Answer:
D. Ordering a second dessert when you're already full.
Explanation:
Marginal utility is an economic term that refers to the additional satisfaction derived from the consumption of an extra good or service. Decreasing marginal utility is a concept the explains how satisfaction declines with the continuous consumption of a good or service beyond the optimal point. The law of diminishing or decreasing marginal utility observes that satisfactions increases at an increasing rate up to the optimal point. After the peak, satisfaction will ease and eventually turn negative.
Ordering for a second dessert when full does not result in any satisfaction. The individual needs are already met. The second dessert will not bring as much joy or enthusiasm as the first one.
Answer:
False
Explanation:
The whole purpose of the Madrid Protocol is to simplify the registration of trademarks among the participating countries. A company or person can register a trademark in any of the participating countries and it will be valid in all the countries that signed the protocol (over 90 countries). This simplifies and unifies the trademark registration process.
Answer:
D. Shortages abound due to the fact that the government cannot rely on good information.
Answer:
Option A will save her $15,500.
Explanation:
Financial aid is the assistance given to students to cater to a college education. It excludes Scholarships and grants as these are not cost items by other forms of assistance.
<u>Total for University Option A</u> excluding scholarships and grants
Tuition & Fees $10,000
Room and Board $11,500
Work-Study <u>$ 4,000 </u>
Total for A <u>$25,500</u>
<u>For university option B</u>
Tuition & Fees $28,000
Room & Board $ 9,000
Work-study <u>$ 4,000</u>
Total for B <u>$41,000</u>
Option B is more costly than A by :$41,000 - $25,500=$15,500.
Therefore, Option A saves $15,500
Decreasing taxes can stimulate the economy by putting more money in the circulation or by boosting the spending .The tax cuts stimulate the economic growth only in the short-term.
Explanation:
Due to an decrease in tax the after tax income of an individual increases which is used by individuals to buy more product and services.Thus reduced tax rates leads to an increase in saving and investment, which leads to an increase in the productive capacity of the economy as a whole