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Ivahew [28]
1 year ago
14

suppose that the marginal benefit per dollar spent on bicycles exceeds the marginal benefit per dollar spent on skateboards. the

consumer can always increase her utility by​ buying:
Business
1 answer:
torisob [31]1 year ago
4 0

More bicycles and fewer skateboards.

For example, consumers are willing to pay $5 for ice cream, so the marginal utility of eating ice cream is $5. However, consumers may be significantly less willing to buy additional ice cream at that price and will be tempted to buy another ice cream just by spending $2.

Limit Utility is the maximum amount a consumer will pay for an additional good or service. In general, marginal utility decreases as consumption increases. The marginal cost of production is the change in the cost of producing additional units of goods or services.

In general, marginal utility decreases as consumption increases. When consumers are willing to pay more for goods and services than the market price, this is known as consumer surplus. The marginal utility of some commodities such as B. Medications does not decrease over time.

Learn more about skateboards here;

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Swinnerton Clothing Company's balance sheet showed total current assets of $3,300, all of which were required in operations. Its
Zanzabum

Answer:

c. $2,580

Explanation:

Calculation for What was its net operating working capital that was financed by investors

Current assets $3,300

Less Accounts payable ($575)

Less Accrued wages and taxes ($145)

Net operating working capital $2,580

($3,300-$575-$145)

Therefore What was its net operating working capital that was financed by investors will be $2,580

7 0
3 years ago
Knowing that you are buying one pound of bread is part of _____. contract enforcement property rights standards for weights and
SSSSS [86.1K]

<span>Knowing that you are buying one pound of bread is part of your rights as a buyer in the market. Because first and foremost, you give out your money and you are buying every crumble of the bread, meaning you already owned it.</span>

3 0
3 years ago
Read 2 more answers
The difference between the actual cost incurred and the standard cost is called the?
Taya2010 [7]

A Standard Cost Variance is a difference between the actual cost incurred and the standard cost against which it is measured.

The main difference between normal costing and standard costing is that normal costing uses actual costs for material and direct labor costs, whereas standard costing uses predefined costs for these two items. That's it.

This difference between standard cost and actual cost is called variance. An unfavorable variance occurs if the actual cost is higher than the standard.

The main difference between marginal costing and standard costing is that marginal cost is a subset of standard cost and standard is a superset of marginal costing. Description: Standard costing is a costing method and there are two types of costing methods.

Learn more about Standard Cost Variance here: brainly.com/question/25790358

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4 0
1 year ago
In setting a product's , a business needs to take into account the costs of producing, distributing, and promoting the product a
Illusion [34]

When setting the price of a product, a company needs to take into account the costs of producing, distributing and promoting the product, as well as a profit margin.

<h3>How to set the product price correctly?</h3>

It is essential that the company align its needs and objectives with the characteristics of the market and its business, in order to define a compatible and competitive price. It is essential to analyze income and expenses to establish an optimal balance in the pricing process, revising the strategy whenever necessary.

Therefore, it is essential that pricing is aligned to the market, to the fixed and variable costs of the business, considering its needs and goals for the business to be well positioned in the market.

Find out more about pricing here:

brainly.com/question/7452044

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4 0
2 years ago
All of the following are examples of market segments except a.sales territories. b.advertising. c.customers. d.products.
Ganezh [65]

Answer:

b.advertising

Explanation:

Market segment is a strategy that a organisation decides which market to appease.

Market Segments can be drawn from sales territories , groups of customers. and products but not advertising

6 0
3 years ago
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