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2 years ago

If, when you consume another piece of candy, your marginal utility is zero, then?

1 answer:

meriva2 years ago

5 0

If, when you consume another piece of candy, your marginal utility is zero, then you have gotten the most out of eating candy overall.

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

Utility in economics refers to the pleasure or advantage obtained from using a thing.
A good or service's marginal utility quantifies how much consumers enjoy or are satisfied after increasing or decreasing their use by one unit.

You may purchase an iced doughnut, for instance. You consequently gain some degree of utility or satisfaction from it.

The general rule in economics is that marginal utility equals total utility change divided by change in quantity of goods.
The equation looks like this: Total utility difference divided by amount of commodities difference equals marginal utility.

Learn more about marginal utility here:

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On January 1, 2021, Legion Company sold $260,000 of 8% ten-year bonds. Interest is payable semiannually on June 30 and December

Galina-37 [17]

Answer:

$12,021

Explanation:

Calculation to determine what Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:

Using this formula

Interest paid =[Bonds amount*(Priced to yield/2)]

Let plug in the formula

Interest paid = $200,356*( 12%/2)

Interest paid=$200,356*6%

Interest paid =$12,021

Therefore Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:$12,021

3 0

2 years ago

You have $10,000 to invest. You want to purchase shares of Alaska Air at $42.56, Best Buy at $51.42, and Ford Motor at $8.56. Ho

abruzzese [7]

Answer:

Alaska = 46.99 units

Best buy = 58.34 units

Ford Motor = 584.11 units

Explanation:

<em>To determine the unit of each class of stock to purchase, we wll multiply each of the percentages by the total fund to be arrive the proportion of fund to be invested in each class. </em>

<em>Further more, we will divide the allocated amount by the share price per unit</em>

Shares to be purchased to have the given proportion would be '

Alaska (20%) =(20%× 10,000)/42.56= 46.99 units

Best buy (30%) = (30% × 10,000)/ 51.42 = 58.34 units

Ford Motor (50%) = (50% × 10,000)/ 8.56 = 584.11 units

3 0

3 years ago

The financial reporting carrying amount of Johns-Hopper Company's only depreciable asset exceeded its tax basis by $750,000 at D

Sati [7]

Answer: Liability of $300,000

Explanation:

In the question above, what we have is a deferred tax liability, which could be explained as the amount accrued in taxes at a present time but payable in the future. The tax rate will not be based in the present tax rate. Thus is why we will not be using the 30% tax tate of 2018 in calculating the tax amount.

Tax rate = 40%

Exceeded tax basis = $750,000

0.4 × 750,000 = $300,000

Therefore, Johns-Hopper should report the deferred tax effect of this difference in its December 31, 2018, balance sheet as Liability of $300,000

7 0

3 years ago

Read 2 more answers

Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. If he can earn 7 percent on any investme

artcher [175]

Answer:

Total future value= $16,402.09

Explanation:

Giving the following information:

Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. He can earn 7 percent on any investment that he makes.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Year 1= 4,450*1.07^3= 5,451.44

Year 2= 4,775*1.07^2= 5,466.90

Year 3= 5,125*1.07= 5,483.75

Total future value= $16,402.09

6 0

3 years ago

Read 2 more answers

Julia is a U.S. citizen. She establishes a website that posts threatening messages about celebrities. Her website is.

svlad2 [7]

Answer:

b. not protected by the First Amendment

Explanation:

Based on the information provided within the question it can be said that the Julia's website is not protected by the First Amendment. This is because the Supreme Court has never interpreted freedom of speech to allow the inclusion of obscenities. Which "threatening posts about celebrities" would fall under the category of obscenity and not be protected under the First Amendment.

4 0

3 years ago