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Answer: Coverdell Education Savings Account (ESA)
Explanation:
A Coverdell Education Savings Account (ESA) is a type of Trust account created by the US Government to help families fund the educational expenses of their members who are aged 18 or below.
This account is not Taxable as the US Government wants to use it as a way to encourage Educational Expenditure.
The account however is limited to a maximum deposit of $2,000 per year per beneficiary and so is perfect for the customer in question.
A consumer will respond to the price change in such a way that it could express it marginal utility
Answer:
The answer is Letter C
Explanation:
Water World can recover the loss of profit from the delayed opening.
Answer:
D) The extra energy benefits Patrick gets from another can are no longer worth the cost. MB/MC (S)
Explanation:
The optimal quantity for Patrick to consume is 5 cans of GreenCow.
This is the quantity where MARGINAL BENEFIT EQUALS MARGINAL COST. For all quantities up to the 5th, the marginal benefit is higher than the marginal cost. This means that Patrick's net benefit is increasing, and consuming all units up to this point make him better off.
If Patrick were to consume any more than 5 cans of GreenCow, the cost of each additional can would be higher than the additional benefit (because the marginal cost curve is higher than the marginal benefit curve). Consuming any cans beyond the 5th, therefore, makes him worse off.