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riadik2000 [5.3K]
1 year ago
11

which is considered to be a tell-tale indication that the point with the highest total utility has been obtained?

Business
1 answer:
Basile [38]1 year ago
8 0

The marginal utility per dollar is the same for both goods is considered to be a tell-tale indication that the point with the highest total utility has been obtained.      

what is marginal utility?

In economics, the benefit or enjoyment derived from utilizing something is referred to as its utility. The marginal utility of an item or service measures how satisfied or how much more they enjoy it after using it more or less by one unit. There are three types of marginal utility. They either have a positive, negative, or zero marginal utility. If you like pizza, for instance, getting a second slice makes you feel better than just one. It suggests that eating pizza will have a positive marginal advantage for you. However, after ingesting the second piece, you already feel full, and a third would not improve your situation. This shows that eating pizza has no marginal value for you.

learn more about marginal utility-brainly.com/question/14864294

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Training new personnel who just started working at the office fits under which administrative
Scilla [17]

Answer:

personnel management.

Explanation:

Training new personnel who just started working at the office fits under personnel management.

Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.

Hence, the main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.

5 0
3 years ago
Identify and describe the three basic forms of reinforcement that most directly influence behavior in organizations.
Andrews [41]

Answer:

Positive Reinforcement: Giving a desired reward when a behavior is performed to increase how often the person repeats the behavior.

reinforcement: The process of increasing the incidence of a directly measurable behavior.

negative reinforcement: The removal of an unpleasant condition or consequence when a behavior is performed to increase how often the behavior is repeated.

7 0
4 years ago
You're about to buy a new car for $10,000. The dealer offers you a one-year loan where you pay $860.66 every month for the next
WINSTONCH [101]

Answer:

The actual effective annual rate is <u>3.33%</u>.

Explanation:

Effective Annual Rate (EAR) refers to an interest rate has been adjusted for compounding over specified period of time.

Effective annual rate can therefore be described as the interest rate that paid to an investor in a year after compounding has been adjusted for.

Effective annual rate can be computed using the following formula:

EAR = [(1 + (i / n))^n] - 1 .............................(1)

Where;

i = Annual interest rate claimed by the dealer = 3.28%, or 0.0328

n = Number of compounding periods or months = 12

Substituting the values into equation (1), we have:

EAR = [(1 + (0.0328 / 12))^12] - 1 = 0.0332976137123635

EAR = 0.0333, or 3.33% approximately.

Therefore, the actual effective annual rate is <u>3.33%</u>.

4 0
3 years ago
Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable
labwork [276]

Answer:

description of the land

Explanation:

According to my research, many states need for a land sale contract to include a description of the land in order to be able to make the contract enforceable. This is just like when you buy a car, you would like to have photos of the car for the sale. Description as well as photos provide a better understanding of what is being sold.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
ABC Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $40,000. During 2020, it wrote off $28,800 of acc
SVETLANKA909090 [29]

Answer:

$20,400

Explanation:

The computation of the bad debt expense for 2020 is shown below:

Ending balance of Allowance for Uncollectible Accounts = Beginning balance of Allowance for Uncollectible Accounts + bad debts -write off amount

where,

Ending balance of allowance for uncollected accounts is

= $800,000 × 5%

= $40,000

Beginning balance of Allowance for Uncollectible Accounts is $40,000

And, the written off amount is

= $28,800 - $8,400

= $20,400

So, the bad debt expense is

= $40,000 - $40,000 + $20,400

= $20,400

We simply applied the above formula so that the bad debt could arrive

6 0
3 years ago
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