Answer:
b. the more wealth she has, the less utility she gets from an additional dollar of wealth.
Explanation:
Utility is the satisfaction derived from a good. Total Utility is the total satisfaction from all units of a good. Marginal Utility is the additional satisfaction from an additional unit of a good.
The Law of Diminishing Marginal Utility states that : As consumer gets more & more of a good, the additional utility (satisfaction) from each successive unit keeps on declining. It implies that marginal utility decreases, & total utility increases at a decreasing rate.
Therefore : A person has more marginal utility (additional satisfaction) from an additional dollar, if he has less money (dollars). And, relatively less marginal utility from an additional dollar if he has more money (dollars).
Example : A rich person having millions of dollars would get less marginal utility (additional satisfaction) from gaining a single dollar, than a poor person having few dollars.
Researchers can manage and organize data by using strategies
in research that will help them into organizing the information that they were
able to obtain from the researches that they study. Strategies in which could
help them in managing and organizing data are the following—communication,
group meetings in which people who are involved with the study, extensive
training, conceptual framework development and trails for external and internal
audit in which should be created.
Answer:
The summary of the accident, calculate the total dollar value of the property damage Stephanie caused is explained below in detail.
Explanation:
The term 100/300/100 coverage indicates that a character has coverage of $100,000 physical damage mortgage coverage per person, $300,000 total physical damage mortgage insurance per accident, and $100,000 property loss accountability per accident.
So, in case Stephanie prompted a property and accident destruction, then $1,00000 will be sustained by the insurance corporation and above this value, it will be paid by Stephanie.
Answer:
Data mining
Explanation:
Here are the options to this question :
a. Data query b. Simulation c. Data mining d. Data dashboards
Data mining is used to extract useful data from a larger set of any raw data. It is used to find relationship among data.
The store owner found a relationship between A, B and C.
Answer:e. $3,700 gain.
Explanation:
Par value of Bonds =$100,000
Unamortized premium= $2,700
Carrying/ Book value of bonds= Par value of Bonds +Unamortized premium
= $100,000 + $2,700 =$102,700
Amount at which bonds retired $100,000 x 99% = $99,000
Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired
=$102,700- $99,000 = $3,700
