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1 year ago

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

1 answer:

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.

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g An increase in demand is represented by a a. movement downward and to the right along a demand curve. b. movement upward and t

Lana71 [14]

Answer: c. rightward shift of a demand curve.

Explanation:

When there is movement along the demand curve, this is due to a change in the price of the good.

However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.

I have attached a graph showing what happens when Quantity Demand increases.

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3 years ago

Which of the following is not a broad, cost classification category typically used in activity-based costing? Batch-level. Facil

crimeas [40]

Answer:

Management Level

Explanation:

A cost allocation method is not an activity based costing typically.

Interviews with management that have adequate knowledge and the cost classification are usually done at management level

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3 years ago

The following information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In a

astra-53 [7]

Answer:

Actual Price paid for materials = $4.2136 $\times$ 2,200 = $9,270

Actual price per unit = $4.2136

Explanation:

Provided information,

Standard Material per unit = $4

Total cost = $8,400

Standard Quantity = $8,400/$4 = 2,100 units

Provided Material Price variance = $470 unfavorable = - $470

$= (Standard Price - Actual Price) \times Actual Units$

Material Quantity Variance = $400 Unfavorable = - $400

$= (Standard Quantity - Actual Quantity) \times Standard Rate$

Using Material Quantity Variance

- $400 = (2,100 - Actual Quantity) $\times$ $4

-$400/$4 = 2,100 - Actual Quantity

Actual Quantity = 2,100 + 100 = 2,200 units

Now, putting this value in Material Price Variance we have,

- $470 = ($4 - Actual Price) $\times$ 2,200

-$470/2,200 = $4 - Actual Price

- $0.214 = $4 - Actual Price

Actual Price = $4 + $0.2136 = $4.2136

Final Answer

Actual Price paid for materials = $4.2136 $\times$ 2,200 = $9,270

Actual price per unit = $4.2136

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4 years ago

Visitors spend a greater amount of time at portal sites than they do at most other types of Web sites, which is attractive to ad

Tpy6a [65]

Answer:

Visitors spend a greater amount of time at portal sites than they do at most other types of Web sites, which is attractive to advertisers. TRUE

Sites conducting monetizing campaigns are unconcerned about visitor backlash. FALSE

Explanation:

The first statement is true, as portals provide a great pace for advertisers to place their ads and marketing messages. Portals are places where people come with a specific purpose (usually loosely related to the marketing niche of the advertiser), so marketing messages can be subtly placed on portal sites.

The second statement is false, because if the dissatisfied visitors stop visiting the site, it would lose its audience. If that happened, they would not be able to conduct those campaigns in the first place, as no advertiser would get the incentive to communicate marketing messages to a smaller, decreased audience.

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3 years ago

In the workplace, you will often write messages that reply directly to requests for information or action. Using the direct mess

salantis [7]

Answer:

Effective direct reply letters usually include a subject line, provide explanation and additional information.

Explanation:

Effective direct reply letters recognize the subject contained in the subject line as well from previous correspondence.

Effective direct reply letters arrange information in order of priority by listing the most important information first, and make a list of the responses to the questions of the customers in accordance to the order the questions are asked. Graphic devices are employed to ensure that the message can be easily read, and provide assistance to customers by giving then clear reference that will enable them to find additional information.

Finally, a forward-looking statement is usually employed by effective direct reply letters to end pleasantly.

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4 years ago