Answer:
Future value of total improvement cost = $1,788,552.44
Explanation:
As per the data given in the question,
Regular deposit amount = $250,000
No. of period = 5 years
Interest rate = 18%
Future value = Regular deposit amount × [((1+interest rate per period)^no. of period - 1) ÷ interest rate per period]
Face value = $250,000×[((1+0.18)^5-1) ÷ 0.18]
= $250,000×7.154
= $1,788,552.44
Future value of total improvement cost = $1,788,552.44
Answer:
Fit dimension
Explanation:
Utility function is the function which is vital that measures the preferences over a set of the services or goods. Utility states the consumer or the customer satisfaction, receiving the consuming and choosing the service or product.
Consumer utility function is the function which states the satisfaction or contentment of the customer. So, if the firm or the company who is offering the tailor made ( which means as per the requirement of the customer), to the customer that appeals the fit dimension of the utility function of the customer as it captures how well the service or the product matches the characteristics of the given customer.
If the price of product x rises, then the resulting decline in the amount purchased will<u> increase the marginal utility of this good.</u>
The difference in overall utility that results from consuming one extra unit of a good is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy.
When the overall utility is increased by the consumption of an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit. Progressive taxation are frequently defended using the law of diminishing marginal utility.
Negative, zero, or positive marginal utility are all possible.
Hence, option B is the correct answer
To learn more about marginal utility here,
brainly.com/question/15561406
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<span>Marginal analysis is the process of identifying the benefits and costs of different alternatives by examining the incremental effect on total revenue and total cost caused by a very small (just one unit) change in the output or input of each alternative.</span>
Answer:
IDKK EITHER OF WHAT YOU ARE ASKING IDK
Explanation:
I just got myself confused XD