Answer:
10
Total
Marginal
Explanation:
Marginal utility is the change in utility that occurs from consuming one extra unit of a good.
Marginal utitiy = 55 utils - 45 utils = 10 utils
Total utility is the utility derived from consuming a good or service.
When :
1. Total utility is 45 , marginal utility is 15
2. total utility is 55, marginal utility is 10
This shows that as total utility increases, marginal utility falls.
I hope my answer helps you
Answer:
c) Having money left over after meeting your expenses
Explanation:
Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.
From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.
<span>In the first hundred days of his presidency, FDR knew that he would have to provide relief to the U.S. citizens, create jobs and stimulate the economy. His first step was to bring back the peoples confidence in banks. Next, he had to help local relief agencies. He convinced congress to establish the Federal Emergency Relief Agency which sent funds to agencies. The FERA put money into public work programs to support people who were out of work. FDR also established the Civilian Conservation Corps which help put men to work on cleaning up national parks.</span>
