Answer:
The answer is "0.7275".
Explanation:
6 months =26 weeks.
Since we can write pdf in a medium 20 weeks since the distribution is exponential
As we use much more of a product, we experience a diminishing marginal utility.
<u>Explanation:
</u>
The Law of Marginal Benefit Declining says that somehow the marginal use of each extra unit declining rises as consumption. The limited utility is generated as the utility shift is absorbed by a supplementary unit. Utility is an economic principle used to describe pleasure or satisfaction.
For example, a person may purchase a certain brand of chocolate for a little while. Soon, they may buy too little and choose another type of chocolate or buy cookies alternatively, because the fulfilment they initially received from chocolate is declining.
Angela could have easily done to prevent this problem from occurring
is that she should double check the “To” and “Cc”, in which this will allow her
to confirm whether the message that she sent was particularly send to the
specific person and not to be sent to all of the people on her contacts.
Answer:
Explanation:
At a wage of $10/hour
Cost of a bus pass - $5
Two way trip =$10
Weekly bus trip = 10*5 -$50 (to & fro)
Extra time spent with bus 5hr (to & fro)
(leisure time are charged at wage rate )
Extra wage forgone with bus = 10*5= $50
the cost of earning extra if i drive =$60
Cost outweighs benefit
I will prefer to go by bus.
But if wages increase to $20
Leisure time valued at $20, Extra wage forgone = 20*5 = 100
Cost of earning extra if i drive by car = $60
If i drive the car . i will save extra time that worth a benefit of $40/week
If the wage increase to$20 , i will prefer to drive my car.
Simple... My cousin is doing a internship, he is going to college and getting his degree in engineering. While he's getting his 4 year scholarship he's also working for a engineering factory to get paid while he's in college.
