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castortr0y [4]
2 years ago
15

The most common pattern for marginal utility is:

Business
1 answer:
Nesterboy [21]2 years ago
5 0

The most common pattern for marginal utility is Diminishing marginal utility.

<h3>What is Diminishing marginal utility?</h3>

Diminishing marginal utility can be regarded as a phenomenon which is a pattern of marginal utility and explains that  each additional unit of gain brings about  subjective value been increased.

For instance, when you eat more three candy, is more better than two but having 30 doesn't bring more experience.

Learn more about  marginal utility at:brainly.com/question/15050855

#SPJ12

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Which of the following costs is often important in decision making, but is omitted from conventional accounting records? A. Fixe
-Dominant- [34]

The correct option is B - Opportunity Cost

<u>Explanation:</u>

Generally, an opportunity cost is the benefit that you gave up when you pass on that option in favor of another option. For instance, by choosing to purchase furniture instead of taking a vacation comes at the cost of not experiencing the relaxation and fun associated with a vacation. All options have opportunity costs (getting married instead of staying single, investing in school instead of retirement, etc).

Everyone should know that opportunity cost is a very important concept that doesn’t just have its application in economics; you can apply it to all aspects of your daily life. Whether you’re cooking, eating, playing soccer, going to the movies, or hitting the gym, so long as you’re breathing, evaluating the choices you’re presented with is an inevitability, whether conscious of it or not.

8 0
3 years ago
Suppose that the salary range for recent college graduates with a bachelor's degree in economics is $30,000 to $50,000, with 25
igor_vitrenko [27]

Answer:

The  Expected Earning for the college graduates is 40,000

Explanation:

The Expected Earning for a college alum with a four year college education in financial matters is determined as weighted normal all things considered, utilizing likelihood of every result as its weight.  

Although the Expected Earning is;  

Expected Earning = (25% × 30,000) + (50% × 40,000) + (25% × 50,000)  

Expected Earning = 0.25 × 30,000 + 0.5 × 40,000 + 0.25 × 50,000  

 Expected Earning = 7500 + 20,000 + 12,500

Expected Earning = 40,000

7 0
3 years ago
The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will
castortr0y [4]

Answer:

it will increase

Explanation:

4 0
2 years ago
Which of the following falls in the category, "place" in the marketing mix?
inna [77]

Answer: trade shows

Explanation:

In marketing mix, the place is simply referred to as the process of movement if goods and services from the producer to the prospective consumers or consumers.

The place also refers to how ones good or service is bought and the place where it is being sold. The movement could be through intermediaries like distributors, the wholesalers, retailers etc.

In the above, the place will be the trade shows.

7 0
3 years ago
Which of the following formulas would allow you to copy it into another cell while keeping the row reference fixed?
zhuklara [117]

Answer:

$C$8

Explanation:

The Symbol $ means that by copying and pasting to another cell, the cell references will not change.

In this case, the references are "locked" onto column C. Copying the formula to some other location will not change the references since they are absolute.

5 0
2 years ago
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