The additional satisfaction received from consuming an additional unit of a good is called the.

1 answer:

7 0

The additional satisfaction received from consuming an additional unit of a good is called Marginal Utility.

Marginal Utility is the benefit or additional satisfaction received by the consumer with each subsequent unit or additional unit of a good or service. Marginal utility is inversely related to the number of units of goods or services he has already consumed. This means that with the consumption of each additional unit add the satisfaction, and hence the marginal utility of the consumer, decreases.

Due to this downward trend, there must come a point where the marginal utility to the consumer becomes zero. This is derived from the concept that the price of foods or services is determined by their utility.

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If a hotel or restaurant is franchised, the property is mostly commonly owned ________________________. Select one: A. by the ho

Debora [2.8K]

C. by the local franchisee.

If a hotel or restaurant is franchised, the property is most commonly owned by the local franchise.

<h3>What is a franchise?</h3>

A franchise (or franchising) is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system. The term franchise technically refers to the agreement that binds the two parties, but it is more frequently used to describe the business that the franchisee runs. The process of developing and disseminating a brand and franchise network is known as franchising.

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8 0

2 years ago

Juanita owns 60% of the stock in a C corporation that had a profit of $200,000 in the current year. Carlos owns a 60% interest i

Ivan

Answer:

The statement which is incorrect or not true is Option A.

Explanation:

Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report

= $200,000 × 60%

= $120,000

But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.

Therefore, the first option is incorrect.

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4 years ago

a driver who lends his or her vehicle to a member of the u.s. forces is required to provide the borrower with the registration c

alexira [117]

This is true. A driver who lends his or her vehicle to a member of the u.s. forces is required to provide the borrower with the registration certificate.

<h3>What is a car registration certificate?</h3>

This is used to refer to the required papers that have to do with the proof of the registration details of a vehicle.

It carries the name and the address of the diver as well as the information that concerns the particulars of the owner of the vehicle.

Hence we can say that This is true. A driver who lends his or her vehicle to a member of the US forces is required to provide the borrower with the registration certificate.