run?
Corporation
Limited liability
Partnership
Sole proprietorship

Answers

Partnership  type of business do shareholders own a portion of the company and have some say in how it is run. The three primary types of partnerships are general partnerships.

Limited partnerships, and limited liability partnerships when referring to a for-profit endeavor carried out by two or more people. All partners in a general partnership are equally liable financially and legally. Through company partnerships, you can access more information, skills, and resources that will help you create better goods and reach a wider market. When combined with 360-degree and the feedback, all of these can help your business reach new heights.

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Answer:

corporation

Explanation:

I took the test and got it right

ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. During the year ABC Ltd sold 40% of its investments being held in the beginning of period at a profit of Rs 16,800. Determine cash flow from investing activities.

Answers

ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. the cash flow from investing activities was Rs 44,000.

What are investing activities.?

Generally, Investing activities are actions taken by a business or individual to acquire or dispose of assets in order to increase their wealth. These activities can include the purchase of stocks, bonds, mutual funds, real estate, or other types of investments. Investing activities are typically undertaken with the goal of generating income or capital appreciation over time.

To determine the cash flow from investing activities, we need to calculate the amount of cash that ABC Ltd received from selling its investments.

The investment at the beginning of the period was Rs 68,000. If 40% of this investment was sold, then the amount sold was 40/100 * Rs 68,000 = Rs 27,200.

The profit from the sale of these investments was Rs 16,800, so the total cash received from the sale was Rs 27,200 + Rs 16,800 = Rs 44,000.

Therefore, the cash flow from investing activities was Rs 44,000.

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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau

Answers

Better business bureau

Answer:

It might be D- whic

In the United States, total government purchases of goods and services make up about ____________________ percent of all the goods and services the country produces. a. 75 b. 32 c. 12 d. 50

Answers

The United States government is responsible for buying c. 12% of all goods and services.

Government spending in the United States comprises about 12% of the total GDP of the United States. The main things the government spends on are:

Defense Social welfare Education

By buying up these things, the U.S. government is not only helping and protecting Americans, it is helping the economy as well because government spending allows for employment to grow.

In conclusion, 12% of goods and services produced in the U.S. are purchased by the U.S. government.

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lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by 12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.

Answers

Answer:

d

Explanation:

A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.

Marginal benefit is the benefit derived from consuming one extra unit of a good

Marginal cost is the cost of consuming one more unit of a good

Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.

If the policy is enacted, students would only consume goods for which their  marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.

the items they would select would be dependent on the marginal benefit they would derive from consuming the food item

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