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oksano4ka [1.4K]
4 years ago
5

The selling price for a classics people is 14,000 what was the speakable original price if it is currently selling for 2000 less

than two times its original price
Mathematics
1 answer:
ipn [44]4 years ago
6 0

Answer:

the original price was $8000

Step-by-step explanation:

The selling price for a classics people =$14,000

Let the original price be x

We ae given that the selling price is $2000 less than 2 times original price

Hence

$14000=2x-$2000

adding $2000 on both sides

$16000=2x

dividing both sides by 2

$8000=x

Hence the original price was $8000

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The total utility of 4 units is 50 and the marginal utility is 5

Total utility is the sum of satisfaction that is derived from the consumption of units of a good or service.

Total utility can be determined by adding the marginal utility of each unit that is consumed.

Total utility of consuming 4 units =<em> marginal utility</em> of the first unit + <em>marginal utility</em> of the second unit + <em>marginal utility</em> of the third unit + <em>marginal </em>utility of the fourth unit  

20 + 15 + 10 + 5 = 50

Marginal utility is the change in total utility when consumption increases by unit. Marginal utility is 5

Please find attached the table used in answering this question. To learn more about marginal utility, please check: brainly.com/question/14149928?referrer=searchResults

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