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melamori03 [73]
2 years ago
11

When a consumer shifts purchases from product x to product y, the marginal utility of:____.

Business
1 answer:
dlinn [17]2 years ago
5 0

When a consumer shifts purchases from product x to product y, the marginal utility of <u>X rises, and the </u><u>marginal utility</u><u> of Y falls.</u>

In economics, utility is the satisfaction or benefit obtained from consuming a product. The marginal utility of a good or service describes how much pleasure or satisfaction a consumer gains or loses by increasing or decreasing his consumption by one unit. There are three types of marginal utility. They are positive, negative, or zero marginal utilities.

Marginal utility is the pleasure obtained by the consumer for each additional unit he consumes. Calculate the utility over the first consumed product (threshold amount). For example, you can buy frozen donuts. In return, this will give you a certain level of benefit or satisfaction.

Learn more about  Marginal utility here: brainly.com/question/15050855

#SPJ4

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1. Harley Davidson has its engine plant in Milwaukee and its motorcycle assembly plant in Pennsylvania. Engines are transported
Serggg [28]

Answer:

Company should load 1,479.9 motorcycles on each truck.

Explanation:

Cost per trip = $1,000

Demand for motorcycles = 300 per day

Cost per engine = $500

Holding cost =  20% of $500

                     = $100

Assuming that company plant works for 365 days in a year,

Annual demand = 300 motorcycles × 365 days

                           = 109,500 motorcycles

Economic\ order\ quantity\ for\ each\ truck=\sqrt{\frac{2DS}{H}}

where,

D = Annual demand in units

S = Set up cost per order

H = Handling cost per order

Economic\ order\ quantity\ for\ each\ truck=\sqrt{\frac{2\times109,500\times1,000}{100}}

=\sqrt{\frac{219,000,000}{100} }

\sqrt{2,190,000}

= 1,479.9

Thus, the company should load 1,479.9 motorcycles on each truck.

5 0
3 years ago
What should a potential employee consider before agreeing to a contract?
Monica [59]
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5 0
4 years ago
Invertebrates have a (an) ____ which provides a support framework.
andrew11 [14]
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8 0
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Shane is looking for ways to get more capital for his appliance sales and service business. he is very protective of his company
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6 0
3 years ago
Engberg Company installs lawn sod in home yards. The company’s most recent monthly contribution format income statement follows:
katovenus [111]

Answer:

* The company’s degree of operating leverage: 1.38;

* The impact on net operating income of a 22% increase in sales: it will increase by 30.4%;

* New contribution format income statement:

                                               Engberg Company

                             Contribution format income statement

                                      Amount                        Percentage of sales

Sales                              $176,900                              100%

Variable expenses            70,760                               40%

Contribution margin         106,140                               60%

Fixed expenses                 24,000

Net operating income        82,140      

Explanation:

* The company’s degree of operating leverage = Contribution / profit = 87,000/63,000 = 1.38

* The impact on net operating income of a 22% increase in sales is calculated as: Degree of operating leverage x % changes in sales revenue = 1.38 x 22% = 30.4%.

* new contribution format income statement is shown in the answer part.

4 0
3 years ago
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