Answer:
<u>Zero</u>
Explanation:
Marginal utility refers to the extra satisfaction derived, which is expressed in utils, when an additional unit of a commodity is consumed.
Total utility reaches it's maximum point when marginal utility is zero. As total utility begins to fall, the marginal utility becomes negative.
Alfred Marshall cited the law of diminishing marginal utility, which states, as more and more units of a commodity are consumed, the successive utility derived must fall.
In the given case, if utility is maximized, the marginal utility derived from the last bite eaten would be zero.
Answer:
$37.79
Explanation:
The computation of the stock price is shown below:
Data given in the question
Next year dividend = $3.25
Growth rate = 3.5%
Required rate of return = 12.1%
So, the stock price is
= Next year dividend ÷ (Required rate of return - growth rate)
= $3.25 ÷ (12.1% - 3.5%)
= $3.25 ÷ 8.6%
= $37.79
We simply apply the above formula to find out the stock price
Answer:
d) Markets tend to move towards equilibrium as individuals respond to incentives
Explanation:
The equilibrium is the single point where the demand meets the supply. Individuals, tend to move following their own benefit, so if the demand of engineers is bigger than the supply of them, they will be better paid and become easier to find a job...individuals want to find a job with a better pay, so they will decide to major in Engineering.
As the number of engineers increase, the supply will meet the demand of them and the number of jobpostings for engineers will decrease as well as their extra pay meeting the equilibrium point.
Thats how the Markets tend to move towards equilibrium as individuals respond to incentives
Good Luck!
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The appropriate response is Affective. This part manages sentiments or feelings that are conveyed to the surface about something, for example, dread or despise. Utilizing our above illustration, somebody may have the disposition that they despise young people since they are languid or that they cherish all infants since they are adorable.
The answer is C because you have to love what you want to become in order to succeed in life and letter C represents a poor reason to choose a profession because if for example you decide to become a teacher and you don't like the job, but the salary then you would not be more than a failure.
